Introducing the first #Aptos native over-collateralized stablecoin $MOD built by @ThalaLabs with CDP and other modules designed to scale $MOD across the broader Aptos ecosystem

Below is a thread of Thala's matrix, accomplishments, and where they're headed

👇

1/ Thala is a DeFi protocol native to the #Aptos blockchain. The protocol revolves around two key products: Move Dollar ( $MOD ) and Thala Swap.

2/ $MOD is an over-collateralized, yield-bearing stablecoin backed by a basket of both native and multi-chain collateral assets including liquid-staked derivatives, liquidity pool tokens, deposit receipt tokens, and RWAs which ensure its decentralized, censorship-resistant nature

3/ Thala's protocol parameters (borrow ratio, redeem, liquidation process) aim for $MOD to remain over-collateralized at all times, with additional levers ensuring a robust $1 peg, like $DAI powered by @MakerDAO, which is now the most decentralized stablecoin on Ethereum

4/ Thala Swap is an AMM that enables dynamic pool weightings.

Thala AMM takes inspiration and iterates on the @Balancer and @CurveFinance models

ThalaSwap supports weighted pools, stable pools, and liquidity bootstrapping pools

5/ Given enough liquidity, key liquidity pool tokens such as $APT-$MOD, $MOD-$USDC, and $THL-$MOD, can be used as a collateral type in the CDP if approved through governance, opening up strategies that allow users to leverage their position and earn a higher yield

6/ Thala Swap not only aims to become the core liquidity hub of #Aptos, but to also bolster $MOD’s use-case and yield opportunities

https://thalalabs.medium.com/thalaswap-the-liquidity-hub-of-aptos-1286baa1e6e4

7/ Thala's testnet is now live and you could give it a shot with the two core products aforementioned👇

https://twitter.com/ThalaLabs/status/1629259906686795776

8/ During the testnet event, Thala's unique users have reached 25k+, with an average DAU at around 6k-9k and other pumping stats such as 209K+ Total Txs testing the product robustness

https://app.sentio.xyz/thala-labs/thala/dashboards/EFfCStTy

9/ Built on top of ThalaSwap, ThalaLaunch leverages a special pool type called Liquidity Bootstrapping Pools (LBPs). LBPs are a pool type that automatically changes the weights of pooled assets to produce a more equitable distribution for projects to kickstart their communities

9/ Besides LBPs, ThalaLaunch has an extensive roadmap that will allow teams even more flexibility in bringing their projects to market with ideas including Batch Auctions, Randomized Distribution, Airdrop Tools, etc

https://thalalabs.medium.com/introducing-thalalaunch-d0cecd6ffef5

10/ In Oct 2022, @ThalaLabs raised a $6M seed round co-led by @shimacapital, @paraficapital, and @WhiteStarCap to build DeFi Suite on #Aptos, which has been so far one of the biggest deal sizes amongst web3 startups on Aptos

https://www.theblock.co/post/177279/parafi-backs-thala-labs-6-million-raise-to-build-defi-stack-on-aptos-exclusive

11/ Fun fact that Co-Founder @adamcader_ was prev. Investments @paraficapital might be reasonable for ParaFi leading Thala's seed round

CTO @_0xbe1, prev. @MessariCrypto @twitter @google @amazon has been dedicated to GitHub contributions

12/ Other founding contributors and advisors have both crypto-native and traditional tech backgrounds from @MakerDAO, ParaFi Capital, @NEARProtocol, Twitter, Apple, Google, and Amazon

13/ Other backers: double audited by @osec_io and @zellic_io, primary oracles: @PythNetwork and @switchboardxyz, all of above are Top-notch players in according sectors

14/ Upcoming Keyword: RWAs

Thala has been working on integrating credit, treasury bills, real estate debt kits, and blue-chip stocks as collateral to diversify use cases upon $MOD, including partners: Credix, @Cetrifuge, and @goldfinch

More details in CN

https://twitter.com/sal_hotpot666/status/1630412504831766528

15/ For more details about Thala's first LBP, $THL launch, and unpublished roadmap, plz follow @ThalaLabs

If you are also interested in #Move native projects, feel free to RT, like, comment, and discuss with me! Massive thanks for all kinds of support!

A short Recap of the recent performance of @abelfinance, one of the Top 2 lending protocols on #Aptos that referenced the implementation of CompoundV2 and AAVE

Let's dive in👇
1. TVL growth
2. $Abel stats
3. Other metrics

https://twitter.com/abelfinance/status/1627456529908617218

1/ @abelfinance is the First Cross-Chain Lending Platform Build on #Aptos and #Sui, which serves as a DeFi infra for #Aptos ecosystem, accruing liquidity for legos built on top

2/ @abelfinance TVL has surged 100x from $18k to ATH $1.78M within Jan, while $APT was pumping, once outperformed other competitors and won the 1st place in the lending category on #Aptos

3/ Now it contains $721K TVL and settles in the Top 2 position with an unknown 20% drop during 7D

4/ Total Supply is at $1.27M, where the usage ratio is 50% on average

Top 3 popular assets are $ceUSDT, $APT, $ALT

5/ On @abelfinance, users can now supply coins like $ceUSDT $ABEL $CAKE $APT $USDT $USDC to earn high APY, up to 109.07%, where a certain amount of $ABEL emission rewards are also included

$ceUSDT is running juicy

6/ Despite $ABEL rewards for borrowers, the cost of borrowing $ceUSDT $ABEL $CAKE ranges from 24% to 78%, which shows high market demand

7/ @abelfinance completed its IDO on Dec 8, distributing $ABEL tokens at a price range of 0.02-0.06 $APT, equal to ~ $0.1 - $0.24

8/ Then $ABEL was listed on CEX @BitMartExchange @DigiFinex, both of which share half of the trading volume.

$ABEL climbed to ATH $0.3 in late Jan, but declined steadily until now, almost breaking the bottom IDO price at $0.1

9/ @abelfinance is at a very early stage where lots of visions are ahead on the roadmap, such as LP lending, NFT lending, cross-chain lending, and DAO voting with $ABEL

Hopefully, more solid usage would cover the emission cost maintaining the MC above $1.1M and FDV above $11M

You can read the unrolled version of this thread here: https://typefully.com/0xChok/4Pg2QLQ

Recap of ABEL Finance on Aptos

總結一下 $APT 這波一個月6倍的「四個主要原因」

What caused the 6x surge in $APT over the past month?

4 reasons that sent it soaring:
👇

1/ 原因1：主網發布於熊市末尾

當 #Aptos 主網於 2022.10.17日上線時，依然處於熊市中，BTC 價格為 $19,300； 當時Aptos吸引了超過 30,000 個應用程序到其激勵性測試網； Aptos 在社交媒體上也有數十萬粉絲，超過 100 個團隊在其上構建 dApp（現在超過 200 個），這是一個非常龐大的全新的生態系統

2/ 強烈的興趣和看跌的市場的結合，使 Aptos 擁有巨大的被壓抑的需求，一旦總體市場情緒變得更加積極，APT 就成為每個人都想購買的首批代幣之一，另外當時市場上可選的標的也並不多

這與 2021 年夏季 發生在 $SOL 上的情況類似，當時市場正在從BTC 的暴跌($60k-$30k)中恢復

3/ 原因2： Aptos x PancakeSwap

1月6日，@PancakeSwap 宣布社區投票決定在 Aptos 上部署，它還透露了一項計劃，將BNB Chain的項目都吸引到 Aptos

1月11日，宣布它佔據了 Aptos 上的大部分 TVL，從那時起，$APT 的價格開始以更快的速度上漲

4/ 此外， Aptos 上眾多DeFi項目為 $APT 創造了很多有機需求，包括 @PontemNetwork LiquidSwap，流動性質押協議 @Ditto_Finance，@TortugaFinance, 借貸協議 @AriesMarkets，@abelfinance，槓桿交易 @TsunamiFinance_ ，聚合器 @hippolabs__ ，集中流動性協議 @CetusProtocol

5/ 原因3：空頭清算

當 $APT 上漲至前高10美金附近，大量交易員認為 $APT不能有效突破，紛紛開出空單，但是，來自韓國的購買量仍然很高，做空者被迫緊急購買 APT，回補他們的空頭頭寸，或者看到他們的止損被觸及（在這種情況下，APT 將以市場價格自動購買）， 兩者都會產生更大的購買力，導致價格走高

6/ CoinGlass 數據顯示， $APT 上的大量空頭清算（僅 1月20 日就有 1400 萬美元）

7/ 當時一位著名交易員 @HsakaTrades 指出，一家大型实体正在做空 AP​​T，从 7 美元一路上涨并被清算，这在一定程度上推动了涨势

https://twitter.com/HsakaTrades/status/1616690514329223170

8/ 原因4：Aptos NFTs

一些媒體將對 Aptos NFT 的興趣激增，列為 APT 價格上漲的原因之一；Aptos 上最大的 NFT 市場 @TopazMarket 報告說，一旦 APT 的價格已經超過 10 美元，NFT 交易量就會大幅增加，特別是 @AptosMonkeys 的交易量在 24 小時內增長了 2,500% ，@bruh_bears 的交易量增長了 3,200%

9/ $APT 還有多少上漲空間？

展望未來，Aptos 作為熊市中推出的高性能 L1，無疑具有巨大的潛力，其龐大的 DeFi 生態系統可能成為下一個市場週期的主要增長動力


10/ 我們可以再次將 #Aptos 與 2021 年“Solana Summer”相提並論，當時Solana DeFi TVL 從 3 月份的 1.4 億美元增至 12 月份的 134 億美元，近 96 倍，這使 Solana 成為僅次於以太坊的第二大生態系統，在同一時期，SOL 的價格從 0.65 美元上漲近 400 倍至 250 美元



11/ 在Solana推出後的頭幾個月，Solana  TVL 逐漸增加，隨後出現爆炸式增長，我們可以在 Aptos TVL 圖表中看到類似的緩慢積累

12/ 與 Solana 相比，Aptos 更具有技術優勢， 除了速度更快之外，由於使用了 Move 語言，Move VM 和一種新穎的 BFT 共識形式，它更加穩定且安全， 不會遭受中斷（這給 Solana 的 DeFi 用戶造成了損失和嚴重的價格暴跌），因此 Aptos DeFi TVL 理論上具有更大的增長潛力

13/ Vitalik 認為人們應該繼續構建，而不是關注加密貨幣價格

就 Aptos 而言，生態系統正在穩步發展，無論市場狀況如何，團隊都在不斷建設，這對未來來說是個好兆頭

我將持續向您更新 $APT，DeFi，NFT 和所有關於 #Aptos 的信息，關注我，這樣您就不會錯過任何帖子，歡迎RT+點讚我的第一條推文！


You can read the unrolled version of this thread here: https://typefully.com/0x1Charles/s3WfWqX

🧵 Thread

Recap of ABEL Finance on Aptos

總結一下 $APT 這波一個月6倍的「四個主要原因」