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Thala's liquid collateral token, sthAPT, now supports the minting of stablecoin MOD

Thala's liquid collateral token, sthAPT, now supports the minting of stablecoin MOD

2024/01/11 07:43
APT+1.13%

Aptos decentralized stablecoin protocol Thala announced on Twitter that its liquidity staking token sthAPT now supports minting the stablecoin MOD. The collateralization ratio is 150%, which means that for every 100 USD worth of MOD minted, 150 USD worth of sthAPT needs to be deposited.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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