Add an Isolated lending market for $THE on Venus & to scale a $XVS-$ankrBNB liquidity pool on THENA

Introduction

This vote is issued in response to the Thena.fi proposal that presented a plan to start a long term relationship between Venus and THENA. The proposal is notably structured with the involvement of ANKR, one of THENA’s key partners and stakeholder, to strengthen the mutual value creation between Venus and THENA.

Proposal overview

1. Listing of $THE in Venus

$THE to be listed in the DeFi isolated market of Venus THENA to provide $10k worth of $THE tokens to be emitted over 1 month to help other project in the DeFi market seeding the markets 2. To scale $XVS-$ankrBNB liquidity pool on THENA

THENA to open a $XVS-$ankrBNB Concentrated Liquidity pool with automated liquidity management by Gamma Strategies. Venus to deposit weekly bribes in THENA over a 6 weeks period (bribing amount subject to the governance voting result). ANKR to support Venus’ bribing effort with a $1k bribe deposit per week.

Background

THENA is DEX that was designed to be a “protocol for protocols”, with tokenomics carefully designed to enable a capital efficient, open and permissionless liquidity layer that any protocols can branch into to incentivize their liquidity.

On the tech side of things, THENA offers a wide range of pools that corners any type needs, including Stable pools, Univ2 pool and user-friendly Concentrated Liquidity Pools.

Please see the link below for the complete proposal and details.