Aptos ecosystem's DeFi protocol Thala will gradually release Thala V2 next month.
Aptos ecosystem's DeFi protocol Thala will gradually release Thala V2 next month.
By BLOCKBEATS
2023-07-14 11:16
According to an official announcement from the Aptos ecosystem DeFi protocol Thala, Thala V2 will be launched in three stages next month, involving multiple changes and upgrades to the protocol: The first stage includes the launch of the MOD PSM module, CDP incentives, and Flashloans. The MOD PSM module allows users to exchange MOD and whitelist stablecoins at a 1:1 ratio. CDP incentives enable users to earn additional revenue from a wider range of collateral types through treasury incentives. Flashloans will be integrated into the one-click leverage design of RWA, allowing users to swap collateral in the treasury. The second stage involves changes to Thala's voting custody model and a reshaping of token economics. The updated voting custody token economics now supports unilateral THL and 80THL-20MOD liquidity pool tokens. In addition, all THL emissions will receive custody THL (esTHL), which is a non-liquid version of accumulated THL rewards. The third stage will introduce Parliament, a DAO governance platform supported and built by Aptos. In addition, the protocol's Launchpad product will support batch auctions while supporting liquidity bootstrapping pools (LBP). Finally, Thala plans to release a new treasury product for real-world assets (RWA) at the end of July.