Thena Logo

Thena THE

Thena header image

1. Summary

Ranks

Liquidity
82
Developer
-
Social
92
Momentum (beta)
95
Stack Rankā„¢
-
Price
$0.42 +0.6%
Market Cap
$11.50M (#1261)
Supply
27.56M / 149.50M
Price
52W High price $0.62
52W High date 29th Mar 2024 (2 months ago)
All Time High (ATH) Date 20th Feb 2023 (1 year ago)
ATH Price $1.00
% From ATH -52.19%
All Time Low (ATL) Date 2nd Sep 2023 (9 months ago)
ATL Price $0.06
% From ATL 732.39%
Supply & Trading Volume
Trading Volume (24h) $404,020.00
Total Supply 149.50M
Circulating Supply 27.56M
Description

Thena is a decentralized exchange (DEX) and liquidity protocol built on the BNB Chain, aiming to become the native liquidity layer by offering efficient and cost-effective liquidity solutions. It combines the vote-escrow model from Curve and the anti-dilution mechanism from Olympus, where veTHE holders control 100% of Thena's emissions allocated to...

Thena is a decentralized exchange (DEX) and liquidity protocol built on the BNB Chain, aiming to become the native liquidity layer by offering efficient and cost-effective liquidity solutions. It combines the vote-escrow model from Curve and the anti-dilution mechanism from Olympus, where veTHE holders control 100% of Thena's emissions allocated to gauges and benefit from weekly rebases, reducing dilution from emissions over time.

Gauge Voting Mechanism

The gauge voting mechanism is derived from Curve Finance's vote-escrowed model, where veTHE holders vote on emissions levels during weekly epochs. Emissions are proportionate to the vote share at the end of each epoch, introducing a Bribing Marketplace where protocols can deposit bribes to secure veTHE votes for their gauges.

Emissions Specifications

  • Weekly emissions at inception: 2,600,000 THE
  • Weekly emissions decay: 1%
  • Weekly developer wallet allocation: 2.5%
  • Weekly veTHE rebalance: Up to 30%
  • Emissions for liquidity providers: 67.5%.

Tokenomics

  • Initial supply:
    • Protocol airdrop: 19% of the initial supply
    • User airdrop: 25%
    • theNFT minters: 9%
    • Ecosystem grant: 25%
    • Team: 18%
    • Initial liquidity providers: 4%.

Features

  • Advanced vAMM/sAMM technology for low slippage
  • Gauge weight votes for incentivizing liquidity provision
  • Real Yield-based incentives for liquidity providers
  • Integration with theNFT and the THENA ecosystem.
2. Price

THE

2.1. Market Performance

How does Thena's (THE) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-10.8%

THE

-32.6%

Similar Market Cap

60 Day Return

187.5%

THE

27.3%

Similar Market Cap

1 Year Return

23.1%

THE

370.6%

Similar Market Cap

3. Developer Activity

We're monitoring 1 Thena GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Thena Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 7
  • Past year: 0 commits vs. an average of 128

Most Active Repos

Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 0 developers have contributed to Thena over the past year. Who are the most active Thena developers, by commits, over the past year?

Related Projects

Developers working on Thena also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 17,284
Twitter followers 176,903
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://thena.fi/
Explorer https://bscscan.com/token/0xF4C8E32EaDEC4BFe97E0F5...
Twitter @ThenaFi_

What is the correct contract address for Thena?

Opbnb 0x9d94a7ff461e83f161c8c040e78557e31d8cba72
Binance-smart-chain 0xf4c8e32eadec4bfe97e0f595add0f4450a863a11

Has Thena been audited for security?

No security audits found for this project.

Are you the owner of Thena? Edit it here

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