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Thala Labs (THL)

Thala is DeFi protocol building a decentralized, yield-bearing stablecoin and the liquidity provisioning layer on Aptos. Use Thala to borrow MOD: an over-collateralized stablecoin backed by decentralized, yield-bearing assets.

Seed Round: $6 Million

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Overview

Project industryFinance Services & Banking / DeFi / Aptos Ecosystem
Product typeDeFi
WhitepaperThala Labs White Paper Open

What is Thala Labs

Thala is a decentralized finance (DeFi) protocol native to the Aptos blockchain. The protocol revolves around two key products: Move Dollar and Thala Swap.

Stablecoin

Move Dollar, or MOD, is an Aptos-native stablecoin used to transact, facilitate, and interact with various other DeFi protocols in the ecosystem, while acting as a store of value, a medium of exchange, and a unit of account.

MOD is an over-collateralized, yield-bearing stablecoin backed by a basket of on-chain assets. Its diverse collateral base of liquid staked derivatives, liquidity pool tokens, deposit receipt tokens, and RWAs ensures its decentralized, censorship-resistant nature without compromising capital efficiency.

AMM & Launchpad

Thala Swap is an automated market maker that enables dynamic pool weightings. The protocol supports weighted pools, stable pools, and liquidity bootstrapping pools, among others. Thala Swap unlocks additional use cases for MOD, and the protocol's ownership of liquidity enables deep, long-term liquidity that can exist largely un-incentivized.

Dynamic pool weightings, and more specifically, the liquidity bootstrapping pool (LBP), powers Thala's third product. Built on top of Thala Swap, Thala's launchpad provides a safe and equitable way of distributing tokens for both projects and market participants.

Details

Token supply: 100,000,000 THL
Raised: 6,000,000 USD

Legal

Blockchain Platform: Aptos

Token info

Ticker: THL
Type: Utility-token
Token distribution:
Contributors & Advisors - 20%
Investors - 20%
Treasury - 15%
Community - 35%
Token Generation Event (TGE) - 10%

Project team

Adam C.
Adam C.
Co-Founder
Adam C.  linkedin
Lawson Graham
Lawson Graham
Back End Developer
Lawson Graham linkedin
Thor O.
Thor O.
Core
Thor O. linkedin

Advisors

Joshua Toh
Joshua Toh
Joshua Toh linkedin

Social media

Thala Labs web-siteThala Labs MediumThala Labs LinkedInThala Labs X (Twitter)Thala Labs Discord

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