TechFlow News — Thala, a DeFi protocol in the Aptos ecosystem, announced it will launch Thala V2 in three phases throughout August. Thala V2 will introduce several user experience enhancements, including UI/UX upgrades and gas optimization. Since its launch, Thala has consistently delivered updates and improvements to its existing product suite. V2 introduces new components and features leveraging CDP, AMM, and a launch platform. The protocol also plans to expand its product offerings and launch its liquid staking token, thAPT, later this year.
Details are as follows:
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Phase One includes the launch of the MOD Peg Stability Module (PSM), CDP incentives, and Flashloans. The MOD PSM will enable recursive strategies and further strengthen the peg of Move Dollar (MOD), initially supporting USDC bridged via Wormhole and LayerZero. CDP incentives will differentiate Thala from other CDP protocols by offering vaults with heterogeneous collateral types. Flashloans will be integrated into one-click leveraged designs for RWA products.
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Phase Two involves changes to Thala’s vote-locking model and a redesign of its tokenomics. The updated vote-locked token economics now support both single-sided THL and 80THL-20MOD liquidity pool tokens. Users can lock either to receive veTHL, which represents their voting power. Additionally, Thala is making significant changes to its emission structure. All THL emissions will be received as escrowed THL (esTHL), a non-transferable form representing accrued THL rewards.
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Phase Three will launch Parliament, a DAO governance platform built on and for Aptos, enabling protocols and NFT communities to participate in token-based governance. At launch, Thala will integrate Parliament for DAO governance, allowing veTHL holders to vote on key protocol matters. Furthermore, Thala’s Launchpad product will support batch auctions alongside Liquidity Bootstrapping Pools (LBPs).
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Finally, Thala plans to release a new vault product for RWA at the end of July.
