Thales

@thales

133 Following

10191 Followers

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A rebrand, token migration, buyback and burn mechanism. Q1 2025 will be huge for Thales and @overtimemarkets. 🦓 https://x.com/OvertimeMarkets/status/1880702342678344166

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The race for 10,000 PYTH continues in January! 🏁 ⚡️ speedmarkets.xyz ⚡️ To claim your share of the pro-rata rewards, simply trade on Speed Markets from Jan 1 - Jan 31. The higher your volume, the greater your rewards: - Choose BTC or ETH, UP or DOWN 🕯️ - Select your time frame ⏱️ - Chain predictions for a 5x boost in your calculated volume ⛓️ 📈 Track your rewards: https://dune.com/leifu/thales-speed-markets-competition-24 Cheers to an incredible year ahead—let’s make 2025 our best year yet! 🦓

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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

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Are you ready to govern? 🫡 The nomination period (1 week, until 11/12) for Thales Council (Thales DAO governance body who votes on Thales Improvement Proposals) has started 🏛️ After this, THALES stakers will vote for their 7 representatives 🗳️ Info 👇 https://thalesmarket.medium.com/the-10th-thales-council-election-3702ed6012db

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2 days remaining until 10,000 PYTH in volume-based, November rewards are distributed to Speed Markets users. 🪂 There's still time to generate some volume (chained Speed Markets will 2x your efforts). ⛓️ ⚡ www.speedmarkets.xyz ⚡ P.S. This is not a Black Friday thing. There's more to come in December. Speed Markets traders are living the life. 🏁⏱️ Check how much you're eligible for: https://dune.com/leifu/thales-speed-markets-competition-24

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The top wallet on Speed Markets by trading volume will earn ~2,500 PYTH in rewards for November only. ⚡️ https://speedmarkets.xyz ⚡️ Where are you on the leaderboard? 👀👇 https://dune.com/leifu/thales-speed-markets-competition-24 If you're not there, you still have plenty of time. Ready, set, trade. 🏁 🏁 🏁

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Thales token has reached a new milestone 🔥🔥🔥 Over 5 million $THALES have been burned since the start of the burning program 🥵 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. It’s getting hot in here!

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Thales Markets' migration from sUSD to USDC as the main collateral is now complete! A few important notes: 🔹 USDC is now the main collateral for Digital Options on Optimism. 🔹 The sUSD Liquidity Pool is deprecated—liquidity providers should withdraw their funds. 🔹 Vaults on Optimism and Arbitrum are also deprecated—liquidity providers should withdraw their funds. Head to thalesmarket.io to manage your liquidity accordingly!

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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.

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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. 🏁⏱️

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what a month it's been

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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. ⛓️ Probably the most degen thing we've developed and will ever develop. ⚡ https://www.speedmarkets.xyz 🏁

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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. 🏁 https://www.speedmarkets.xyz/ 🏁 The rules are simple. Trade on Speed Markets. More volume = higher rewards. Ready? Go! ⏱️ Track your rewards: https://dune.com/leifu/thales-speed-markets-competition-24

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Every week, @overtimemarkets is proof that sports prediction markets are just starting to make a splash in web3. 🦓 Since June, Overtime has managed to: - launch live markets 🔴 - add a ton of new leagues and sports on par with the likes of Draft Kings, Pinnacle, etc. 🏏 - add staked THALES as collateral on the platform, giving users significantly better odds and bonuses 🪙 There are literally 0 reasons to use a centralized sportsbook. Source: https://dune.com/leifu/overtime-v2-dashboard

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Huge news for all THALES stakers and holders 🏛️ 🪙 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 “sTHALES” in the collateral dropdown menu on Overtime. That’s it! 🤜 🤛 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!

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Our friend at DL New just published a research article on Overtime 📰 Check it out! 🤌🏼 https://www.dlnews.com/research/exploring-the-future-of-on-chain-sports-betting-with-thales-protocol-and-overtime-markets/

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Burn, baby, burn 🔥 https://dune.com/leifu/overtime-v2-dashboard

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Sports prediction markets are popular, it seems. Some impressive numbers for @overtimemarkets since V2 launched on June 12.

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