- 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.
$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 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.
Thala Labs has raised $6 million in a seed round led by @shimacapital, @WhiteStarCap and @paraficapital …
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🤝