What is ThalaLab ?
Thala is a DeFi protocol that Building $MOD, a decentralized, yield-bearing stablecoin and the liquidity provisioning layer on Aptos Blockchain, and offers several key products, including the stablecoin Move Dollar ($MOD), Thala Swap AMM, and Launchpad.
⏤ StableCoin
$MOB backed by a basket of on-chain assets, including liquid staked derivatives, liquidity pool tokens, deposit receipt tokens, and real-world assets (RWAs). The $MOB is over-collateralized and yield-bearing, offering both stability and profitability to its users
⏤ Thala Swap
Thalaswap is a Automated Market Maker (AMM) and The dex offers three different pool types (weighted, stable, and liquidity bootstrapping) enable deep liquidity for Thala’s stablecoin, Move Dollar (MOD), across the Aptos ecosystem
⏤Thala Launch
Thala Launchpad provides a accessible way for new projects to create and issue their tokens. They can leverage the liquidity pool and community support provided by Thala to get their project off the ground.
• Funding
Thala Labs has raised $6 million in a seed round led by @shimacapital, @WhiteStarCap and @paraficapital …
• Tokenomics
On Docs there is 35% $THL for Community for incentivize CDP (Stability Pool) and AMM
⎘ “Less $THL Airdrop Chances but who know ?🪂 ”
• What to Do ?
⏤ Connect your aptos wallet(patra) to app app.thala.fi
⏤ Claim Faucet
⏤ Mint $MOD with claimed faucet
⏤ Deposit a portion of your minted $MOD into stability pool
⏤ Add liquidity to USDC/MOD pool. Stake it to earn Test $APT Reward
⏤ Swap MOD to USDC using ThalaSwap.
Step to step Guide : https://thalalabs.medium.com/thala-testnet-guide-c5ac0ca3fbf7
• Claim Thala Labs Testnet Campaign NFT
⎘ “After completing above task it’s takes ~24 horse to update on Galxe, so check back soon….”
Claim Link : https://galxe.com/ThalaLabs/campaign/GCyJCU4uyS
Collect it free🤝
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