324452
Thales

@thales #324452

Prediction markets @ Ethereum ๐Ÿ›๏ธ ๐Ÿ”ต Protocol: thales.io Digital Options: thalesmarket.io & www.speedmarkets.xyz Overtime Markets: overtimemarkets.xyz
14538 Follower 133 Following
Something you all have probably been waiting for.

The founder of Thales and @overtimemarkets puts forward his vision of merging Thales Protocol to Overtime and the launch of the official $OVER token!

2025 is en route to being historic.

Blog post: https://thalesmarket.medium.com/its-soooo-over-0e6d8f9a5921
Are you ready to govern? ๐Ÿซก

The nomination period (1 week, until 11/12) for Thales Council (Thales DAO governance body who votes on Thales Improvement Proposals) has started ๐Ÿ›๏ธ

After this, THALES stakers will vote for their 7 representatives ๐Ÿ—ณ๏ธ

Info ๐Ÿ‘‡
https://thalesmarket.medium.com/the-10th-thales-council-election-3702ed6012db
2 days remaining until 10,000 PYTH in volume-based, November rewards are distributed to Speed Markets users. ๐Ÿช‚

There's still time to generate some volume (chained Speed Markets will 2x your efforts). โ›“๏ธ

โšก www.speedmarkets.xyz โšก

P.S. This is not a Black Friday thing. There's more to come in December.

Speed Markets traders are living the life. ๐Ÿโฑ๏ธ

Check how much you're eligible for: https://dune.com/leifu/thales-speed-markets-competition-24
The top wallet on Speed Markets by trading volume will earn ~2,500 PYTH in rewards for November only.

โšก๏ธ https://speedmarkets.xyz โšก๏ธ

Where are you on the leaderboard? ๐Ÿ‘€๐Ÿ‘‡

https://dune.com/leifu/thales-speed-markets-competition-24

If you're not there, you still have plenty of time.

Ready, set, trade. ๐Ÿ ๐Ÿ ๐Ÿ
Thales token has reached a new milestone ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ

Over 5 million $THALES have been burned since the start of the burning program ๐Ÿฅต

Almost 10% of the circulating supply is gone forever.

Currently, Thales tokens are burned through the buy-back and burn program and performance fees from users betting with $THALES on @overtimemarkets , which is seeing all-time high volumes weekly.

Itโ€™s getting hot in here!
Thales Markets' migration from sUSD to USDC as the main collateral is now complete!

A few important notes:

๐Ÿ”น USDC is now the main collateral for Digital Options on Optimism.
๐Ÿ”น The sUSD Liquidity Pool is deprecatedโ€”liquidity providers should withdraw their funds.
๐Ÿ”น Vaults on Optimism and Arbitrum are also deprecatedโ€”liquidity providers should withdraw their funds.

Head to thalesmarket.io to manage your liquidity accordingly!
650,000 THALES tokens were just burned on Ethereum mainnet.
https://etherscan.io/tx/0x803322f5c8764a4397b9cf3b83f76aa5accf265828cdab85cdc0b0cd5c690143

This THALES was accrued from trading fees on @overtimemarkets and buyback and burn mechanics in the last month alone.

The amount burned today represents 1.2% of circulating supply.

More and more users use THALES on @overtimemarkets to get the best odds, and thus the amount of fees collected grows.
Still the easiest way to earn 10,000 PYTH while the market is all over the place.

Trade on Speed Markets over a cup of coffee, win volume-based rewards at the end of the month.

It's that simple. ๐Ÿโฑ๏ธ
what a month it's been
We built Speed Markets because people wanted crypto price prediction markets that would get resolved in 1 hour.

Today, they can be resolved in 5 minutes and you can chain up to six of them. โ›“๏ธ

Probably the most degen thing we've developed and will ever develop.

โšก https://www.speedmarkets.xyz ๐Ÿ
Is it Uptober yet? 'cause 20,000 PYTH have been distributed to Speed Markets users for September!

Now, 10,000 PYTH in volume-based rewards await you from Oct 1 - Oct 31.

๐Ÿ https://www.speedmarkets.xyz/ ๐Ÿ

The rules are simple. Trade on Speed Markets. More volume = higher rewards.

Ready? Go! โฑ๏ธ

Track your rewards: https://dune.com/leifu/thales-speed-markets-competition-24
Every week, @overtimemarkets is proof that sports prediction markets are just starting to make a splash in web3. ๐Ÿฆ“

Since June, Overtime has managed to:

- launch live markets ๐Ÿ”ด
- add a ton of new leagues and sports on par with the likes of Draft Kings, Pinnacle, etc. ๐Ÿ
- add staked THALES as collateral on the platform, giving users significantly better odds and bonuses ๐Ÿช™

There are literally 0 reasons to use a centralized sportsbook.

Source: https://dune.com/leifu/overtime-v2-dashboard
Huge news for all THALES stakers and holders ๐Ÿ›๏ธ ๐Ÿช™

Staked THALES can now be used as collateral on @overtimemarkets! This allows you to trade while passively earning protocol and staking rewards. It elevates staked THALES from a mostly passive asset into a Liquid Staking Token.

If you're a staker, you no longer need to unstake, wait, and go through extra steps like before. If you're holding THALES for trading on Overtime but aren't staking, this is a huge incentive to do so & earn extra yield.

To trade using staked THALES, select โ€œsTHALESโ€ in the collateral dropdown menu on Overtime. Thatโ€™s it! ๐Ÿคœ ๐Ÿค›

If you win the wager, the winnings automatically get added to your staked balance. Likewise, if you lose, the amount is removed from your staked balance.

Head on over to https://overtimemarkets.xyz and give the new collateral a try!
Our friend at DL New just published a research article on Overtime ๐Ÿ“ฐ

Check it out! ๐ŸคŒ๐Ÿผ
https://www.dlnews.com/research/exploring-the-future-of-on-chain-sports-betting-with-thales-protocol-and-overtime-markets/
Sports prediction markets are popular, it seems. Some impressive numbers for @overtimemarkets since V2 launched on June 12.
The easiest way to grab a 20,000 PYTH airdrop. Use Speed Markets and get those volume based rewwards. Literally everyone will win something.
20,000 PYTH for all Speed Markets traders during September!

โšก https://www.speedmarkets.xyz/ โšก

No need to worry about speeding this month ๐Ÿš“ @pythnetwork ๐Ÿ”ฎ got that covered with real-time feeds. Throughout the month of September, trade on Speed Markets and you could earn up to 20,000 PYTH rewards distributed pro-rata based on your trading volume.

Participating is easy: drive as much Speed Markets volume and get a chunk of the prize pool.

Want to up the stakes and get boosted volume? Try chaining markets! You'll receive a +1x volume multiplier for each chained market. So, chaining 5 consecutive markets grants you a 5x volume multiplier for that trade volume. ๐Ÿงฎ

Track your progress on the curated Dune dashboard ๐Ÿ“Š
https://dune.com/leifu/thales-speed-markets-competition-24

Good luck, Speedsters! And donโ€™t forget to flex those winning tickets! ๐Ÿ’ช โšก
Have you checked out the new XP system on @overtimemarkets yet?

Onchain sports prediction markets are way ahead of traditional bookies in so many ways.
We just registered for the SUNNY Awards ๐Ÿ”ดโ˜€๏ธ
Make sure to check out the latest news on @overtimemarkets
Are you ready to govern?๐Ÿ›๏ธ

The nomination period for Thales Council has started.

In a week, THALES stakers will vote for their 7 representatives ๐Ÿ—ณ๏ธ

Details below ๐Ÿ‘‡๐Ÿผ
https://thalesmarket.medium.com/thales-council-election-calling-all-thales-stakers-695fead9e83a
This is the last day of the Speed Markets trading competition โฑ๏ธ ๐Ÿ

Get your final trades in and see if you can get into one of the 3 winning categories that will share the 30,000 $PYTH prize pool. ๐Ÿ”ฎ

Check where you are on the leaderboard ๐Ÿ‘‡

https://dune.com/leifu/thales-speed-markets-competition-17-july-17-aug-2024