The Ananke release

Thales
3 min readOct 27, 2021

Listening to the community’s feedback

This post will present the most relevant changes included in Thales’ latest release based on the feedback from our dear community, the mighty Titans.

We know the number one thing that Thales’ users want is cheaper transaction fees, and we are laser-focused in bringing Thales into Optimism as soon as we can, given that the next OP mainnet regensis (scheduled for November 11th) goes without hiccups.

In the meantime, we continue improving the Thales platform, engaging with the community, and crafting entertaining events (like the current incentivized trading competition and others to come).

Continuing with the trend set in this post, this release is called Ananke, the goddess of inevitability 👀

The Ananke release

Here’s a brief summary:

  • In-app swapping for sUSD. You can now swap ETH, USDT, USDC, and DAI for sUSD directly. On Thales platform, check the top right corner to find this option.
Swap it up!
  • Profile refactoring. We’ve improved how we display data related to the trades and positions being held.
  • L2 logic support. In this release we’ve included some logic in preparation for expansion to the Optimism network (Layer 2).
  • Misc. bug fixing.
Feels good

You can find the GitHub release notes here.

What’s next?

We are reaching the final lap of Thales’ first trading competition (ends on November 1st, 70k+ USD equivalent in prizes!) and while we continue making all the needed adjustments and tests for L2 deployment we are developing a new concept: Thales Royale

We can’t reveal much about it (yet) so stay tuned if you want to know more!

As you may already know, THALES token staking is already live (with over 1.7 million THALES tokens staked!) and it’s distributing 50,000 THALES weekly (per epoch) among those who stake.

We encourage you to read the blog post to get all the details and follow this detailed guide on how to stake.

If you prefer to be a liquidity provider we remind you that the THALES/ETH liquidity on DODO has dual rewards: 50,000 THALES and 15,000 DODO to be distributed weekly with no lockup nor vesting.

You can find a detailed guide on how to do this here.

Remember, the best thing you can do to get involved or stay in the loop with Thales’ developments is to join our Discord.

Thanks a lot for being with us on this journey 🙌

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Thales

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