Name : Thala (THL)
THL Price : $0.03600 +0.74%
Consensus Mechanism : Proof of Stake
Volume: 143,016
Market Cap: 1,747,946
Shariah Judgement
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Shariah Status :
Last Screening: Q2 2024
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Overview
Thala Protocol, situated within the Aptos blockchain, is a decentralized finance (DeFi) platform introducing two pivotal offerings: Move Dollar (MOD) and Thala Swap. MOD, an over-collateralized stablecoin native to Aptos, serves as a versatile asset within the DeFi ecosystem, embodying properties of a store of value, medium of exchange, and unit of account. Thala Swap, an automated market maker, facilitates dynamic pool weightings, supporting various pool types like weighted, stable, and liquidity bootstrapping pools. This infrastructure not only enhances MOD's utility but also ensures deep, sustainable liquidity. Leveraging dynamic pool weightings, particularly through the liquidity bootstrapping pool, Thala empowers its launchpad, offering a fair and secure token distribution mechanism for projects and participants alike.
Whitepaper & Documents
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