Thales July Digest

Thales
2 min readAug 15, 2024

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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.

Thales Protocol

Upcoming: Thales Council Elections

Overtime Markets

  • Overtime V2 officially launched on Arbitrum while sharing 23 $ARB free bets to all Overtime V1 users with more than $100 on Arbitrum.
  • Overtime V1 is officially deprecated and V2 now the standard offering. Since launching V2 in June…
    $10m in notional volume, 22,600 bets, & 2,900 users!
  • With November fast approaching, Overtime unveiled its political markets!
  • Current Overtime LP performance performance:
    Optimism: +38.74% PnL on USDC & +19.88% PnL on ETH pools in 12 weekly rounds
    Arbitrum: No data to showcase as of now.

Upcoming: [REDACTED] campaign

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.

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Thales

Thales is an Ethereum protocol that allows the creation of novel on-chain, permissionless, and non-custodial Parimutuel Markets.