The Overtime platform has been merged with its parent protocol Thales, launching a new $OVER token and implementing full Account Abstraction integration to enhance user experience.
Integration of Overtime and Thales
Overtime has been consolidated with Thales to introduce a unified brand. This transition coincided with the launch of the new $OVER token. Since its inception, Overtime has developed as a fully onchain sportsbook platform available on Ethereum, emphasizing transparency and security.
$OVER Token and Its Features
The new $OVER token will have a total supply of 69.42 million, which involves burning 30.58 million THALES tokens. The $OVER token serves several purposes, including usage as betting collateral, supporting a buyback & burn mechanism, and providing voting rights within Overtime's decentralized governance.
Overtime's Functionality and New Features
Through full account abstraction, Overtime users can enjoy simplified transactions and a new interface. The platform supports features such as parlays, system bets, and live betting, making it an appealing alternative to traditional bookmakers.
The integration with Thales and the introduction of the $OVER token strengthen Overtime's position as a leading onchain sportsbook platform, providing users with new opportunities and benefits.
