• Please introduce the team and provide some details into the founders’ backgrounds.

  CEO - Vincent Lee

Before founding Themis, Vincent worked for 9F Inc. in blockchain product development in 2018 and joined QSN (later renamed Stratos) in 2019. Vincent has worked with giants like Huawei and JIUFU Holding Group, gaining years of experience in product design and brand management before beginning his work with lending protocols and co-founding Themis.

Co-Founder - David Braut

Our co-founder David worked as managing director of Kroleo, a Washington D.C. based consulting and I.T. development firm servicing Fortune 500 companies as well as the Federal Government. Notably, Kroleo joined the list of the top 100 fastest growing companies in North America as published by Fortune.

• Tell us about Themis Protocol. What is it? How does it work? What problem are you trying to solve?

Themis is a decentralized NFT lending protocol that will provide a collateralized lending scenario for NFTs. The protocol itself is a set of DeFi protocols developed based on smart contracts that allow users to lend, borrow, stack yield, auction, and leverage UNI-V3 NFTs.

With Themis, you’ll be able to receive a loan using your NFTs from Uniswap v3 as collateral — something no other protocol currently offers.

This way your liquidity will remain in the pool generating yield while unlocking the additional value to use however you wish — the ultimate money lego!

In addition to collateralizing your NFTs, Themis allows you to lend, farm, and even bid on liquidated positions in a Dutch Auction.

The $4.02B in TVL locked in Uniswap will be put to good use instead of just sitting there idle.

• What will users intuitively experience when using Themis?

If you regularly use lending protocols like Compound or AAVE then Themis will bring you something different.

First, we will offer the world's first and only platform that allows users to use UNI-V3 NFTs as collateral for loans. As a borrower, you are no longer collateralizing one token and borrowing another. Instead, users are collateralizing an LP that is providing users with revenue to get additional liquidity.

As a simple lender, users may find that Themis may have a higher utilization rate of funds and thus a higher yield. If users are players in the NFT space, perhaps those NFTs can bring them some value-added services, such as increasing the lending rate.

Additionally, you’ll have access to a role as a liquidator. Users can arbitrage the liquidation process of a lending agreement without being constrained by their own technical abilities and instead participate directly in the process.

Last but not least, we will be offering yield farming after TGE, allowing users to stake their tokens and earn rewards.

• You mention Uniswap. And about leveraging UNI-V3 NFTs. Can you provide some details here? How is this done? Would you be able to use any NFT?

When most people hear the term “NFT” they think of visual media, but non-fungible tokens can have functionalities that go far beyond the ownership of digital art.

When Uniswap introduced custom liquidity ranges in v3, this led to the development of NFT vouchers that represent each user's distinct liquidity position rather than representing it with the LP tokens used in v2.

At launch, Themis will support only UNI-V3 NFT’s, but we plan to incorporate other NFT’s moving forward!

Imagine taking out a loan on your Bored Ape (just don’t forget to pay it back)!

We regularly discuss NFTs on our Twitter, feel free to join us there.

• At launch, Themis will support only UNI-V3 NFT’s, but we plan to incorporate other NFT’s moving forward!

When you take out a loan with Themis, you’ll need to pay it back at some point (obviously).

If that doesn’t happen the LP will be liquidated, and the NFT voucher representing it will go up for auction. Once the collateral is liquidated, the NFT will appear in our Auction Pad and be sold in a public Dutch Auction.

Keep in mind that the value of the liquidated assets is often higher than the borrowing value and interest, thus creating great opportunities for arbitrage.

The Dutch Auction feature will allow other users to bid on those NFTs. Make sure to check it regularly, because you might find one lower than the market price!

• Tell us about $TMS. What role does the token play in the ecosystem? Governance?

That’s right, $TMS serves as the governance token for Themis.It represents your stake in the project and can be used to vote on proposals for anything from protocol upgrades, to adjustments in interest rates or how to allocate treasury funds, to name a few examples.

Users are rewarded $TMS by participating in the Themis ecosystem. Lending, borrowing and mining are all ways that users can get more $TMS!

Feel free to hop over to our Discord and ask us more about how to earn $TMS.

• Governance is a key component of Themis. What can we look forward to? How is it structured?

Themis’ governance model is a combination of new incentives for the functions and contributions of various governance roles such as Lender, Borrower, Liquidator, Vote, liquidity, Market Maker, Eco-Partners, etc.

The TMS token is the governance token for the Themis protocol. It plays an integral part in the DAO and will be used to vote on proposals such as burning, smart contract upgrades, the use of the Treasury, and ecosystem funding.

• DeFi is a volatile space right now that’s still trying to find its footing. What risk management measures are you taking to ensure the safety and security of assets?

Absolutely! Themis’ UI is quite streamlined and very user friendly. Users with any level of experience will have no problem using the app.

That being said, we understand that crypto newbies might not have as clear an understanding of Uniswap v3, or how NFT vouchers work. That’s why we’ve published several blog posts explaining UNI-V3 NFTs and the opportunity this has created for Themis and its users!

Check out our Medium blog if you’d like to learn more about Themis and how Uniswap v3 changes the game!

We’ll continue to publish more educational posts to better inform our users how they can make the most of our platform.

• What are your advantages over your competitors?

Themis is currently the only protocol that allows you to leverage your UNI-V3 NFT as compared to ERC-20 only lending protocols!

While there may be v3 management tools out there that could provide users with some sort of asset management capabilities, Themis allows users to incorporate more autonomy into their strategies than any other protocol in the space.

And we’re proud of that!

• Provide us some insight into the Themis roadmap. Where are you in the development stage? What can we look forward to in the next 6 months? 1 year? Is the platform on mainnet?

Great question!

By the end of 2021, we’ll have our main features launched and ready to use! That means you’ll have access to collateralized UNI-V3 NFTs, Yield Farming, Auctions, and our native Money Market.

In 2022 we’ll really ramp things up by incorporating features like an NFT Workshop to create your own NFTs! We’ll also be adding an NFT Market Maker Mechanism. Additionally, you can expect diversified crypto lending, LP migration to DEXs, an optimized receiving pool, and we’ll be releasing an even further optimized oracle as well.

Looking further into the future, we plan to have vaults, derivatives, data services, and digital copyright protection finished by 2023.

We’re always posting updates on Twitter, as well as in Discord, so be sure to join our community to stay up to date on all our developments!

• 11. What are the major milestones Themis has achieved so far?

Well, there have been many!

First off, we’ve raised a heck of a lot of funding in a very short time. We’re actually oversubscribed for fundraising! It’s always a good feeling when there are too many people that want to back your project rather than too few!

Secondly, we’ve had great feedback during our testnet period and everything is looking good for an on-time mainnet launch!

Lastly, we feel that creating the first ever UNI-V3 NFT lending and borrowing protocol is a major milestone in and of itself. We believe that this is a crucial missing Lego piece in DeFi, and we will be working towards the goal of unlocking even more liquidity for the metaverse by growing our community and partnering with other amazing projects!

Q: Please introduce the team and provide some details into the founders’ backgrounds?

A: Before co-founding Themis I worked as managing director of Kroleo, a Washington D.C. based consulting and I.T. development firm servicing Fortune 500 companies as well as the Federal Government. Notably, Kroleo joined the list of the top 100 fastest growing companies in North America as published by Fortune.

We have a team of 8 people strong with great technical background, marketing background and most importantly financial background geared towards achieving our goal and ethos of unlocking liquidity for the metaverse!

Q：Tell us about Themis Protocol. What is it? How does it work? What problem are you trying to solve?

A：Themis is a decentralized NFT lending protocol that will provide a collateralized lending scenario for NFTs. The protocol itself is a set of DeFi protocols developed based on smart contracts that allow users to lend, borrow, stack yield, auction, and leverage UNI-V3 NFTs.

With Themis, you’ll be able to receive a loan using your NFTs from Uniswap v3 as collateral — something no other protocol currently offers.

This way your liquidity will remain in the pool generating yield while unlocking the additional value to use however you wish — the ultimate money lego!

In addition to collateralizing your NFTs, Themis allows you to lend, farm, and even bid on liquidated positions in a Dutch Auction.

The $4.02B in TVL locked in Uniswap will be put to good use instead of just sitting there idle.

Q：What will users intuitively experience when using Themis?

A：If you regularly use lending protocols like Compound or AAVE then Themis will bring you something different.

First, we will offer the world's first and only platform that allows users to use UNI-V3 NFTs as collateral for loans. As a borrower, you are no longer collateralizing one token and borrowing another. Instead, users are collateralizing an LP that is providing users with revenue to get additional liquidity.

As a simple lender, users may find that Themis may have a higher utilization rate of funds and thus a higher yield. If users are players in the NFT space, perhaps those NFTs can bring them some value-added services, such as increasing the lending rate.

Additionally, you’ll have access to a role as a liquidator. Users can arbitrage the liquidation process of a lending agreement without being constrained by their own technical abilities and instead participate directly in the process.

Last but not least, we will be offering yield farming after TGE, allowing users to stake their tokens and earn rewards.

Q：You mention Uniswap. And about leveraging UNI-V3 NFTs. Can you provide some details here? How is this done? Would you be able to use any NFT?

A: Sure, when most people hear the term “NFT” they think of visual media, but non-fungible tokens can have functionalities that go far beyond the ownership of digital art.

When Uniswap introduced custom liquidity ranges in v3, this led to the development of NFT vouchers that represent each user's distinct liquidity position rather than representing it with the LP tokens used in v2.

At launch, Themis will support only UNI-V3 NFT’s, but we plan to incorporate other NFT’s moving forward!

Imagine taking out a loan on your Bored Ape (just don’t forget to pay it back)!

We regularly discuss NFTs on our Twitter, feel free to join us there.

**https://twitter.com/OfficialThemis**

Q: It's interesting to have the "auction" feature in the upcoming new version. How does it work?

A: When you take out a loan with Themis, you’ll need to pay it back at some point (obviously).

If that doesn’t happen the LP will be liquidated, and the NFT voucher representing it will go up for auction. Once the collateral is liquidated, the NFT will appear in our Auction Pad and be sold in a public Dutch Auction.

Keep in mind that the value of the liquidated assets is often higher than the borrowing value and interest, thus creating great opportunities for arbitrage.

The Dutch Auction feature will allow other users to bid on those NFTs. Make sure to check it regularly, because you might find one lower than the market price!

Q: Tell us about $TMS. What role does the token play in the ecosystem? Governance?

A: That’s right, $TMS serves as the governance token for Themis.

It represents your stake in the project and can be used to vote on proposals for anything from protocol upgrades, to adjustments in interest rates or how to allocate treasury funds, to name a few examples.

Users are rewarded $TMS by participating in the Themis ecosystem. Lending, borrowing and mining are all ways that users can get more $TMS!

Feel free to hop over to our Discord and ask us more about how to earn $TMS.

**https://discord.gg/S9FBsmWQg9**

Q: Governance is a key component of Themis. What can we look forward to? How is it structured?

A: Great question!

Themis’ governance model is a combination of incentives for the contributions of various roles such as Lender, Borrower, Liquidator, Vote, liquidity, Market Maker, Eco-Partners, etc.

The TMS token is the governance token for the Themis protocol. It plays an integral part in the DAO and will be used to vote on proposals such as burning, smart contract upgrades, the use of the Treasury, and ecosystem funding.

Since we’re a DAO our community will use $TMS to play a big role in making decisions that impact the whole protocol!

Q: Is your platform suitable for Crypto beginners? Does the platform have a guide for non-crypto users, or is it only interesting for professional users?

A: Absolutely! Themis’ UI is quite streamlined and very user friendly. Users with any level of experience will have no problem using the app.

That being said, we understand that crypto newbies might not have as clear an understanding of Uniswap v3, or how NFT vouchers work. That’s why we’ve published several blog posts explaining UNI-V3 NFTs and the opportunity this has created for Themis and its users!

Check out our Medium blog if you’d like to learn more about Themis and how Uniswap v3 changes the game!

We’ll continue to publish more educational posts to better inform our users how they can make the most of our platform.

**https://blog.themis.exchange/**

Q: What are your advantages over your competitors?

A: Themis is currently the only protocol that allows you to leverage your UNI-V3 NFT as compared to ERC-20 only lending protocols!

In that sense, we have no direct competitors.

While there may be v3 management tools out there that could provide users with some sort of asset management capabilities, Themis allows users to incorporate more autonomy into their strategies than any other protocol in the space.

And we’re proud of that!

Q: Provide us some insight into the Themis roadmap. Where are you in the development stage? What can we look forward to in the next 6 months? 1 year? Is the platform on mainnet?

A: Great question!

By the end of 2021, we’ll have our main features launched and ready to use! That means you’ll have access to collateralized UNI-V3 NFTs, Yield Farming, Auctions, and our native Money Market.

In 2022 we’ll really ramp things up by incorporating features like an NFT Workshop to create your own NFTs! We’ll also be adding an NFT Market Maker Mechanism. Additionally, you can expect diversified crypto lending, LP migration to DEXs, an optimized receiving pool, and we’ll be releasing an even further optimized oracle as well.

Looking further into the future, we plan to have vaults, derivatives, data services, and digital copyright protection finished by 2023.

Our mission is to bring liquidity to an otherwise illiquid Metaverse.

We’re always posting updates on Twitter, as well as in Discord, so be sure to join our community to stay up to date on all our developments!

**https://twitter.com/OfficialThemis**

**https://discord.gg/S9FBsmWQg9**

Q: The last question, what are the major milestones Themis has achieved so far?

A: Haha, many! It has been a crazy journey and it’s just the beginning.

First off, we’ve raised a heck of a lot of funding in a very short time. We’re actually oversubscribed for fundraising! It’s always a good feeling when there are too many people that want to back your project rather than too few!

Secondly, we’ve had great feedback during our testnet period and everything is looking good for an on-time mainnet launch!

Lastly, we feel that creating the first ever UNI-V3 NFT lending and borrowing protocol is a major milestone in and of itself. We believe that this is a crucial missing Lego piece in DeFi, and we will be working towards the goal of unlocking even more liquidity for the metaverse by growing our community and partnering with other amazing projects!

More partnership announcement coming very, very soon! =)

AMA session is over now. Here the community members can ask questions!!

Q: Could fragmented NFTs be staked for lending？ A: That's an interesting idea! At launch we will only offer collateralization of UNI-V3 NFTs, but we will incorporate other NFTs as we move forward. We see ourselves as the future bank of the Metaverse, and who knows what the future might hold =)

Q: Could you support NFTs from other chains? Like NFTs in Solana or Avalanch? Those are popular chains in race.

A: In fact, cross chain compatibility is one of the things we're looking at incorporating! We're in talks with several protocols to find a way to make the Themis ecosystem cross-chain compatible. More news about that coming soon 🙂

Q: How do you prevent flash loan attacks?

A: great question! There are many ways to prevent this. And, I will try not to be too technical for our audiences today.Basically we utilize TWAP directly from Uniswap and we pick LPs with great liquidity.

Q: It will be listing at Kucoin?** A: Haha, you will find out soon =P

Q: How do you estimate the value of NFTs other than Uni v3（like cryptopunk or BAYC）

A: That’s a problem that we’re not currently solving as the TAM - Total Addresable Market is not quite there yet. But, we do have a NFT signature program where certain NFT collections will get treated as “VIP” to our Themis protocol where they will get higher leverage on their positions.

Q: Will there be any investment institutions to provide your liquidity or MM?

A: Haha, yes! and, we will do one even better! We’ve more than 4m commited to lend on our protocol on day 1 by our investors!

Q:Can you reveal in advance some institutions that you have already cooperated with？

A: Sure, here’s a link - https://blog.themis.exchange/themis-the-first-defi-nft-lending-protocol-raises-2m-with-multiple-backers-including-dao-maker-4554fb9f578f?source=collection_home---4------2----------------------- We’ve also added a few more strategic backers - more to come soon!

Q: ETH is getting slow, does Themis have layer2 plans?

A: Haha, yes we do! We will be rolling out V2 positions as well as staked LPs, and then we will go crosschain. As you know the only V3 is on Uniswap at the moment and they have the highest TVL. But rest asure, we will migrate to other chains to grow our ecosystem.

Q: Which companies have audited your smart contracts?

A: Peckshield and we are actively also talking to a few more once we go live.

Q: Do you have risk control mechanisms to avoid false value issues?

A: No problem for false value as it either occur from front end or the oracle. because our TWAPs utilize 30min weighting. But in an emergency, we can always lock the contract through governance.

Q: Please introduce the team and provide some details into the founders’ backgrounds?

A: Themis was co-founded by Vincent Lee and David Braut.

Let’s start with Vincent :)Before founding Themis, Vincent worked for 9F Inc. in blockchain product development in 2018 and joined QSN (later renamed Stratos) in 2019. Vincent has worked with giants like Huawei and JIUFU Holding Group, gaining years of experience in product design and brand management before beginning his work with lending protocols and co-founding Themis.

Our co-founder David worked as managing director of Kroleo, a Washington D.C. based consulting and I.T. development firm servicing Fortune 500 companies as well as the Federal Government. Notably, Kroleo joined the list of the top 100 fastest growing companies in North America as published by Fortune.

We have a team of 8 people strong with great technical background, marketing background and most importantly financial background geared towards achieving our goal and ethos of unlocking liquidity for the metaverse!

If you want to read more about the minds behind Themis we’ve got you covered! Check out our blog .

Q: Tell us about Themis Protocol. What is it? How does it work? What problem are you trying to solve?

A: Themis is a decentralized NFT lending protocol that will provide a collateralized lending scenario for NFTs. The protocol itself is a set of DeFi protocols developed based on smart contracts that allow users to lend, borrow, stack yield, auction, and leverage UNI-V3 NFTs.

With Themis, you’ll be able to receive a loan using your NFTs from Uniswap v3 as collateral — something no other protocol currently offers.

This way your liquidity will remain in the pool generating yield while unlocking the additional value to use however you wish — the ultimate money lego!

In addition to collateralizing your NFTs, Themis allows you to lend, farm, and even bid on liquidated positions in a Dutch Auction.

The $4.02B in TVL locked in Uniswap will be put to good use instead of just sitting there idle.

Read more about how Themis is bringing liquidity to an illiquid Metaverse .

Q: What will users intuitively experience when using Themis?

A: If you regularly use lending protocols like Compound or AAVE then Themis will bring you something different.

As a simple lender, users may find that Themis may have a higher utilization rate of funds and thus a higher yield. If users are players in the NFT space, perhaps those NFTs can bring them some value-added services, such as increasing the lending rate.

Additionally, you’ll have access to a role as a liquidator. Users can arbitrage the liquidation process of a lending agreement without being constrained by their own technical abilities and instead participate directly in the process.

Last but not least, we will be offering yield farming after TGE, allowing users to stake their tokens and earn rewards.

Q: DeFi is such an important thing in the current blockchain space, can you share their opinion on DeFi? Do you think DeFi will disrupt the current financial system or do you think we can live in a balance where both systems can work together?

A: First, we don't think DeFi will disrupt the current financial system. They are inherently two systems that do not interfere with each other. And DeFi will become more independent as policy regulation is strengthened and the DeFi ecosystem is improved.

I found some of the recent tweets by @Shaan Puri about the metaverse very interesting. He argues that the meta-universe is not a spatial concept, but a point in time. It is when people's virtual lives become more valuable than their real lives.

I think this same idea applies to DeFi, when people's economic activity in the digital world exceeds that of the real world. the value of DeFi will surpass the existing financial system. Just ask, for the many users and builders who are invested in blockchain as well as DeFi, traditional finance seems to be less and less relevant to our real life. I haven't touched online borrowing, stock software, and other tools and applications in a long time. This is not out of mistrust or functional issues. Rather, the size of my digital assets is gradually outstripping my real-world assets, and my real-world wealth is more than enough to meet my basic needs. More cash and stocks don't do much to help me achieve my goals and visions, except perhaps to make my life more extravagant. Then it is even more important for me to manage these digital assets well. This is something that traditional finance cannot do.

Q: Revenue is an important aspect for all projects to survive and maintain the project / company. What are your plans and ways to generate profit / revenue from the token? In regard to this please explain your income model?

A: As a lending protocol, our revenue model is actually very simple, mainly by charging a certain fee and the spread from clearing. We plan to charge a 5% fee on the interest returned by the borrower and deduct a spread from the liquidation to create a community-governed Treasury, where all revenue is used in a way that is governed by the agreement. For example, the revenue will be used to repurchase and destroy TMS tokens, to donate to contributors, etc. We are currently refining these features.

Q: Can you provide an overview of your tokenomics? Will the design of the token increase and decrease with the success of Themis Protocol, does it include any scarce pathways, such as equity, storage, or burning?

A: Yes, with the success of Themis, our tokens will become more scarce. But we don't do this through equity. TMS tokens are issued as a reward, a governance token. There are incentive targets in the governance process and they are accompanied by a certain amount of consumption. As Themis commercialization becomes successful, these tokens may be continually repurchased and destroyed.

Q:What Themis Protocol plans in place for global expansion, are Themis Protocol focusing on only the market at this time? Or focus on building and developing or getting customers and users, or partnerships? Can you explain this?

A: Globalization is the only way for Themis to survive. We have teams with top management and development capabilities from the US and China, we have partnerships with a number of projects in Europe and North America, and we employ a number of operations and customer service staff in Southeast Asia. We are a global community with a relatively good division of labor. On the contrary market development we will proceed carefully according to the current project stage. This will result in some cost savings and make the project more sustainable. Themis is a decentralized community.

Q:Your platform will provide direct p2p lending protocol that will allow users the flexibility to lend money to other users and set the interest rate, collateral requirements as well as credit ratings. How can you monitor credit transactions of borrowers and implement credit ratings in a decentralised manner when these borrowers are not KYCed?

A:Themis as a decentralized protocol, in principle, does not require traditional financial instruments as an aid to provide credit. This is fundamentally different from the traditional financial ledger model. And KYC is to censor qualified purchasers. Avoid the risk of policy. Our P2P lending has a complete collateralization process and a solid Oracle feeding mechanism, thus ensuring the security of LendingPool and. In terms of governance, we are fully code-based. We believe that code is law, so in the future Themis does not need to be strictly regulated for businesses that do not involve investments and regionalized operations.

1. Q: What's the difference with Aave V3?

A: My 2 main arguments are 1. timing < they have been talking about this for quite some time and due to the large scale of their current infrastructure with more than 20B worth of assets on it. They will have to be very careful when it comes to security aka very long time

and secondly, we are much more flexible and is willing to work with “smaller” and newer projects and is actively working with all different launchpads.

To summarize: 2 points, 1 time and 2 execution ability to pivot and target “smaller markets” which btw adds up to more than $5b in TVL if you look at all the different launchpads.

2. Q: Do you get the value of LP NFT by going directly to the oracle of TWAP done by UNIWAP? If LPNFT is attacked by lightning loans causing the price to be unanchored. Will themis take a liquidation operation directly?

A: Yes, we do get the value through TWAP oracle. In the latest version, we use uniswap V3's TWAP quotation. Time weighting can target price attacks to a certain extent, but more importantly, we have adopted a whitelist mechanism for addresses that directly call LendingPool. That is to say, Themis allows lightning loans to be made by protocols in the whitelist, thereby realizing LendingPool's Protocol-to-Protocol, and because of this setting, ordinary addresses cannot directly bypass the front-end to activate lightning loans. If there is a price break, we will also have a correction time of about 30 minutes. During this time, users will be allowed to adjust the risk through prepayment or Increase position. This prevents attackers from maliciously liquidating the borrower's assets.

3. Q: What's your moat? If others copy the same model, are you confident that you will not be occupied by market share?

A: Great question! As you know DeFi protocols are mostly open sourced, anyone can copy the codes. But, they cant copy our execution ability, the partnerships, the liquidity that we have secured =)

4. Q: Whether ordinary users can participate in DAO governance？

A: Yes, we’ve design our DAO to be as inclusive as possible =)

Come join our discord :

To learn more about our DAO

5 Q: Sir,Is the NFT pledged by the user locked into the user's wallet or transferred to the project pool? How do you improve the liquidity of NFC? Is security guaranteed?

A: great question, the Asset backed NFT (LP position) will be in the smart contract’s custody to prevent double spending. As long as you pay your loan back you have nothing to worry about =)

We will also publish our audit soon. And, our codes will be open source.

1. Q: Please introduce the team and provide some details into the founders’ backgrounds.

A: Themis was co-founded by Vincent Lee and David Braut.

Let’s start with Vincent :)

Before founding Themis, Vincent worked for 9F Inc. in blockchain product development in 2018 and joined QSN (later renamed Stratos) in 2019. Vincent has worked with giants like Huawei and JIUFU Holding Group, gaining years of experience in product design and brand management before beginning his work with lending protocols and co-founding Themis.

Our co-founder David worked as managing director of Kroleo, a Washington D.C. based consulting and I.T. development firm servicing Fortune 500 companies as well as the Federal Government. Notably, Kroleo joined the list of the top 100 fastest-growing companies in North America as published by Fortune.

We have a team of 8 people strong with great technical background, marketing background, and most importantly financial background geared towards achieving our goal and ethos of unlocking liquidity for the metaverse!

2. Q: Tell us about Themis Protocol. What is it? How does it work? What problem are you trying to solve?

A: Themis is a decentralized NFT lending protocol that will provide a collateralized lending scenario for NFTs. The protocol itself is a set of DeFi protocols developed based on smart contracts that allow users to lend, borrow, stack yield, auction, and leverage UNI-V3 NFTs.

With Themis, you’ll be able to receive a loan using your NFTs from Uniswap v3 as collateral — something no other protocol currently offers.

This way your liquidity will remain in the pool generating yield while unlocking the additional value to use however you wish — the ultimate money lego!

In addition to collateralizing your NFTs, Themis allows you to lend, farm, and even bid on liquidated positions in a Dutch Auction.

The $4.02B in TVL locked in Uniswap will be put to good use instead of just sitting there idle.

3. Q: What will users intuitively experience when using Themis?

A: If you regularly use lending protocols like Compound or AAVE then Themis will bring you something different.

First, we will offer the world's first and only platform that allows users to use UNI-V3 NFTs as collateral for loans. As a borrower, you are no longer collateralizing one token and borrowing another. Instead, users are collateralizing an LP that is providing users with revenue to get additional liquidity.

As a simple lender, users may find that Themis may have a higher utilization rate of funds and thus a higher yield. If users are players in the NFT space, perhaps those NFTs can bring them some value-added services, such as increasing the lending rate.

Additionally, you’ll have access to a role as a liquidator. Users can arbitrage the liquidation process of a lending agreement without being constrained by their own technical abilities and instead participate directly in the process.

Last but not least, we will be offering yield farming after TGE, allowing users to stake their tokens and earn rewards.

4. Q: You mention Uniswap. And about leveraging UNI-V3 NFTs. Can you provide some details here? How is this done? Would you be able to use any NFT?

A: You mention Uniswap. And about leveraging UNI-V3 NFTs. Can you provide some details here? How is this done? Would you be able to use any NFT?

When Uniswap introduced custom liquidity ranges in v3, this led to the development of NFT vouchers that represent each user's distinct liquidity position rather than representing it with the LP tokens used in v2.

At launch, Themis will support only UNI-V3 NFT’s, but we plan to incorporate other NFT’s moving forward!

When Uniswap introduced custom liquidity ranges in v3, this led to the development of NFT vouchers that represent each user's distinct liquidity position rather than representing it with the LP tokens used in v2.

At launch, Themis will support only UNI-V3 NFT’s, but we plan to incorporate other NFT’s moving forward!

5. Q: It's interesting to have the "auction" feature in the upcoming new version. How does it work?

A: When you take out a loan with Themis, you’ll need to pay it back at some point (obviously).

If that doesn’t happen the LP will be liquidated, and the NFT voucher representing it will go up for auction. Once the collateral is liquidated, the NFT will appear in our Auction Pad and be sold in a public Dutch Auction.

Keep in mind that the value of the liquidated assets is often higher than the borrowing value and interest, thus creating great opportunities for arbitrage. The Dutch Auction feature will allow other users to bid on those NFTs. Make sure to check it regularly, because you might find one lower than the market price!

6. Q: Tell us about $TMS. What role does the token play in the ecosystem? Governance?

A: That’s right, $TMS serves as the governance token for Themis. It represents your stake in the project and can be used to vote on proposals for anything from protocol upgrades, to adjustments in interest rates or how to allocate treasury funds, to name a few examples.

Users are rewarded $TMS by participating in the Themis ecosystem. Lending, borrowing, and mining are all ways that users can get more $TMS!

Feel free to hop over to our Discord and ask us more about how to earn $TMS.

7. Q: Governance is a key component of Themis. What can we look forward to? How is it structured?

A: Great question!

Themis’ governance model is a combination of incentives for the contributions of various roles such as Lender, Borrower, Liquidator, Vote, liquidity, Market Maker, Eco-Partners, etc.

The TMS token is the governance token for the Themis protocol. It plays an integral part in the DAO and will be used to vote on proposals such as burning, smart contract upgrades, the use of the Treasury, and ecosystem funding.

Since we’re a DAO our community will play a big role in making decisions that impact the whole protocol!

8. Q: Is your platform suitable for Crypto beginners? Does the platform have a guide for non-crypto users, or is it only interesting for professional users?

A: Absolutely! Themis’ UI is quite streamlined and very user-friendly. Users with any level of experience will have no problem using the app.

That being said, we understand that crypto newbies might not have as clear an understanding of Uniswap v3, or how NFT vouchers work. That’s why we’ve published several blog posts explaining UNI-V3 NFTs and the opportunity this has created for Themis and its users!

Check out our Medium blog if you’d like to learn more about Themis and how Uniswap v3 changes the game!

We’ll continue to publish more educational posts to better inform our users how they can make the most of our platform.

9. Q: What are your advantages over your competitors?

A: Themis is currently the only protocol that allows you to leverage your UNI-V3 NFT as compared to ERC-20 only lending protocols! In that sense, we have no direct competitors.

While there may be v3 management tools out there that could provide users with some sort of asset management capabilities, Themis allows users to incorporate more autonomy into their strategies than any other protocol in the space.

And we’re proud of that!

10. Q: Provide us some insight into the Themis roadmap. Where are you in the development stage? What can we look forward to in the next 6 months? 1 year? Is the platform on mainnet?

A: Great question!

By the end of 2021, we’ll have our main features launched and ready to use! That means you’ll have access to collateralized UNI-V3 NFTs, Yield Farming, Auctions, and our native Money Market.

In 2022 we’ll really ramp things up by incorporating features like an NFT Workshop to create your own NFTs! We’ll also be adding an NFT Market Maker Mechanism. Additionally, you can expect diversified crypto lending, LP migration to DEXs, an optimized receiving pool, and we’ll be releasing an even further optimized oracle as well.

Looking further into the future, we plan to have vaults, derivatives, data services, and digital copyright protection finished by 2023.

Our mission is to bring liquidity to an otherwise illiquid Metaverse.

We’re always posting updates on Twitter, as well as in Discord, so be sure to join our community to stay up to date on all our developments!

11. Q:(optional) What are the major milestones Themis has achieved so far?

A: Secondly, we’ve had great feedback during our testnet period and everything is looking good for an on-time mainnet launch!

Lastly, we feel that creating the first-ever UNI-V3 NFT lending and borrowing protocol is a major milestone in and of itself. We believe that this is a crucial missing Lego piece in DeFi, and we will be working towards the goal of unlocking even more liquidity for the metaverse by growing our community and partnering with other amazing projects!

More partnership announcements coming soon! : )

Community Questions

Wang: Could you please provide the project roadmap and tell us a little about Themis' plans for the next year 2022?

David B. [2021/12/12 9:54 PM] [In reply to wang] Our product will be rolling out this month! We will also have a fair liquidity launch bootstrapping competition coming up! More info with that.

We do not have tokens right now, please beware! Our focus right now is our product, community, and our roadmap.

LD: What are the advantages of your lending platform? Why did I choose you?

David B., [2021/12/12 9:56 PM] [In reply to LD] Haha, you have no choice if you’re a Uni V3 holder, there’s currently nothing out there other than us. We’re the only borrowing/lending protocol in the market that actually solves a real problem. All the others are just juicing the ecosystem by providing unsustainable token rewards.

Eric Leung: How does Themis protect users' security, including privacy and currency?

David B., [2021/12/12 9:58 PM] [In reply to Eric Leung] Our smart contract is currently being audited, funds are secured by smart contracts. From day one, the most important aspect of our protocol is security. We have extreme security parameters to follow in order to ensure that our codes pass the audit and our internal safety measures.

XIAO Zai Zai: Can you share your token economics with us? What is your total token volume and circulation? Will there be a repo system or token burning in the future?

David B., [2021/12/12 9:59 PM] [In reply to XIAO Zai zai] Absolutely, here is a more detailed version of our tokenomics -https://blog.themis.exchange/tms-tokenomics-just-dropped-powering-defis-first-and-only-uni-v3-lending-protocol-984c5a27c716

Please note that there’s currently no TGE. < Anyone that’s selling our token is a scam.

小: Are there any incentives for early investors in Themis? It's a good project

David B., [2021/12/12 10:00 PM] [In reply to 小] Absolutely, we have an upcoming “Public competition” to bootstrap our liquidity. It’s an all-new fair liquidity bootstrapping mechanism similar to what Delphi Digital just rolled out, with a bit of modification.

王：Does your project has potential, give a reason why I should choose your project, not for the short term, but for the long term?

David B., [2021/12/12 10:01 PM] [In reply to 王轩 王] If you believe in the metaverse, then you get to own a piece of the pie of the future banking. Banking for the metaverse.

溘 坠：One of the projects in the project is that native Currency has important use cases, what is the use case of $ TMS?How will $ TMS holders benefit from it? How do you get a balance between the development platform to add value to your product?

David B., [2021/12/12 10:02 PM] [In reply to 溘 坠] Our token has huge utilities, starting by allowing users to pick which pool to whitelist. which NFT signature programs to be added, what direction will the DAO be headed to, staking, and more!

乞丐版：Just getting users, holders, etc. Is not everything. In my opinion, a project needs to solve a real-world problem. What are the main concerns of your project? Have you ever thought about this problem?

David B., [2021/12/12 10:03 PM] [In reply to 乞丐版] Absolutely and I agree with you on that. That’s why our product on day 1 solves and helps create more liquidity for the DEX AMM market. There’s currently about $4billion on Uniswap V3 alone. $4 Billion levered up, that’s a lot of demand for stable coins! This means more yield for our Defi degens!

liulijie001: How do you plan to spread awareness about your project in different countries where English is not good? Do you have local communities like Vietnam, Indonesia, Thailand, Korea,.. so they can better understand your project?

David B., [2021/12/12 10:04 PM] [In reply to liulijie001] We’re working with a network of influencers that will help us translate and share with their community.

疯子：How long will the token IDO be released?

David B., [2021/12/12 10:05 PM] [In reply to 疯子] TBD ser =) Try out our product, you might get airdropped

crazy wangNow that DeFi is less popular, what marketing tools does Themis have to attract new users? And it's almost Christmas. What will happen? Such as airdrop, list on CMC, and so on

David B., [2021/12/12 10:06 PM] [In reply to crazy wang] We’re not just a “Defi project.” But, an intersection of NFT, GameFi & DeFi.

L: For each project, how to properly balance the cooperative relationships of all participants such as communities and ecology, and must have the founding team of each project.A key consideration. I would like to see which unique advantages in the distribution of rights and interests are in your opinion.@dbrautDesperate to find out.

David B., [2021/12/12 10:07 PM] [In reply to L] Exactly, that is why our DAO is structured in a way where our communities have a voice in it

ZHI shui shui: It is very difficult to do projects in the bear market. People will abandon it because of price stagnation. How can you guarantee that the project will not fail because people are abandoned?

David B., [2021/12/12 10:08 PM] [In reply to ZHI shui shui] I disagree, the best time to build is during the bear market. All the great projects started in 2018. Plus, I don’t think we’re in a bear market at all. Tons of VCs/ “Smart money” entering the market.

Q: There are many Defi projects but the NFT lending protocol is new for me. Could you let me know how it works and how we could use the services?

A: If you regularly use lending protocols like Compound or AAVE then Themis will bring you something different.

First, we will offer the world's first and only platform that allows users to use UNI-V3 NFTs as collateral for loans. As a borrower, you are no longer collateralizing one token and borrowing another. Instead, users are collateralizing an LP that is providing users with revenue to get additional liquidity.

Check out this strategy that utilizes Themis and a $MIM/$USDC LP for instance.https://blog.themis.exchange/309-apr-or-2-561-apy-on-stables-mim-usdc-using-uniswap-v3-themis-23578ffbb695

As a simple lender, users may find that Themis may have a higher utilization rate of funds and thus a higher yield. If users are players in the NFT space, perhaps those NFTs can bring them some value-added services, such as increasing the lending rate.

Additionally, you’ll have access to a role as a liquidator. Users can arbitrage the liquidation process of a lending agreement without being constrained by their own technical abilities and instead participate directly in the process.

Last but not least, we will be offering yield farming after TGE, allowing users to stake their tokens and earn rewards.

Q: How is NFT mortgage interest calculated? Let me know how could we calculate the interest rate？

A: There’s actually quite a big range in possible interest rates when using Themis.

That’s because the rates are totally determined by the utilization rate of the lending supply, which can change over time.

Initially, interest rates can be anywhere from 0% to 21.5% on launch.

Q:When I invest in projects, I see a lot of investment companies and partners. What about Themis' investment and partners?

A: We’re happy to say that we’ve already raised more than $2 million from some great investor partners like Chain Financial, LD Capital and NfX. Read more about thathttps://blog.themis.exchange/themis-the-first-defi-nft-lending-protocol-raises-2m-with-multiple-backers-including-dao-maker-4554fb9f578f

Also, we’re thrilled to be partnered with launchpad DAO Maker as well. In fact, our TGE will occur through DAO Maker’s Strong Holder Offering （https://blog.themis.exchange/dream-of-being-a-vc-fbf45acea8fd) soon!

Q: I strongly believe if you support multi chain NFT, it would be very expandable. Do you have plans to support multi chains?

A:We are actually exploring partnerships at this very moment that will allow us to support cross-chain functionality.

We want users to be able to collateralize your UNI-V3 NFTs and immediately use those funds to interact with other chains like Solana or Fantom, all without ever leaving the Themis app!

We know that this cross-chain stablecoin interaction will bring our users even more financial flexibility, which is why we’ve made it a major priority.

It’s too early to announce anything yet, but we fully expect to be cross-chain compatible very soon.

Q: What could we do with TMS? Why do we need to buy and hold TMS tokens? let me know the benefit of holding the tokens.

A:$TMS tokens are governance tokens that are issued as a reward for interacting with the app, by farming or lending for example.

You’ll be able to harvest your $TMS periodically as you interact with the platform, and you’ll be able to use them to play an integral role in the project’s decision making process!

Since Themis is a DAO, you’ll be able to use your $TMS to vote on decisions that will directly influence the project’s direction.

Any proposals that impact Themis can be submitted by $TMS holders. And the amount of $TMS you hold determines how much weight your vote has.

As for why you should hold onto them, we have several mechanisms in place to make sure that you’ll want to hodl!

As Themis grows in popularity, these tokens may be continually repurchased and destroyed.

Tokenomics：https://blog.themis.exchange/tms-tokenomics-just-dropped-powering-defis-first-and-only-uni-v3-lending-protocol-984c5a27c716

Q: There will be a lot of gas costs with the Ethereum chain. Are you thinking of other ways to do this?

A: Ethereum — Yes, we’re starting with ETH because of the UNIswap V3 TVL. But, we will roll on to different chains as we allow V2 collateral and Staked LP collateral. More to come!

Q:Themis constitutes a strong ecosystem with various functions. I wonder if there are any plans for incineration or buyback to maintain this ecosystem？

A:we will allow the community to vote on this matter.