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❔Frequently Asked Questions (FAQ)

Commonly asked questions and answers.

chevron-rightWhat is Thales Protocol?hashtag

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).

chevron-rightDoes Thales Protocol have a token?hashtag

The THALES tokenarrow-up-right 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:

THALES Token Infoarrow-up-right

chevron-rightWhat are the main products of Thales Protocol?hashtag

  • 📈 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.

  • ⚽ 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.

chevron-right On what networks is Thales Protocol deployed?hashtag

Thales Protocol is currently operating on Optimismarrow-up-right, Arbitrumarrow-up-right, Polygonarrow-up-right and Basearrow-up-right networks.

:optimism: :polygon: ​ ​

chevron-rightWhich forms of collateral does Thales Protocol architecture support?hashtag

Thales Protocol contracts currently accept sUSD:sUSD:, USDCe:USDC:, USDC:USDC:, DAI:DAI:, USDT:USDT:, ETH, WETH,ARB and OP:optimism: for trades execution.

These assets are atomically swapped to core collateral and settled within each trade, and those are:

:sUSD:sUSD (Synthetix USD) on Optimism

:USDC:USDC on Arbitrum, Base and Polygon

chevron-rightCan I integrate Thales contracts and build my own dApp?hashtag

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:

chevron-rightAre there any examples of dApps that are powered by Thales Protocol smart contracts?hashtag

Overtimearrow-up-right

  • 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.

Thales Marketsarrow-up-right

  • 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 it’s users non-custodial, permissionless and simple-to-use derivatives trading.

BookieBotarrow-up-right

Telegram Bot application that uses Thales Protocol smart contracts to settle trades

Sponglyarrow-up-right

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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