As a seasoned crypto investor with over a decade of experience in this dynamic industry, I find the recent investment by Binance Labs into THENA truly promising. Having closely followed Binance Labs’ strategic moves, their focus on supporting early-stage Web3 projects is well-known and respected within our community.
The fact that they have chosen to invest in THENA, a decentralized exchange (DEX) and liquidity protocol built on the BNB Chain, speaks volumes about the potential this project holds. The ve(3,3) tokenomics model, coupled with a focus on security, scalability, and user experience, makes THENA an attractive proposition for DeFi adoption and growth.
Investment Director at Binance Labs, Alex Odagiu, has expressed confidence in THENA’s potential to contribute significantly to the ecosystem development. As a fellow investor, I share his sentiments and am excited about THENA’s journey towards becoming a key platform in DeFi.
It’s also worth noting that Binance Labs’ recent investments in projects like Usual and Astherus demonstrate their commitment to bolster the DeFi space and foster development of innovative projects. I can’t wait to see what THENA will bring to the table next!
Lastly, as they say in crypto circles, “Buy the rumor, sell the news.” But in this case, I think I’ll hold onto my THENA tokens and wait for the moon! After all, even Satoshi can’t resist a good joke: “Why don’t we ever tell secrets on the blockchain? Because it always comes back to haunt you!
Binance Labs provides funding for THENA, aiming to boost its decentralized finance expansion on the BNB Chain. The investment prioritizes improving liquidity, ensuring security, and enhancing scalability.
Binance Labs, a well-known venture capital firm specializing in Web3 projects, has recently invested in THENA, a decentralized exchange (DEX) and liquidity protocol developed on BNB Chain. This news was announced via the official Binance Labs X account.
Introduced in January 2023, the THENA platform operates under the ve(3,3) tokenomics model. The primary objective of this platform is to establish a liquidity layer that incorporates the top attributes of leading DeFi protocols, emphasizing security, scalability, and user-friendly experiences. By prioritizing these values, THENA aspires to foster increased adoption of DeFi, empower its users, and construct an open, collaborative environment.
With the funds from this investment, THENA plans to accelerate its platform development. A portion of these funds will be allocated for enhancing security measures, increasing user base, and fortifying collaborations within the BNB Chain ecosystem. Additionally, these resources will support ongoing advancements in decentralized finance (DeFi).
Binance Labs Backs THENA for Next-Gen DeFi Development
Alex Odagiu, as Investment Director at Binance Labs, voiced optimism towards THENA. Binance Labs aims to invest in projects that have substantial use cases and contribute significantly to ecosystem development, as stated by Odagiu. He believes THENA’s unique approach to liquidity and user experience will propel the platform to facilitate the next wave of growth in DeFi. Furthermore, Binance Labs is eager to assist THENA in its mission to emerge as a crucial platform for onboarding more users into the Decentralized Finance (DeFi) space, according to Odagiu.
In his role as CEO and co-founder of THENA, Theseus voiced his appreciation for the partnership. He believes that Binance Labs’ knowledge in Web 3 and their investments in thriving DeFi projects will help THENA gain a worldwide following. Moreover, Theseus expressed his enthusiasm about this collaboration and hinted at revealing more details soon.
Lately, Binance Labs has been actively pouring funds into various ventures. They recently invested $10 million in Usual, a groundbreaking project within the stablecoin sector, together with Kraken Ventures. The goal is to merge real-world assets (RWAs), Decentralized Finance (DeFi), and a community-driven approach.
Astherus, a versatile platform for managing liquidity across various digital assets, received an investment from Binance Labs in November. The goal of this platform is to optimize the earning potential of cryptocurrencies. This move signifies Binance Labs’ dedication to strengthening the Decentralized Finance (DeFi) sector and encouraging the growth of innovative projects.
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2025-01-01 22:52