THENA is a decentralized finance (DeFi) platform that serves as a hub for trading and liquidity management. Its main goal is to help protocols create deep markets for their tokens while directing capital towards the most productive uses.
Function of the THE token:
The token $THE is the native token of THENA and is used in the following functions:
1. Liquidity: Issued as a reward to incentivize liquidity provision, improving trading conditions.
2. Governance: Users can lock $THE en veTHE to participate in protocol decisions and access weekly income.
Main components of THENA:
1. Spot Trading: Allows trading digital assets with low friction in a decentralized environment.
2. Perpetual Futures: Offers over 270 trading pairs with leverage of up to 60x.
3. CLAMM (Concentrated Liquidity AMM): Enhances efficiency in liquidity provision with customized strategies.
4. Automated Liquidity Management (ALM): Optimizes returns for liquidity providers using tools like Gamma and ICHI.
5. Yield Farming: Generates passive income by providing liquidity and receiving $THE as a reward.
6. Governance Model ve(3,3): Users who lock the obtain veTHE, allowing them to vote and maximize rewards.
7. Trading Competitions: Participate in competitions to win prizes in THENA Arena.
8. Institutional Solutions: Designed for family offices, crypto hedge funds, and market makers.
Details of the THE token:
Maximum supply: 326,120,291 tokens.
Initial circulating supply: 233,000,000 tokens (~71.4% of total supply).
Token distribution:
Issuances: 76.14%
Airdrop: 8.13% (includes 6.67% for Binance HODLers).
Ecosystem: 6.30%
Team: 2.76%
Conclusion:
THENA aims to provide a comprehensive ecosystem for trading, liquidity, and community participation. With advanced tools like CLAMM and ALM, and a focus on decentralized governance, it is designed to attract both individual and institutional users.
