THE2: THENA 2.0 — Strategic Treasury Expansion & Ecosystem Evolution

THENA · July 1, 2026, 10:04am

THENA 2.0 — Strategic Treasury Expansion & Ecosystem Evolution

Introduction

This document is intended to provide visibility into the proposed THENA 2.0 strategic treasury expansion initiative and the broader evolution of the THENA ecosystem.

The purpose of this communication is to:

proactively inform the THENA community of the proposal structure,
provide context regarding the strategic rationale,
explain the safeguards and execution framework,
and ensure alignment ahead of any governance process involving the THENA community.

The proposal is designed as a long-term sustainability and ecosystem expansion initiative for THENA and BNB Chain rather than a short-term token event.

Importantly:

THENA’s AMM infrastructure and ve(3,3) foundation remain core to the ecosystem,
the protocol is not abandoning its existing liquidity model,
and the proposal is intended to strengthen the protocol’s long-term sustainability and ecosystem positioning.

Background & Context

Since launch, THENA has established itself as one of the major liquidity and trading ecosystems on BNB Chain through:

the ve(3,3) model,
ecosystem integrations,
strong token distribution,
and long-term alignment with BNB Chain growth.

However, the broader DeFi market structure has evolved significantly over recent years.

The combination of:

prolonged contraction in on-chain activity,
declining speculative trading volumes,
increasing infrastructure competition,
and the operational limitations of pure fee-sharing DEX models during prolonged market contractions,

has created structural pressure across many DeFi protocols relying primarily on transactional fee generation.

At the same time, the market opportunity for decentralized finance has materially expanded.

The industry is progressively moving beyond standalone DEX infrastructure into broader integrated financial ecosystems combining:

spot trading,
perpetuals,
options,
yield products,
RWAs,
AI-assisted execution,
and consumer financial tooling.

Infrastructure across spot and derivatives has also matured substantially, reducing differentiation purely at the liquidity infrastructure layer.

THENA’s strategic objective is therefore to evolve from a pure DEX liquidity venue into a broader consumer-facing DeFi access layer deeply integrated into the BNB Chain ecosystem.

This evolution is intended to:

strengthen user growth,
deepen ecosystem integrations,
improve long-term sustainability,
and expand BNB Chain’s consumer-facing financial infrastructure.

THENA 2.0 Strategic Direction

The broader THENA 2.0 vision aims to evolve the protocol from a liquidity venue into a consumer-facing financial ecosystem while preserving and strengthening its existing AMM and liquidity infrastructure.

The AMM remains strategically important as:

the liquidity backbone for spot assets,
a future liquidity layer for RWAs and tokenized assets,
a launch and bootstrap venue,
a routing layer connected to broader financial products,
and a core source of ecosystem activity and revenue.

The evolution focuses on expanding the protocol across several strategic initiatives designed to strengthen liquidity, grow the user base, and position THENA for the next phase of DeFi adoption.

1. Reinforcement & Ecosystem Growth

Over the past several months, the THENA leadership team has been evaluating the long-term evolution of the protocol and the resources required to compete in the next phase of decentralized finance.

As part of this process, THENA has reached an agreement with an experienced team of builders and operators who have committed to supporting the next stage of the protocol’s development.

This collaboration significantly strengthens THENA’s ability to execute across:

product development,
ecosystem partnerships,
growth initiatives,
marketing,
user acquisition,
access to a network of asset issuers and capital allocators.

The objective is not simply to maintain the protocol’s current position, but to transform THENA into one of the primary consumer-facing financial applications within the BNB Chain ecosystem.

Combined with the existing community, infrastructure, and liquidity foundation built by THENA, this additional leadership and execution capacity provides the protocol with the resources necessary to pursue a significantly broader vision.

2. Rebuild Core Liquidity & Trading Activity

The first priority of THENA 2.0 is to strengthen the liquidity pairs and trading activity that historically generated the majority of protocol revenue.

Historically, a relatively small number of strategic trading pairs generated most of the protocol’s fees, volume, and ecosystem activity.

THENA intends to:

identify and prioritize these key revenue-generating markets,
deploy targeted liquidity initiatives,
establish strategic incentive programs,
attract larger long-term liquidity providers,
Capture RWA demand during its nascent bootstrapping phase
and improve market depth across the most productive trading pairs.

The objective is not simply to increase TVL, but to increase productive liquidity that generates sustainable trading activity and protocol revenue.

Special programs may be introduced for strategic liquidity providers willing to commit meaningful capital over extended periods of time and contribute to the long-term health of the ecosystem.

A stronger liquidity foundation remains the cornerstone upon which the broader THENA 2.0 ecosystem will be built.

3. Consumer Trading & Mobile Experience

The long-term objective is to transform THENA from a collection of DeFi products into a unified consumer application.

THENA intends to progressively evolve into a mobile-first experience offering access to:

spot trading,
perpetual trading,
yield opportunities,
tokenized assets,
on-ramp and off-ramp solutions,
payment integrations,
and unified portfolio management.

The goal is to onboard users beyond traditional DeFi audiences and create a product experience that feels familiar to mainstream financial users while leveraging decentralized infrastructure underneath.

The next generation of users should be able to access DeFi through THENA without needing to understand the complexity of the underlying protocols powering the experience.

4. Unified Financial Ecosystem

THENA’s long-term objective is to progressively expand beyond its current product offering and integrate additional financial verticals into a unified user experience.

Rather than requiring users to navigate multiple protocols and interfaces, THENA aims to become a single access point for on-chain financial services across the BNB Chain ecosystem.

This strategy may include integrations spanning:

lending and borrowing,
options and structured products,
yield generation,
tokenized assets,
payment solutions,
and future financial primitives as the ecosystem evolves.

The objective is not to build every product internally, but to leverage best-in-class infrastructure and strategic partnerships to create a seamless user experience.

By bringing multiple financial verticals under a single interface, THENA can significantly improve user retention, increase ecosystem activity, and lower the barriers to entry for the next generation of users entering decentralized finance.

5. RWA & Tokenized Asset Liquidity

One of the largest opportunities emerging across the industry is the tokenization of real-world assets.

With initiatives such as Binance Stocks coming to BNB Chain and growing demand for exposure to non-crypto asset classes, THENA intends to position itself as a key liquidity and distribution layer for tokenized assets.

THENA plans to:

establish liquidity support for strategic tokenized asset pairs,
leverage ARENA to bootstrap liquidity and trading activity,
coordinate closely with lending markets and ecosystem protocols,
prioritize assets capable of achieving deep integration across the broader BNB Chain ecosystem.

The objective is not simply to list tokenized assets, but to support assets that can become productive financial primitives throughout DeFi through lending, collateralization, structured products, and other financial use cases.

This approach strengthens network effects, improves capital efficiency, and increases the probability of sustainable trading activity and long-term liquidity growth across the ecosystem.

6. Spot & Perpetual Market Expansion

THENA intends to complement its existing AMM infrastructure with additional trading experiences and liquidity venues where appropriate.

Potential strategic integrations and discussions include:

spot orderbook infrastructure,
perpetual trading infrastructure,
deeper BNB Chain ecosystem integrations,
and enhanced trading experiences for both retail and professional users.

The objective is to ensure users can access the best execution, deepest liquidity, and broadest range of trading opportunities through the THENA ecosystem.

Strategic Treasury Expansion Proposal

To support this evolution responsibly, THENA requires:

long-term operational sustainability,
ecosystem growth resources,
product development capital,
strategic partnership flexibility,
and treasury strengthening.

The proposal therefore introduces a one-time strategic treasury expansion equal to 10% of the original maximum supply of THE tokens.

Proposed Structure

Total mint size: ~32.61M THE
Executed in two separate 5% tranches
Tokens minted directly into the operational multisig treasury

Importantly:

the treasury expansion is not intended for immediate secondary market distribution,
deployment would remain phased and strategic,
and treasury usage would be tied to ecosystem growth initiatives, integrations, partnerships, liquidity expansion, operational sustainability, and product development.

The objective is to establish a sustainable long-term strategic reserve enabling THENA to compete effectively in the next phase of DeFi evolution.

Treasury Usage Framework

The treasury expansion is expected to support initiatives such as:

ecosystem growth,
liquidity expansion,
strategic integrations,
infrastructure development,
ecosystem partnerships,
market expansion

Potential strategic ecosystem initiatives include:

perpetual trading integrations,
RWA liquidity support,
AI-native execution tooling,
structured products,
consumer financial tooling,
and broader ecosystem expansion initiatives.

Treasury deployment would remain phased and subject to operational oversight and governance transparency.

Governance & Market Safeguards

The proposal is designed with several safeguards intended to minimize market disruption and preserve ecosystem stability.

These include:

phased mint execution,
multisig treasury custody,
no direct market distribution,
governance approval through veTHE,
gradual operational deployment,
and continued communication with ecosystem stakeholders.

The proposal is intended as:

a strategic treasury strengthening initiative that will support the continuous development of THENA based on the outlined plan,
a long-term sustainability measure,
and a growth framework for the next phase of ecosystem expansion.

Alignment With BNB Chain Ecosystem

THENA remains strongly aligned with the long-term growth of the BNB Chain ecosystem.

The THENA 2.0 direction is specifically designed to:

expand consumer-facing DeFi adoption on BNB Chain,
strengthen ecosystem liquidity,
support future tokenized asset markets,
deepen integrations with existing ecosystem protocols,
and create broader on-chain financial access for users.

The objective is for THENA to continue operating as a strategically aligned liquidity and financial infrastructure layer within the broader BNB ecosystem.

Proposed Next Steps

Phase 1 — Community Governance Preparation

Prepare the community-facing governance proposal
Finalize treasury framework and strategic positioning
Start the onboarding of the new engineers and operators

Phase 2 — Governance Vote

Submit proposal to veTHE governance
Conduct formal governance process
Publish execution timeline and safeguards

Phase 3 — Treasury Expansion Execution

Execute the treasury mint
Begin strategic operational transition and treasury deployment framework

Phase 4 — THENA 2.0 Roadmap Rollout

Publish expanded ecosystem roadmap with quarterly milestones.
Announce strategic integrations and ecosystem initiatives
Progressively roll out the broader THENA 2.0 vision

Closing Statement

THENA 2.0 is intended to position the protocol for the next phase of DeFi evolution while preserving its existing strengths as a liquidity hub on BNB Chain.

The strategic treasury expansion is designed to provide the operational flexibility and ecosystem resources required to:

strengthen long-term sustainability,
deepen ecosystem integrations,
support broader consumer adoption,
and expand the protocol’s contribution to the BNB Chain ecosystem.

Ravi_M · July 1, 2026, 12:55pm

Dear ThenaFi Team,

As investors and community members, we are deeply concerned about Binance’s decision to delist THE token from Margin and Loan services on July 3, 2026.

This move creates uncertainty, damages liquidity, and shakes the confidence of long‑term supporters who believed in the project’s vision. Many of us have invested our hard‑earned money and trusted the ecosystem to grow — now we feel the pain of seeing our token lose visibility on the world’s largest exchange.

We urge the ThenaFi team to immediately engage with Binance, present updated liquidity and compliance data, and fight for THE’s continued presence. The community stands ready to support, but we need leadership and transparency from the team.

Please understand the investors’ pain and act swiftly — together we can protect THE’s future.

Xermes · July 1, 2026, 12:59pm

Binance had never informed us about placing the token in Margin and Loan services. Hence, it was never an issue on our side.

This has nothing to do with token delisting so I believe you are only worried about a non-existant issue.

Please keep the discussion about the proposal.

Ravi_M · July 1, 2026, 1:34pm

OK understood, i think this is my mistake to took this token in Binance. Thanks for your response.

Trasher · July 1, 2026, 3:32pm

Subject: Demand for Concrete Timeline, Guarantees, and Accountability for Thena 2.0

Hi Thena Team,

Let’s be completely honest: up until now, a lot of what has been presented feels like vague promises written on the fly without any real commitment. The community is tired of reading surface-level roadmaps that lack accountability. If you want the backing of veTHE holders for Thena 2.0, we need concrete guarantees, not just another marketing pitch.

Before this goes anywhere near a governance vote, the community demands immediate clarity on the following three points:

1. A Hard, Non-Negotiable Timeline
We need a precise, quarter-by-quarter (Q3 2026 – Q2 2027) delivery schedule.

Exactly when will the mobile SuperApp go live?
What is the launch date for the RWA modules?
We will no longer support open-ended roadmaps that allow the team to push deadlines indefinitely.

2. Ironclad Execution Guarantees and Transparency
We need formal mechanisms that hold the team accountable. The multi-sig treasury funds must not be spent based on “good faith.”

We demand a public, real-time tracking dashboard for every single dollar or THE token leaving the treasury.
If milestones are missed, there must be a governance mechanism to halt further treasury spending. How will you programmatically guarantee that the community can put the brakes on if you fail to deliver?

3. Direct Value Capture & Security (Lessons from Venus)
We cannot talk about the future without addressing the brutal reality of the past. The Venus Protocol incident back in March proved how costly poor risk management and ecosystem negligence can be for THE holders.

If you are building out new, complex DeFAI and RWA architectures, what specific security audits are locked in to ensure we don’t face another exploit?
Exactly how will the revenue from these new features directly increase the protocol fees paid out to veTHE voters? We need the exact economic model, not vague assumptions.

Stop giving us hype. Give us a binding commitment, a hard timeline, and proof of utility for veTHE holders. Otherwise, do not expect the community to vote “Yes.”

Best regards,
user baned by Community manager warning THE team about Venus

Cuk0x · July 2, 2026, 8:30am

Thank you for sharing THENA 2.0 with the community before the vote. The transparency is genuinely appreciated.

I want to start by saying I support the ambition here. The core diagnosis is correct: an AMM that relies purely on fee sharing is structurally exposed during prolonged contractions, and evolving THENA into a broader financial layer is the right instinct rather than standing still. The RWA and tokenized asset angle in particular is well timed. BNB Chain is currently one of the strongest venues for tokenized equities, and positioning THENA as a liquidity and distribution layer for that flow is, to me, the single most compelling part of this plan.

So this is written in a constructive spirit. I want THENA to win, and I would like to vote yes. Below are the specifics the community needs to do that with conviction, because right now the proposal is strong on vision and light on the guarantees and the concrete product commitments that protect holders and separate this from every other “2.0” narrative.

What I strongly support

Evolving beyond a pure DEX while keeping the ve(3,3) and AMM as the liquidity backbone.
The framing of productive liquidity over vanity TVL. That is exactly the right north star.
Prioritizing RWA and tokenized asset liquidity. Lean into this. It is the part of the thesis most aligned with where the market is actually going.

On the treasury expansion: please make the safeguards concrete and onchain

I can support a well structured mint, but let us be precise about what is being asked. The ~32.61M THE is framed as 10% of the original max supply, which is accurate, but measured against the current circulating float (~133M) it is closer to ~24.5% of circulating supply. That is material, and holders will feel it. The wording “not intended for immediate secondary distribution” and “phased” describes intentions, not commitments. To bridge that gap, could the team commit to the following, ideally onchain and in the final governance proposal:

Vesting and lock: a public vesting schedule for the minted THE (a cliff plus a linear release), ideally locked as veTHE so the treasury is aligned for the long term and any impact is spread over time rather than left to discretion.
Sale policy: a transparent, binding cap on how much can reach the secondary market per period, with advance notice to the community.
Tranches gated by milestones: release the second 5% tranche only after defined, publicly verifiable deliverables from the first. Tie supply to execution.
Treasury transparency: a public treasury dashboard, disclosure of the multisig signer set and threshold, a timelock on large movements, and regular (for example quarterly) spend reporting.
Token value accrual: define how treasury deployment translates into durable value for THE holders, whether through fees, buybacks, or real yield, and not only “ecosystem growth.”

On the team

The “experienced team of builders and operators” is central to this proposal, yet currently unnamed. That is the biggest single trust gap. Could you share who they are (or at minimum a verifiable track record), how they are compensated (from the mint, or separately), and whether they will acquire and lock THE alongside existing holders? Nothing would build confidence faster than the incoming operators taking the same exposure the rest of us carry.

A brief market scan: what comparable protocols are actually shipping in 2026

It helps to anchor this plan against what peer protocols have already delivered, because the bar has moved a long way in the last eighteen months:

PancakeSwap, on our own chain. It retired veCAKE and vote locking entirely, moved to a simplified token with multi source buyback and burn targeting roughly 4% annual deflation, launched Infinity (a v4 style architecture with hooks), shipped an open source AI agent toolkit plus a browser based AI assistant (Pancake Town), and added a no code launchpad (SpringBoard). This is the direct competitor on BNB Chain, and it is executing on tokenomics, hooks, AI and distribution at the same time.
Aerodrome and Velodrome. The dominant ve(3,3) family is merging into a single cross chain DEX (“Aero”), built on concentrated liquidity (Slipstream) with emissions directed to active range liquidity, 100% of fees to voters, and a decaying, community governed emissions schedule. The direction of travel is consolidation and multichain reach, not single chain isolation.
Uniswap. It turned on the fee switch and now routes protocol and appchain revenue into automated buyback and burn. Worth noting honestly: the token reaction was muted, because value accrual without real volume does not rerate a token. The mechanism matters, but so does the volume behind it.
Ramses and Shadow, the ve(3,3) evolution. They replaced the multi year lock with a liquid staked token that holders can exit at any time (“x(3,3)”), where early exit pays a penalty that is redistributed to active stakers, and where dilution protection comes from burns rather than fresh emissions. Shadow reached roughly 33x capital efficiency, around 1B dollars in monthly volume on roughly 30M dollars of TVL, at a scale comparable to THENA. The codebase has already been licensed to other teams, so this path is adoptable, not theoretical.
AI, agents and MCP. MCP has become the standard interface between AI agents and onchain infrastructure. 1inch shipped a first party MCP server, Uniswap and PancakeSwap both shipped open source agent Skills, and BNB Chain launched BNB Agent Studio with AWS on July 1, with agent identity, commerce and payment standards built in. BNB Chain reportedly hosts about one in three onchain AI agents, so this is a real tailwind on our own chain.

Concrete recommendations for improvement

In the spirit of asking for substance over words, here is a prioritized set of improvements I would love to see reflected in the final proposal, each drawn from what is already working elsewhere. A sequenced roadmap with owners, KPIs and timelines against these points would do more for confidence than any amount of vision language.

1. Modernize the token model, not just the AMM. The V3,3 upgrade modernized the AMM well (modular pools, dynamic fees, unified gauges, automated voting), but the token model is still classic ve(3,3): a locked veNFT of up to two years plus a 30% inflationary rebase. That is precisely the design the market has spent two years moving away from, to the point that PancakeSwap deleted vote locking outright. I would strongly encourage evaluating an x(3,3) style upgrade: a liquid staked token that can be exited at any time, a redistributive rebase funded by exit penalties instead of new emissions, and a decaying, fee anchored emissions schedule. Please also be honest with the community about the limits. Even the upgraded leaders saw large token drawdowns, so this fixes lock illiquidity and inflation, but only real fee volume makes it matter.

2. Finish the concentrated liquidity transition and lean into hooks. Direct emissions to active range liquidity, the Slipstream approach, so incentives fund productive liquidity rather than idle TVL, and use the plugin architecture to compete with PancakeSwap Infinity on dynamic fees, limit style orders and custom pool logic. Concentrated liquidity is table stakes for 2026, not a differentiator.

3. Give THE a direct claim on cash flow. Commit a defined share of protocol fees, spot and perps, to automated THE buyback and burn, in the spirit of the Uniswap and PancakeSwap models. Pair it explicitly with a plan to grow real volume, because the clearest lesson from Uniswap is that buybacks without volume do not move the token.

4. Make the AI, agents and MCP strategy first party and concrete. This is where PancakeSwap is clearly ahead. THENA already has motion here through partners but it reads as scattered and partner badged rather than owned. I would like to see a coherent, first party plan: an MCP server that exposes THENA pools, routing, gauges and veTHE data to any agent; an open source agent Skills toolkit and a consumer AI assistant in the style of Pancake Town, using a plan then human confirm flow; and one genuinely THENA native feature, AI assisted veTHE vote and bribe optimization, which solves a real pain point for holders. Plugging into BNB Agent Studio, including the identity, commerce and payment standards and agent payment rails such as x402, would place THENA inside the fastest growing agent ecosystem on its own chain. I would defer fully autonomous, custodial trading agents until the read, plan and deep link layer is proven, given the security and hallucination risks the sector has shown this year.

5. Diversify the fee base beyond spot swaps. Perps at their current volume are not a meaningful revenue stream. Either commit to making them competitive with a clear liquidity plan, or add a complementary fee engine, for example a native stable or lending layer in the spirit of Curve, so the token captures more than swap fees. A broader vision needs more than one source of real revenue behind it.

6. Design for multiple chains, with BNB as home base. The sector is consolidating toward cross chain liquidity hubs, and the Aero merger is the clearest signal of that, while single chain isolation is being punished. BNB Chain is the right anchor and today’s leader in tokenized equities, but I would encourage designing THENA 2.0 as chain agnostic infrastructure with an explicit path to deploy liquidity and RWA distribution wherever the assets and users are. That reframes THENA from a single chain DEX into a cross chain liquidity layer, and it is exactly the kind of upside that justifies a raise of this size.

On uncertainty and downside

Given the current market, please build in reversibility: governance checkpoints between tranches, the ability to pause deployment if conditions deteriorate, and a clear plan for deepening real, manipulation resistant liquidity. Recent events across DeFi have shown how thin order books get exploited, and market integrity is foundational to everything else here. Planning openly for the bad case is what earns long term trust.

Closing

To be clear, I am supportive of the direction and I want to back it. Give the community the concrete framework: named and credible operators, onchain vesting and sale caps, tranches gated by milestones, an explicit value accrual mechanism for THE, a modernized token model, a first party AI and MCP plan, a diversified fee base, and a multichain path. Do that, with a sequenced roadmap and real KPIs, and I think you will convert a lot of understandably cautious holders into confident yes votes.

The technology has moved on, the competition on our own chain is executing quickly, and the future is uncertain, so the strongest version of THENA 2.0 is one that upgrades the engine and proves the numbers, not only the narrative. Looking forward to the detailed governance proposal, and thanks again to the team for the work and for opening this up before the vote.

Theseus · July 6, 2026, 12:26pm

Thank you for taking the time to write a detailed response. and many of the points you raise are valid points.

On why we’ve reached this point:

Due to our inherent business model, which redistributes all revenue to veTHE holders, we have faced a substantial challenge in maintaining sufficient resources over the past year.

THENA was designed around a model that returns virtually all protocol revenue back to veTHE holders and theNFT holders. While this creates strong alignment during growth cycles, it also means that during prolonged market contractions the protocol has very limited ability to build a meaningful treasury capable of funding product development, growth initiatives, and long-term operations.

That structural constraint is one of the primary reasons why some roadmap initiatives have taken significantly longer than originally anticipated to the point where we had to drastically reduce our burn rate.

The objective of this proposal is precisely the step 1 to solve that problem by giving THENA the resources required to execute consistently over the long term, rather than continuing to operate quarter-to-quarter. A rethink of THENA’s tokenomics should also come in consideration as we open up new revenue streams.

On a hard, non-negotiable roadmap

We completely understand the desire for certainty.
However, committing to fixed launch dates months in advance is unfortunately not how responsible software development works, particularly when building products that involve smart contracts, infrastructure integrations, third-party partners, security reviews, and regulatory considerations.

We’ve learned from experience that promising hard dates often creates the opposite outcome: teams either ship before a product is ready or inevitably miss publicly committed deadlines.

Our preference is to communicate clear priorities, development milestones, and regular progress updates rather than publish dates we cannot responsibly guarantee. We believe that is ultimately a more honest approach for the community and leads to better expectation management.

That being said, we are working on a full roadmap for the next 2 quarters which will unveil our development priorities and provide clear direction into our product development and tokenomics overhaul.

On treasury transparency

We agree with the underlying objective: the community should have visibility into how treasury resources are being deployed.

A real-time dashboard tracking every operational expense sounds attractive in theory, but in practice it creates significant operational overhead and isn’t always meaningful. Many expenditures involve off-chain payments, contractors, service providers, market-making arrangements, infrastructure costs, and other operational expenses that cannot realistically be represented in real time on-chain.

That said, we do believe we can materially improve transparency.

A more realistic framework would include:

Monthly treasury reports summarizing spending by category (development, infrastructure, marketing, liquidity initiatives, operations, etc.).
Advance notice (for example, 48 hours) before significant treasury movements off-chain, such as market-making funding or major ecosystem initiatives.
Periodic treasury and operational updates so the community can clearly understand how capital is being allocated and what progress has been achieved.

These measures provide meaningful transparency while remaining practical to operate.

Finally, regarding value accrual for veTHE holders or its underlying tokenomcs, this proposal intentionally focuses on establishing the strategic direction and the resources required to execute it.

The detailed economic models for individual product lines, value capture mechanisms, and revenue distribution are expected to accompany each major product roll out, allowing governance to evaluate concrete implementations rather than assumptions.

Xermes · July 7, 2026, 8:36am

Xermes · July 15, 2026, 1:20pm

THENA · July 15, 2026, 4:04pm

Voting for proposal has now started and it will last for 5 days.

https://snapshot.org/#/s:thenafi.eth/proposal/0x1a9fff9bbc1c5aab8e7b9737cc198e3c81d04da1526add1b1572f17f15b8edec

THENA · July 22, 2026, 6:30am