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FAQ
Commonly asked questions and answers.
THALES tokens can be acquired on decentralized exchanges like Uniswap and 1inch. You can bridge THALES and ETH to Optimism with the Celer cBRIDGE.
Thales currently support sUSD (Synthetic USD) as the main collateral across all products hosted on Optimism, with USDC supported on Arbitrum. Positional Markets and Ranged Markets on Optimism also support USDT, USDC and DAI as collateral.
sUSD 
USDT 
USDC 
DAI 
Thales also supports USDC.e or bridged USDC
sUSD can be purchased from many decentralized exchanges such as Curve, Uniswap and Sushiswap, or you can mint sUSD by staking SNX at https://staking.synthetix.io/.
Thalesmarket.io Marketplace provides users with the ability to purchase positions on Crypto Prices with a specific strike price at a predetermined expiry date for any integrated asset with available ChainLink data feeds. The following assets are currently available for trading:
- Optimism: BTC, ETH, OP, SNX, LINK, XRP, BCH, LTC, SOL, PEPE, XAG (Silver) and XAU (Gold)
- Arbitrum: BTC, ETH, ARB, DPX, GMX, MAGIC, XRP, SOL, PEPE, XAG, XAU
- Polygon: BTC
THALES is a governance token that can be staked. All other use cases for the token will be decided by community governance.
THALES stakers are given voting power based on their proportion of the total staked amount of THALES. Once you've staked THALES you can use the Governance page to vote for nominees of the Thales Council Election for each 6-month epoch.
You can check out the Thales Governance Structure page for an explanation of how Thales is governed, as well as the Thales Improvement Proposals (TIPs) page for steps to submit them.
As per TIP-154, submitters are incentivized with THALES tokens for successfully implemented TIPs. See the Thales Improvement Proposals (TIPs) for more information on incentivized TIPs.
Last modified 19d ago