THENA

THENA (THE) is a decentralised exchange (DEX) built on the BNB Chain. It aims to serve as the native liquidity layer for the network, offering efficient trading, low slippage, and deep liquidity for digital assets. The protocol leverages a ve(3,3) model, which incentivises liquidity providers while aligning the interests of stakeholders, a mechanism inspired by platforms such as Curve Finance and Solidly. This model promotes sustainable ecosystem growth by encouraging long-term participation and decentralised governance.

THENA is designed to optimise trading and liquidity provision on the BNB Chain. Users can deposit their digital assets into the platform’s liquidity pools to earn rewards. The THEN governance asset powers the ecosystem, allowing users to lock THE and receive veTHE (vote-escrowed THEN). Holders of veTHE can participate in governance by voting on protocol proposals, directing emissions to liquidity pools of their choice, and sharing in weekly revenue distributions. This system enhances decentralised decision-making and incentivises active participation while maintaining deep liquidity for efficient trading.

The platform supports yield farming, incentivised liquidity provision, and decentralised trading, making it a hub for traders and liquidity providers seeking efficient and reward-driven trading opportunities.