Overview of Thala Labs (MOD, THL) – All-in-one Protocol off Aptos Ecosystem - Thala Labs is decentralized finance (DeFi) protocol native to the Aptos blockchain.

    What is Thala Labs?

    Built on top of Aptos, Thala Labs is a new protocol for the crypto market. With the ambition to bring new experiences to users, Thala Labs has integrated almost all that a protocol needs to provide the smoothest experience. Thala has 2 tokens that users need to pay attention to: MOD and THL.


    MOD (Move Dollar) is the main stablecoin of Thala Labs that is always pegged at 1 USD, minted when users mortgage assets to the Thala platform. MOD is used to transact, facilitate, and interact with various other DeFi protocols in the ecosystem, while acting as a store of value, a medium of exchange, and a unit of account. 

    MOD is an over-collateralized, yield-bearing stablecoin backed by a basket of on-chain assets. Its diverse collateral base of liquid staked derivatives, liquidity pool tokens, deposit receipt tokens, and RWAs ensures its decentralized, censorship-resistant nature without compromising capital efficiency.  


    THL is Thala’s governance token which will be required to vote and decide on the outcome of proposals through Thala Improvement Proposals (TIPs). This is one of signs showing that Thala will transition to a Decentralized Autonomous Organization (DAO) model once necessary governance frameworks are in place.

    THL token

    Key metrics

    • Token name: Thala Labs
    • Ticker: THL
    • Blockchain: Aptos
    • Total supply: 100,000,000


    With a total supply of 100,000,000 tokens, the token distribution is designed to ensure that active users of the protocol earn THL tokens.

    Contributors & Advisors (20%): 20,000,000 THL is allocated to the current and future core contributors, community contributors, and advisors of the Thala protocol.

    Investors (20%): 20,000,000 THL is allocated to Thala’s investors who supported the protocol in its infancy. This includes Thala’s recent seed round and future raises.

    Treasury (15%): 15,000,000 THL is allocated to the reserves for future treasury swaps and other key actions necessary for the protocol’s success, dictated by governance. 20% is unlocked from TGE, with a linear vesting schedule of 5 years. 

    Community (35%): 35,000,000 THL is allocated to incentivize usage of the CDP and AMM, among other future products.

    Token Generation Event (10%): 10,000,000 THL will be available as part of the genesis circulating supply. 

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