Thena (THE)
Unlock Schedule
Thena (THE) Token Unlock & Vesting Schedule
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
THE, veTHE, and weekly voting
THE is the platform’s BEP-20 utility token. Thena distributes it as an incentive to bring assets into selected pools. Holders can lock THE for up to two years and receive a vote-escrowed position called veTHE. A longer lock gives more voting power, which falls as the lock approaches its end unless the position is extended. veTHE positions take the form of transferable NFTs. (docs.thena.fi)
Voting takes place in weekly rounds. A veTHE holder chooses gauges—the contracts that direct THE rewards to particular pools. Partner projects can add voting incentives to attract support for pools containing their tokens. Voters may receive fees from the pools they support, along with any incentives attached to those gauges. This connects a holder’s vote to the trading activity of the chosen pool. Thena also provides an optional Chainlink-powered tool to automate recurring voting tasks. (docs.thena.fi)
Thena’s published initial distribution set aside portions for protocol and user airdrops, early theNFT minters, an ecosystem fund, the team, and launch liquidity. Its emissions schedule began with weekly THE rewards that decline by 1% each week. The schedule assigns portions of those rewards to liquidity providers, locked-token positions, and a developer wallet. A separate NFT collection, theNFT, gives its holders access to a share of swap fees; it serves a different role from veTHE governance positions. (docs.thena.fi)
Assumptions
THENA began with 50 million THE for airdrops, the team, an ecosystem fund and launch liquidity; it later minted 25 million more, including a documented 21.75 million Binance airdrop budget. Weekly emissions fund liquidity-provider rewards, veTHE rebases and the developer wallet, but treasury payments and the eventual release of locked positions lack complete dates. The chart can show the dated launch and THE1 events and an estimated, incomplete picture of weekly issuance. Its historical and current supply cannot yet be fully reconciled to a verified October 1, 2026 contract balance and burn total.
- Launch airdrop to users — 25% of initial supply: Releases depend on recipients claiming tokens or on grants being awarded.
- theNFT minter airdrop — 9% of initial supply: Releases depend on recipients claiming tokens or on grants being awarded.
- Initial ecosystem grant fund — 25% of initial supply: Releases depend on future governance or treasury decisions.
- Initial team allocation — 18% of initial supply: The sources give the amount but no release dates.
- Initial team allocation — 18% of initial supply: Releases depend on recipients claiming tokens or on grants being awarded.
- Weekly protocol emissions for LPs, veTHE rebases and developer wallet: Emission continues with no published future rate or end date.
- Weekly protocol emissions for LPs, veTHE rebases and developer wallet: Releases depend on recipients claiming tokens or on grants being awarded.
- THE1 additional mint for ecosystem expansion: The sources give the amount but no release dates.
- 1. https://docs.thena.fi/thena/the-tokenomics/initial-supply-and-emissions-schedule
- 2. https://medium.com/@ThenaFi/the-launch-of-thena-6a489da681c5
- 3. https://medium.com/@ThenaFi/the-tokenomics-5336e48ed857
- 4. https://docs.thena.fi/thena/the-tokenomics/tokens-the-vethe-thenft
- 5. https://forum.thena.fi/t/the1-proposal-to-mint-additional-tokens-to-strengthen-ecosystem-growth/27
- 6. https://bscscan.com/tx/0x22faffff7476f2ea87d5fa3f7815052125cd38aa111d9b1ae67127ce53ec8a85
- 7. https://forum.thena.fi/t/the2-thena-2-0-strategic-treasury-expansion-ecosystem-evolution/543
- 8. https://www.binance.com/en/support/announcement/detail/7c06e61804694408b3401e0a380f954f
- 9. https://www.binance.com/uk-UA/research/projects/thena
- 10. https://bscscan.com/token/0xf4c8e32eadec4bfe97e0f595add0f4450a863a11
- 11. https://community.venus.io/t/the-listing-on-bnb-core-pool/4835
- 12. https://www.tokendossier.com/tokens/DeFi/THE
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.
Not yet scheduled: 21,500,000 tokens of its parts have no release date yet. The chart shows them as TBD from today, not as unlocked.
Estimated from the last observation onward: about 101,181 per day (3,079,705 per month), the rate between the observations of 1 October 2024 and 12 August 2026.
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.
Description
#1263
Thena is a protocol that leverages a hybrid AMM model and a novel ve (3,3) tokenomics to create a native liquidity layer on BNB chain. Thena defi enables users to swap tokens with low slippage, stake THE tokens for rewards, and vote for pool emissions.
| Sector: | DEX |
| Blockchain: | BNB |