> For the complete documentation index, see [llms.txt](https://thenastrategy.gitbook.io/thena-strategy/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://thenastrategy.gitbook.io/thena-strategy/documentation/overview.md).

# Overview

<figure><img src="/files/sM9JgIzWPdvuVzbOIeAJ" alt=""><figcaption></figcaption></figure>

Thena Strategy is a protocol designed to accumulate Thena veTHE exposure and use the resulting rewards to buy back and burn its native token `$THESTRAT`.

`$THESTRAT` is a strategy token that converts trading activity into growing veTHE exposure, and uses the yield generated from that exposure to permanently reduce its own supply.

Incubated by [MCLB DAO](https://mclb.org/) and inspired by [AeroStrategy](https://www.aerostrategy.finance/), Thena Strategy creates a **continuous, self-sustaining feedback loop** that converts trading activity into:

* Permanent veTHE governance power
* Recurring, external yield
* Reduced token supply
* Progressively stronger liquidity over time