# Thala Labs Airdrop Strategy 🎯

By [DriftMoon](https://paragraph.com/@driftmoon) · 2023-03-12

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Thala Labs is a new organization focused on deploying DeFi products on Aptos, a new blockchain Thala is a liquidity provisioning protocol that enables the borrowing of [$MOD](https://twitter.com/search?q=%24MOD&src=cashtag_click) (Thala stablecoin) – a decentralized, over-collateralized stablecoin built for Move.

**Thala Labs has raised a total of $6M in funding. They confirmed, token but not any more info so there is still time to be early**

![Thala Labs has raised a total of $6M in funding](https://storage.googleapis.com/papyrus_images/8841fd924d6bd26485ba59f704dc0f086a3dfbdf8fe44c5c5e3b7b6faa1e1d4c.jpg)

Thala Labs has raised a total of $6M in funding

**Here is how we can interact with Thala**👇

🔸They run a Campaign on [galxe](https://galxe.com/). once you’ve completed the tasks required, you’ll have the chance to mint Thala’s special OAT NFT!

**What Needed:**

*   doing all Galxe tasks ( socials + testnet on Aptos )
    
*   claim the NFT
    

![They run a Campaign on galxe](https://storage.googleapis.com/papyrus_images/63c1a08f7aa9abd1ff18aa069cf91ae346bb683433998cda115d36f6d1b50e35.jpg)

They run a Campaign on galxe

💡**Testnet, step by step guide:**

*   they support Pontem, Martian, and Petra (recommended) aptos wallets.
    
*   set your wallet network to Aptos Testnet
    

1️⃣ get some test aptos from faucet [https://aptoslabs.com/testnet-faucet](https://aptoslabs.com/testnet-faucet)

2️⃣ claim testnet tokens from Thala faucet [https://thala.dev/faucet](https://thala.dev/faucet)

3️⃣ Click on "create vault" [https://app.thala.fi/vault](https://app.thala.fi/vault)

*   select what asset you’d like to deposit and mint MOD against on the drop-down list
    
*   input how much you want to deposit as well as how much MOD you’d like to borrow -create a vault with more debt than 500 MOD
    

![](https://storage.googleapis.com/papyrus_images/d892ea8a51fc240c45a846d53f1e9bbec47f67cd7b84612b19efa01334d97bd1.png)

![](https://storage.googleapis.com/papyrus_images/180f5044278875058458c2b8134b8234644861cc7ce54fa498b6eebb7b7e012a.png)

![](https://storage.googleapis.com/papyrus_images/591e397230f0445c30e0eaad4f29a7813ee309a5c42fa4aa8279311187426d3b.png)

4⃣ stake your minted MOD into the stability pool [https://app.thala.fi/stability-pool](https://app.thala.fi/stability-pool)

*   Click deposit to stake your MOD and input any total that you’d like from your balance
    

5⃣ Click the swap button and select USDC to MOD or any other token you like and swap

*   set the slippage to 10%
    

![](https://storage.googleapis.com/papyrus_images/9d46b3a83d0df60816ed9fcbc771bbe6ecdb71e6aceaef2a88c17950ec6aa5f7.png)

![](https://storage.googleapis.com/papyrus_images/d34664fb6e37cc6b478880aa816d2b1f18e7add0a25bd5ee84cad6da79540445.png)

![](https://storage.googleapis.com/papyrus_images/26ba583f699843804a065ed438aa5cf9b9d367a835ee8c9646c3b7e6ff769ec2.png)

![](https://storage.googleapis.com/papyrus_images/03c6992cf7f0b032d85f096903626fe8d7f8948f43ceeb2069e6fb42e76eb9b3.png)

6⃣ try providing liquidity in created pools [https://app.thala.fi/pools](https://app.thala.fi/pools)

*   Add liquidity to USDC/MOD pool, click on the deposit button
    
*   stake your liquidity tokens
    

7⃣ Participate in Testnet Token Launch [https://app.thala.fi/launchpad](https://app.thala.fi/launchpad)

*   click on the launchpad button
    
*   buy TNT using USDC
    

![](https://storage.googleapis.com/papyrus_images/c602921307ce76a4f1156de3dbd9125a63a3dc72f3b991de5bdf7bd9d671c8ed.png)

![](https://storage.googleapis.com/papyrus_images/dec812a6be15b458cb1ff2ce1da92bc1538e662002604030673328aca58a2f28.png)

![](https://storage.googleapis.com/papyrus_images/c43fbec368a9203694e16d2bbd3b216e665452f29e12f6fd8cf1a86797662c71.png)

![](https://storage.googleapis.com/papyrus_images/a88067f56a093622c44d1b7fe19011ea5a7c251cf538a407d881e515fcdf60a1.png)

8⃣ go to their @Galxe campaign page

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

*   follow their Twitter
    
*     
    
*   join their Discord [https://discord.gg/thala](https://discord.gg/thala)
    

**if you done all tasks, you can claim your OAT. testnet tasks take some time (12h-24h) to confirm in Galxe, not immediately!**

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*Originally published on [DriftMoon](https://paragraph.com/@driftmoon/thala-labs-airdrop-strategy)*
