THENA is entering a new chapter.
Today, we’re introducing The ARK Initiative - a proposed update to fee distribution, emission allocation, and protocol resource framework, designed to strengthen THENA’s foundation and create more capacity for growth.
As part of this transition, we’ve revisited how to fund the next stage of THENA 2.0. After further review, we have decided not to proceed with the previously approved additional 10% mint of $THE at this stage.
Work to grow protocol revenue and TVL is already underway. If ARK is approved, the proposed changes will give us greater capacity to accelerate those efforts, with the first tangible results expected in the near future.
ARK now enters a community discussion period, giving everyone time to review the details, ask questions and share their views before the proposal moves to a governance vote.
https://forum.thena.fi/t/the3-ark-initiative-protocol-economics-restructuring-discussion/571
https://x.com/thenafi_/status/2085705109405659388
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