Thales is a decentralized protocol that allows users to take part in peer-to-peer Parimutuel Markets on Optimism and Polygon. The smart contracts at the foundation of Thales Market allow users to participate in markets for different crypto assets. Thales protocol continues to innovate by offering community based games like Thales Royale and more advanced trading products like Ranged Markets.
Traders can take part in custom markets and speculate on real-world events (like timing "The flippening") in an uncensorable and fully permissionless way using the Exotic Markets platform. The straightforward nature of parimutuel markets - paired with nearly infinite possibilities for market making places Thales on the cutting edge of crypto fun.
THALES is a standard ERC-20 token used by community members to govern the Thales protocol and can be acquired and staked to vote on representatives to the Thales Council. Tokens will be distributed as rewards to SNX and THALES stakers, used as funding to grow and maintain the protocol as well as to compensate Core Contributors.