THALES stakers now able to provide liquidity for Overtime’s sports AMM

Available on both Optimism and Arbitrum!

TIP-99 motivation and a brief explanation

Overtime’s AMM lifetime PnL on Optimism

What does it mean to provide liquidity in the AMM?

👉 You can provide liquidity to Overtime’s sports AMM here

Take into consideration that this deployment is decoupled in terms of staking allowance per chain:

If you stake THALES on Optimism you’ll be able to provide liquidity (in sUSD) on that chain, and if you stake THALES on Arbitrum you’ll be able to provide liquidity (in USDC) there.

Providing liquidity exposes you to various risks including potential losses due to users winning against Overtime’s AMM on any given round, as well as smart contract security risks. Also please be aware that the past performance of the AMM cannot predict future performance. Please make sure you understand these risks before depositing.

Time for an example

Closing thoughts

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

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Thales

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