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Thala

Thala

THL
$0.006555Up 0.00 percent($0.00)

Key Stats

Market Cap$487.16KUp 0.00 percent
Fully Diluted Value$654.26K
Total Supply99.80M THL
Max Supply∞
Circulating Supply74.31M THL
Launch Date2023-03-30
Built OnAPT
Smart Contract Address0x7fd5…3615
Decimal Places8

Thala Information

Websites
www.thala.fi
Industries
DeFi

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
THLAPT0x7fd500c11216f0fe3095d0c4b8aa4d64a4e2e04f83758462f2b1272556436152023-03-30

About Thala

Thala (THL) is a cryptocurrency token built on the Aptos blockchain, introduced in 2023. It supports DeFi applications and services on the Aptos platform. Thala includes two key products: Move Dollar (MOD), a stablecoin aimed at facilitating transactions and interactions within the ecosystem, and Thala Swap, an automated market maker for enhancing liquidity and trading efficiency. THL, Thala's governance token, allows holders to vote on protocol decisions. The project, aligned with the Aptos blockchain's objectives, focuses on scalability, usability, and interoperability of DeFi applications.

Frequently Asked Questions

Thala (THL) is a cryptocurrency that operates within the Aptos blockchain ecosystem, introduced in 2023. It's developed as part of the decentralized finance (DeFi) sector, focusing on enhancing the functionality and interoperability within the Aptos platform. Thala is designed to support a wide range of DeFi applications and services, aiming to contribute to the broader adoption and utility of blockchain technology​​​.

Thala's primary use cases revolve around its DeFi protocol functionalities, which include the Move Dollar and Thala Swap. The Move Dollar, or MOD, is an Aptos-native stablecoin that plays several critical roles: it acts as a store of value, a medium of exchange, and a unit of account within the ecosystem. MOD is an over-collateralized, yield-bearing stablecoin, underpinned by a diverse collateral base. Thala Swap is an automated market maker (AMM) that introduces dynamic pool weightings, supporting various pool types to enhance liquidity and trading efficiency. Moreover, Thala's governance token, THL, enables token holders to participate in crucial decision-making processes regarding the protocol's development, including adjustments to protocol parameters and treasury deployments.