TechFlow news, Aptos-based DeFi protocol Thala Labs announced that veTHL and esTHL will launch on mainnet on August 23.
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veTHL allows users to gain voting power and other long-term holder benefits by locking THL or THL/MOD liquidity.
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esTHL requires all THL liquidity mining rewards to be received in a locked form. Liquidity providers should claim their existing THL rewards before the protocol upgrade.
In addition, starting August 23, the global issuance of THL will be reduced by 10%, advancing Thala's transition toward a more sustainable liquidity mining model.
Next, Thala plans to roll out governance, RWA modules, and other features in Q4 to further enhance its ecosystem.
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