âFrequently Asked Questions (FAQ)
Commonly asked questions and answers.
What is Thales Protocol?
Thales Protocol is a suite of smart contracts on the Ethereum Network that provides a Liquidity and Market Making layer for probability based markets settled by various Oracle Data sources (e.g. Digital Options, Sports Markets, Prediction Markets etc).
Does Thales Protocol have a token?
The THALES token is the foundation and the governance token of the Thales Protocol. By staking THALES token, staker is granted Governance Voting Power, THALES Staking Rewards, Gamified Rewards and SafeBox Rewards.
THALES token versions across chains:
What are the main products of Thales Protocol?
đ Onchain Digital Options - Permissionless architecture for Onchain Digital Options powered by the tokenized Positional Markets collateralization architecture and the ThalesAMM market making based on decentralized Oracle probability pricing.
âŊ Onchain Sports markets - Permissionless architecture for Onchain Sports Markets powered by tokenized Sports Markets and Parlay collateralization architecture and the SportsAMM market making based on decentralized Oracle provided Sports Data for Odds and Results.
Which forms of collateral does Thales Protocol architecture support?
These assets are atomically swapped to core collateral and settled within each trade, and those are:
Can I integrate Thales contracts and build my own dApp?
Thales Protocol smart contract provide a Liquidity and Market Making layer for onchain Sports Markets and onchain crypto Digital Options.
Anyone can use the Thales APIs to access the pricing data and execute and settle trades that happen on the Thales Protocol smart contracts.
To get started integrating Thales Sports Markets to you application, use this link:
To get started integrating Thales Digital Options to your application, use this link:
Are there any examples of dApps that are powered by Thales Protocol smart contracts?
Onchain Sports Markets Automated Market Maker (AMM) interface with integrated Parlay AMM architecture. Built on top of Thales Protocol technology, Overtime offers seamless user experience for all sports enthusiasts while bolstering transparent full collateralization at all times and permissionless security of the Ethereum network.
Onchain Digital Options trading platform that utilizes an Chainlink data feeds, Automated Market Maker, on-demand liquidity and collateralization architecture of the Thales Protocol Smart Contracts to provide itâs users non-custodial, permissionless and simple-to-use derivatives trading.
Telegram Bot application that uses Thales Protocol smart contracts to settle trades
Spongly is Sports Markets dapp built on top of Thales' SportsAMM and ParlayAMM with a social twist. Take an opportunity to copy trade best sports traders, view individual wallets success rates and have a more detailed overview of all global parlay tickets. Use trading wisdom of the best to your own advantage!
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