THC BURN AND CONVERTING PROGRAM #2

2022 is finally here. It’s a brand-new year full of potential and opportunities. Thanks to your love and support, we were able to achieve the 20 million players milestone, Thetanians. The year was just getting started and so were we. Together, we can accomplish even greater things.

To celebrate upcoming Lunar New Year, Thetan Arena will introduce many new features and events: Hero Rental, Special Events — Vesting Safe, Creator Corner, Thetan Lunar New Year seasonal box,… and, especially, one of the most expected program — THC converting program #2.

What is THC converting program #2? How does it work?

Following the success of the first program as well as requests from our beloved Thetanians. Thetan Arena has decided to launch the THC converting program #2, aiming to bring you a healthy, growing economy and a balanced ecosystem.

Thetan Arena will activate Converting Portal with a money pool of $13M USD on our official marketplace. Thetanians can convert a specific amount of THC with an exchange rate $0.18 USD PER THC & receive back in gTHG. However, to secure a sustainable growth of Thetan Arena’s economy, distributed gTHG will be locked in 60 days & be vested daily in the next 120 days.

Participants must have an account created before 12PM(UTC) 4th January, 2022 (10 days old) and own at least 1 NFT hero.

Per account, Thetanians can convert:

+ Maximum amount: 5,000 THC

+ Minimum amount: 2,000 THC

All of the amount of THC converted will be shown clearly for all Thetanian’s reference.

The program can be ended early if the $13M pool is fully spent and all collected THC will be burnt.

Why do we burn THC?

When a certain number of tokens are burnt, it is removed from the economic circulation of the game permanently. Such a process is meant to keep its price at the equilibrium and incentivize the healthy growth of the whole economy.

However, with Thetan Arena’s THC converting program, it’s more than just throwing away your THC. Thetan Arena will let you convert your THC at attractive rates and give you THG in return.

Why should you join this program and be a $THG holder?

With the THC converting program, true Thetanians can transform themselves from just players to Thetan Arena’s stakeholders by holding THG, a powerful governance token.

As THG owners, you are eligible for governance voting and get dividends from Thetan Arena’s treasury, which is worth more than $80M.

THG can also be spent on gTHC withdrawal fees, hero upgrades, Legendary Thetan Box payment, staking, and NFT heroes’ fusion, and many more features in the future. As a part of our obligations to THG holders, Thetan Arena will ensure your benefits as well as gaming experiences are well-covered.

About Thetan Arena

Thetan Arena is an e-sport powered by Blockchain Technology. Gather your friends, form a team, and challenge other players in 4 different modern and trending game modes, earning token rewards along the way. Thetan Arena’s gameplay revolves around combining individual skills and team coordination, coming with monthly updates, competitive tournaments, and a lot of great rewards.

JOIN THETAN ARENA NOW!!!

For the latest updates, follow our official channels via these links below:

✅Official Global Group: @ThetanArena

✅ News Channel: @thetanarenanews

✅ Website: https://thetanarena.com

✅ Facebook: https://m.facebook.com/thetanarena

✅Twitter: https://twitter.com/ThetanArena

✅ Global Discord: http://discord.gg/thetanarena

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