Thala: The THL emission in all subsequent liquidity pools will be reduced by 50%

2024-03-14 13:42:44

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ChainCatcher news, according to official sources, the Aptos ecosystem stablecoin protocol Thala announced that it will adjust the emissions of THL, reducing the THL emission by 50% in all subsequent epochs to maintain long-term healthy development.

Thala stated that THL emissions are the cornerstone of the Thala protocol, promoting the growth of liquidity providers (LP) earnings and helping the protocol's development. Reducing the THL token emissions by half is aimed at ensuring the long-term healthy development of the protocol. For LPs, as the price of THL rises, the actual yield for liquidity providers (LPs) has not changed significantly, still earning considerable THL emissions by providing liquidity. Reducing THL emissions can significantly lower inflation and may reduce the growth of circulating supply.

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