FAQ
Commonly asked questions and answers.
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Commonly asked questions and answers.
Last updated
Was this helpful?
THALES tokens can be acquired on decentralized exchanges like and . You can bridge THALES and ETH to Optimism with the .
Thales also supports Multi-collateral offramping for Speed Markets on Optimism, Arbitrum and Base. This means you pay for a Speed Market position or collect winnings in any of the following: sUSD, USDC(.e), DAI, USDT, ABR, OP, ETH, WETH.
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 protocol is currently operating on , , and networks.
Thales currently supports sUSD (Synthetic USD) as the main collateral across all products hosted on Optimism, with USDC supported on Arbitrum. and
sUSD USDT USDC DAI
sUSD can be purchased from many decentralized exchanges such as , and , or you can mint sUSD by staking SNX at .
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:
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 to vote for nominees of the Thales Council Election for each 6-month epoch.
You can check out the page for an explanation of how Thales is governed, as well as the page for steps to submit them.
As per , submitters are incentivized with THALES tokens for successfully implemented TIPs. See the for more information on incentivized TIPs.
Follow Thales on for info on upcoming competitions!
