Thala Labs Airdrop Strategy 🎯
March 12th, 2023

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

Here is how we can interact with Thala👇

🔸They run a Campaign on galxe. 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
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

2️⃣ claim testnet tokens from Thala faucet
https://thala.dev/faucet

3️⃣ Click on "create 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

4⃣ stake your minted MOD into the 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%

6⃣ try providing liquidity in created 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

  • click on the launchpad button

  • buy TNT using USDC

8⃣ go to their @Galxe campaign page

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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