🌟 Acquire liveTHE Tokens: Instead of directly buying $THE , you can purchase liveTHE tokens. These are the liquid version of veTHE (vote-escrowed THE), which means they represent locked $THE but in a form that can be traded without the lockup period associated with veTHE.
🔑 By holding liveTHE, you essentially have access to the benefits of veTHE without the need to vote yourself. The voting is handled by Abacus. liveTHE tokens allow you to earn from the fees generated by THENA, similar to what veTHE holders receive, but with the added flexibility of liquidity.
❓ But what if you want to vote for yourself? Then you can transform the liveTHE tokens back into veTHE for a small fee of 3.5%. This means if you are planning on growing a big veTHE NFT, you should invest now in liveTHE. At the current rate, you would get double the amount of voting power compared to just buying THE from the market.
🚀 So if new protocols are coming, this would be a really great way to get your voting power to participate. 😉 @THENA
Today, I swapped $4648 worth of USDT and added 3630 liveTHE tokens to my wallet. And the best part? They're now valued at $6062! That's a cool, easy profit of $1414 in just a few hours with zero headache!
Isn't it great how #liveTHE keeps showing its potential? Keep an eye on this gem - it's on the move!
🎉 Listen up, as this could have been interesting: Had you listened to my first post about liveTHE, you would now own 50% more $THE !
First Post: The ratio was 1000 $THE to 3701 liveTHE. This means for 1000 $THE , you could have bought 3701 liveTHE. Now: The current ratio is 1000 $THE to 1496 liveTHE.
Gain Calculation: Start: 1000 THE = 3701 liveTHENow: 1000 THE = 1496 liveTHE
That means if you had invested 1000 THE into liveTHE back then, you would now have:
3701 liveTHE which would be worth 2474.43 THE (3701 / 1496 * 1000)
Profit: 1474.43 THE in profit, which equates to a 147.44% gain over the original 1000 THEinvestment!
The Lesson: Early investment in liveTHE could have resulted in a 147.44% increase in value.
Current Opportunity: The ratio continues to improve. There's still potential, but the biggest opportunities were clearly for the early birds.
Remember: Crypto is volatile, and such opportunities come and go quickly.
👏 Community, you've played this smart! The opportunity with liveTHE hasn't gone unnoticed!
The Strategy is Paiing Off! Many have bought liveTHE at a discount, staking it for additional yield.
Peg Correction in Action: The gap between liveTHE and $THE is narrowing. The protocol's mechanics are working as intended, with fees being used to buy back liveTHE, effectively closing the price difference.
Price Movement: liveTHE is inching closer to its 1:1 peg with $THE .Staking Rewards: Still lucrative, providing a dual benefit of capital appreciation and passive income.
What's Next? Keep Holding If you're in, consider holding for the full peg restoration.
New Investors: The window might still be open, but act fast. The peg could snap back any time. I have seen some huge buys like 300k at once!
Reminder: Always keep an eye on market conditions; they can change rapidly.Diversify: Don't put all your eggs in one basket, even with a promising opportunity like this.
Go to Thena to be able to swap you THE into liveTHE
🔄 Keep monitoring the situation. The journey of liveTHE to full parity with $THE continues, and if you've taken advantage, you're on the right track!
To all who have been interested in the $THE since yesterday, here is the post.
It's not just a token; it also grants you rights. When you lock this token, you get a veTHE, which gives you voting rights for THENA. By exercising these voting rights, you receive the corresponding earnings for what you vote on.
For every 1000 voting rights, you received an average of $9-$14 yesterday, which you can exercise per epoch, securing income from the generated platform fees. All earnings that Thena generates in fees are distributed to these locked tokens. There are two ways to acquire these voting rights: First Way: You take the THE token and lock it via the THENA website itself.Second Way: You look for whether such a veTHE is for sale. Here you can find very good bargains, allowing you to get more votes for the same money than if you were to lock it yourself.
Here are some examples: veThena Lock #18411 contains 1622 $THE tokens, thus having a value of approximately $6000. It is offered for $5000, making it significantly cheaper than locking it yourself.
For those interested in a larger one, you can also find: veThena Lock #18410 Value $18300, Cost $15300.
It's important here to always verify the value, as unfortunately, this is not visible on the marketplace. For this, I always use the veNFT checker: you find the link in the Discord of THENA. veNFT CheckerEnter the lock number and check the content! You can find the veTHE at: Element Market Link to it also on THENA Discord:
I'm curious to see how the Arena will impact these figures in the coming weeks. So far, there have already been 288 registrations for the first @ThenaFi_ Arena competition!
That means the 🥇place currently boasts a proud $840 prize!
If you want to participate, head over and sign up! It's also not too late to join THE STORY to secure your share of the $30,000 prize pool!! here you go to participate:
I came to Thena through an airdrop for $OATH holders. Since Epoch Zero, I’ve been part of the community and have witnessed the impressive development of this platform.
The constant improvement of the platform and the dynamic rewards for voters have particularly impressed me. These change depending on market conditions, showing how adaptable Thena is.
As a holder of some of the coveted theNFTs, I benefit from the platform fees. The limited number of 1734 theNFTs, which share 10% of the total fees, makes them particularly valuable. BNBCHAIN Overall, I see a bright future for @ThenaFi_ . The platform is user-friendly and innovative. I can’t wait to see how much fees Thena will generate for veNFT and theNFT holders in a bull market. My best weekly reward was around $1350! 🤑🤑🤑🤑
I am excited about the Thena credit card, which will allow me to spend rewards directly. I’m also looking forward to the ARENA feature for creating custom trading competitions.
Thena is one of the best platforms in the crypto space for me, and I’m proud to be part of this journey. I can’t wait to see Thena become number 1 on the BNB-CHAIN
OPBNB's achievement of over 950,000 daily active users and maintaining GAS fees at just 5 BNB signals a significant leap towards making DeFi more accessible and efficient for everyone.
Impact Highlights:
For Users Lower fees mean more cost-effective DeFi access, increasing savings and investment opportunities.
For Thena Ecosystem A surge in OPBNB users boosts activity and liquidity, enhancing $the ecosystem.
For Partners CryptoAlgebra , symm_temp , LiquidDriver Benefits include more efficient trading, innovative financial products access, and better yields, all thanks to lower transaction costs.
Why It Matters This milestone not only signifies OPBNB's success but also marks a victory for the broader DeFi community, promising a future of more affordable and accessible financial services. Thena and partners are set to continue delivering value and innovation, thanks to OPBNB's efficient infrastructure.
Exciting Developments in the World of Crypto: opBNB and Thena
🚀 The Big Opportunity with opBNB The world of cryptocurrency is witnessing a significant opportunity with opBNB, known for its exceptional user experience and low gas fees. In a groundbreaking move, ThenaFi is currently testing subsidies for gas fees on opBNB, coupled with the introduction of social logins. This innovation simplifies the process for users, eliminating the complexities associated with wallet setup and maintenance.
🌐 Thena Strategic Positioning By integrating these features, Thena places itself strategically in the forefront of this new chain, poised to attract a robust user base from the EVM world and tap into the liquidity that opBNB offers. The projection for opBNB in 2024 is a trajectory of parabolic growth.
💹 Q1 2024: Arena Development Launch The first quarter of 2024 marks the launch of Arena Development. This social trading platform will enable users to mint their unique THENA IDs and start creating profiles. The platform is not just for trading; it's a hub for anyone to join or create trading competitions, applicable to both spot markets and perpetuals. It’s a critical component of Thena growth strategy, intended to gamify the trading experience and enhance protocol liquidity.
🎮 Engagement and Innovation Twelve protocols are already queuing up for the launch, with $7,000 pledged for competitions in the next seven months. Additionally, users will have the opportunity to launch their own trading competitions, adding a communal and interactive dimension to the platform.
🤝 Community-Driven Campaigns Thena is not just about technology; it’s about community. A joint campaign with OpenBSD is scheduled for January 11th, where participants can complete tasks for a chance to share a $10,000 airdrop.
for more informations follow: https://twitter.com/JohannesSK1