Thena | From Binance to the MoonCZ Joins Thena’s Party: Pumps, Pools, and Plenty of Liquidity
Thena serves as the primary liquidity layer and automated market maker on the BNB Chain. It leverages advanced AMM technology, deep liquidity, and smart routing to provide users with low slippage and high returns when exchanging cryptocurrencies. Thena is designed to onboard new protocols to the BNB Chain by facilitating a free market for THE emissions. Protocols can either bribe veTHE holders or acquire veTHE themselves to direct emissions to their pools, offering a flexible and efficient solution for scaling liquidity.
Thena features two types of liquidity pools for all trades, optimized through smart routing to ensure the best price execution. These composable and reliable AMMs make the platform attractive for protocols looking to integrate and build on Thena.
THE Token
THE is a BEP20 utility token powering the protocol, with emissions aimed at two core goals:
Liquidity Optimization: THE is distributed as farming rewards to incentivize deep liquidity, ensuring optimal trading conditions.
Decentralized Governance: THE holders can participate in governance decisions, steering the platform’s ongoing development. The ultimate vision is to achieve full decentralization.
Lets check Thena’s Market Performance so far
Current Price: $3.4, up by 222% in the past 24 hours.
All Time High: $3.23 (achieved on February 8, 2023), currently 2.7% below this peak.
Circulating Supply: 76.59 million tokens out of a maximum supply of 326.12 million.
24Hour Trading Volume: $837 million across 21 markets and 10 exchanges, with Binance being the most active for sure! and the Market Cap is $241 million
Thena’s listing on Binance has strengthened its position within the DeFi ecosystem, signaling strong growth potential. The token’s recent price surge and performance underscore the importance of community support, strategic partnerships, and innovation in a competitive market. The Binance listing has amplified its visibility, paving the way for increased adoption and marking the start of a promising upward trajectory.
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