📢【Themis Prot Community Announcement】
The
$THS token is a certificate for Themis community users to own treasury assets. The price of
#WETH is about to exceed 4,000 USDT, and it still has a strong ability to appreciate. The current price of THS has seriously deviated from its value support, and there is a risk of excessive issuance.
In view of this, in order to ensure the scarcity of THS, allow each THS to have a higher value support, fully protect the interests of
#THS holders, and at the same time promote the sustainable and healthy development of the Themis community,
#ThemisLabs will implement the minting and staking mechanism of THS The following adjustments will be made👇
1⃣ When the price of THS is lower than 5$, the WETH bond price is constant at 5$, that is, 5$ of WETH is required to mint 1THS; when the price of THS is higher than 5$, the WETH bond price fluctuates with the THS price.
2⃣ Within a dividend period, if the average price of THS is less than 5$, no DAO dividends will be issued.
3⃣ List FIL bonds to mint THS.
4⃣ The total amount of THS minted will not exceed 3 million, and the specific number will be determined by the community based on the development of the Protocol.
💪🔥Under the premise of controlling the issuance of THS tokens without excessive issuance, in the next stage, Themis Foundation and
#ThemisLabs will be committed to promoting the application of THS tokens in more scenarios, so that the properties of THS tokens will gradually transition from inflation to deflation, and at the same time The listing of THS tokens on mainstream centralized exchanges
#CEX is also planned.
#THS #FVM #FIL #Filecoin #CEX