# ䷐ Thala Lab on Testnet | Possible Airdrop 

By [crazyDrops☄ ](https://paragraph.com/@crazydrops) · 2023-02-26

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![](https://storage.googleapis.com/papyrus_images/8d5cd863728b35607febb73f38fba8bcbf30b1f137ca500a2167399943f40b77.webp)

*   **What is ThalaLab ?**
    

![](https://storage.googleapis.com/papyrus_images/6c04dff8c1429b400e11ed691a4c6edf709490e3a02360867bfc171fad1d1048.webp)

Thala is a DeFi protocol that Building $MOD, a decentralized, yield-bearing stablecoin and the liquidity provisioning layer on Aptos Blockchain, and offers several key products, including the stablecoin Move Dollar ($MOD), Thala Swap AMM, and Launchpad.

⏤ StableCoin

$MOB backed by a basket of on-chain assets, including liquid staked derivatives, liquidity pool tokens, deposit receipt tokens, and real-world assets (RWAs). The $MOB is over-collateralized and yield-bearing, offering both stability and profitability to its users

⏤ Thala Swap

Thalaswap is a Automated Market Maker (AMM) and The dex offers three different pool types (weighted, stable, and liquidity bootstrapping) enable deep liquidity for Thala’s stablecoin, Move Dollar (MOD), across the Aptos ecosystem

⏤Thala Launch

Thala Launchpad provides a accessible way for new projects to create and issue their tokens. They can leverage the liquidity pool and community support provided by Thala to get their project off the ground.

**• Funding**

Thala Labs has raised $6 million in a seed round led by [@shimacapital](http://twitter.com/shimacapital), [@WhiteStarCap](http://twitter.com/WhiteStarCap) and [@paraficapital](http://twitter.com/paraficapital) …

![](https://storage.googleapis.com/papyrus_images/fd80d7824035510f8d2f58ae41fa6f670a6bee3756f0522ebe0d18b4720fa0f2.webp)

**• Tokenomics**

On Docs there is 35% $THL for Community for incentivize CDP (Stability Pool) and AMM

![](https://storage.googleapis.com/papyrus_images/21c88fe976bde8f25c424cf30f09e301e96ebb55d07a96ee0eacc9311b4e92bc.webp)

⎘ “Less $THL Airdrop Chances but who know ?🪂 ”

**• What to Do ?**

⏤ Connect your aptos wallet(patra) to app app.thala.fi

⏤ Claim Faucet

![](https://storage.googleapis.com/papyrus_images/99024cac0a9472a1db8c436403770f6d3e1ad700ad26a33a8524bf4476b0d928.webp)

⏤ Mint $MOD with claimed faucet

![](https://storage.googleapis.com/papyrus_images/db5e17ee7fa800279b6a3fc6855c21263112de2d2a17d2743b737898a4df375c.webp)

⏤ Deposit a portion of your minted $MOD into stability pool

![](https://storage.googleapis.com/papyrus_images/325a325534d66cea9f53554a6a570fb52548ccc366e40b344910e5ead6e7bc52.webp)

⏤ Add liquidity to USDC/MOD pool. Stake it to earn Test $APT Reward

![](https://storage.googleapis.com/papyrus_images/e4eac5347eaedf8f2fcbfd61258833ea643ab3dff61980eb35ef9250d766473d.webp)

⏤ Swap MOD to USDC using ThalaSwap.

![](https://storage.googleapis.com/papyrus_images/3450e09dd3b59b5b18a7b69626caefda25716ee6f1375e1818b08635d89dee67.webp)

Step to step Guide : [https://thalalabs.medium.com/thala-testnet-guide-c5ac0ca3fbf7](https://thalalabs.medium.com/thala-testnet-guide-c5ac0ca3fbf7)

**• Claim Thala Labs Testnet Campaign NFT**

⎘ “After completing above task it’s takes ~24 horse to update on Galxe, so check back soon….”

Claim Link : [https://galxe.com/ThalaLabs/campaign/GCyJCU4uyS](https://galxe.com/ThalaLabs/campaign/GCyJCU4uyS)

Collect it free🤝

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䷐ Follow [CrazyDrops](https://twitter.com/Crazy_Drops) to never miss next #Alpha and #Airdrop

⼻Subscribe on Mirror for step to step guide [https://mirror.xyz/crazydrops.eth](https://mirror.xyz/crazydrops.eth)

⚓︎ Follow me on #Lens I will share some update here [https://lenster.xyz/u/crazydrops.lens](https://lenster.xyz/u/crazydrops.lens)

⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤

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*Originally published on [crazyDrops☄ ](https://paragraph.com/@crazydrops/thala-lab-on-testnet-possible-airdrop)*