This is the spot for all of Thales latest developments and important protocol upgrades in one place in a very condensed manner, so it can be consumed in just a few minutes. Some links are added when relevant for those who wish to dive deeper into any of the subjects mentioned.
Let’s go!
Thales protocol
- Thales Tokenomics V2 were implemented. Thales stakers have been successfully claiming protocol fees, accounting for a ≈20% APY in stables.
- Chainlink CCIP was integrated. The interchain CCIP mechanism allows users and the protocol to seamlessly offer unified staking across Base, Optimism, and Arbitrum.
- Speed Markets available on ZK Sync. Thales short term expiry markets, known as Speed Markets are now available on a new chain!
- The Thales team will be present at ETH Denver, come say hi!
- Thales AMM LP performance performance so far per chain:
Optimism: +10.06% PnL in 38 weekly rounds (+ 2.38% this month)
Arbitrum: +8.72% PnL in 38 weekly rounds (+3.92% this month) - Upcoming: Speed Markets on Solana
Overtime Markets
- NFL Playoff campaign
Overtime deployed 40,000 $ARB in reward from the STIP grant for the duration of the NFL playoffs. Coming up with 10,000 $ARB tokens, the Superbowl LVIII in Las Vegas between the Chiefs and 49ers! - Overtime All Time highs
The web3 sportsbook has seen record amount of volume and users in the beginning of 2024! Over 1500 users have driven $2m through the sports AMM on the second week of January - Overtime users can now connect to the dApp using Social Logins!
Thanks to particle network, you can now use Overtime by connecting via Google, Twitter, and other popular web2 services. - Overtime Sports AMM LP performance so far per chain:
Optimism: +61.49% PnL in 47 weekly rounds (-5.57% this month)
Arbitrum: +63.09% PnL in 47 weekly rounds (+2.96% this month) - Overtime Parlays AMM LP performance so far per chain:
Optimism: +25.59% PnL in 33 weekly rounds (+4.31% this month)
Arbitrum: +25.35% PnL in 33 weekly rounds (+13.79% this month) - Upcoming: PWA
Let’s stay connected
The best way to stay up-to-date with Thales and Overtime’s latest developments, and also actively participate with ideas, suggestions, and feedback is to join Thales Discord.
Make sure to also follow Thales and Overtime on Twitter.
Until the next monthly digest!
