# ䷐ Thala Lab on Testnet | Possible Airdrop 

**Published by:** [crazyDrops☄ ](https://paragraph.com/@crazydrops/)
**Published on:** 2023-02-26
**URL:** https://paragraph.com/@crazydrops/thala-lab-on-testnet-possible-airdrop

## Content

What is ThalaLab ?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, @WhiteStarCap and @paraficapital …• Tokenomics On Docs there is 35% $THL for Community for incentivize CDP (Stability Pool) and AMM⎘ “Less $THL Airdrop Chances but who know ?🪂 ” • What to Do ? ⏤ Connect your aptos wallet(patra) to app app.thala.fi ⏤ Claim Faucet⏤ Mint $MOD with claimed faucet⏤ Deposit a portion of your minted $MOD into stability pool⏤ Add liquidity to USDC/MOD pool. Stake it to earn Test $APT Reward⏤ Swap MOD to USDC using ThalaSwap.Step to step Guide : 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 Collect it free🤝 ⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤ ䷐ Follow CrazyDrops to never miss next #Alpha and #Airdrop ⼻Subscribe on Mirror for step to step guide https://mirror.xyz/crazydrops.eth ⚓︎ Follow me on #Lens I will share some update here https://lenster.xyz/u/crazydrops.lens ⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤⏤

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