Willemstad, Curaçao, April 2nd, 2025, Chainwire
Additional time, an onchain sportsbook platform, has formally built-in its guardian protocol, Thales, beneath the Additional time model. The consolidation introduces a unified identification for the protocol and coincides with the launch of a brand new native token, $OVER. As a part of the transition, the undertaking has additionally unveiled a brand new major area and applied full Account Abstraction integration to reinforce the platform’s consumer expertise.
With over 4 years of improvement, Additional time has established itself as a totally onchain sportsbook providing performance similar to conventional offchain platforms. Constructed on the Ethereum community, the protocol emphasizes transparency, safety, and immutability. Additional time’s operational historical past consists of:
- Over $200 million in volumes
- Assist for over 100 sports activities and leagues
- 50,000 lively customers
- Greater than 10,000 distinctive betting markets
Customers can entry the brand new Additional time area right here: https://www.time beyond regulation.io/
A Decentralized Various to Conventional Sports activities Betting
Additional time distinguishes itself from conventional bookmakers by working a totally decentralized, permissionless sportsbook platform. Anybody can seamlessly entry Additional time with a easy connection with out the limitations of conventional restrictive betting limits, arbitrary bans, or withheld payouts.
Since its inception, Additional time has organically change into the first driver of Thales DAO development. Recognizing this development, the DAO’s neighborhood unanimously accepted (through Thales Enchancment Proposal 238) the complete merger of Thales DAO to the branding of Additional time.
Complete Onchain Consumer Expertise Enabled by Full Account Abstraction
With this launch, Additional time can be introducing a brand new idea: Additional time Accounts—an onchain sensible account designed to summary pockets and EVM community complexities.
Additional time Accounts use Particle Community for the seamless creation of wallets through Social Logins, and Biconomy’s SDK to deal with the smart-account functionalities, enabling frictionless transactions via its Paymaster, Bundler, and Session Keys infrastructure.
After creating an Additional time Account, customers can deposit supported collateral into their designated deal with to entry Additional time’s onchain sportsbook interface. The platform helps options reminiscent of parlays, system bets, same-game parlays (SGPs), futures, and dwell betting. Transactions are executed via an account abstraction framework, eradicating the necessity for guide confirmations or the usage of ETH to cowl fuel charges.
Additional time’s consumer expertise has been designed to attenuate blockchain-related complexities, permitting customers to interact with the platform’s sportsbook options with out requiring technical data of underlying blockchain processes. The interface gives a streamlined expertise similar to conventional net purposes whereas sustaining the transparency and self-custody advantages offered by the Ethereum community.
A brand new Additional time UX is obtainable right here: https://www.overtimemarkets.xyz/
The brand new Additional time DAO token: $OVER
The brand new $OVER token can have a brand new complete provide of 69.42M, in comparison with the unique 100M of the THALES token. Which means that 30.58M THALES tokens will probably be burned in preparation for the migration to $OVER. All THALES token holders will have the ability to migrate their $THALES to $OVER token at a 1:1 ratio on the brand new time beyond regulation.io area. This aligns with the brand new sustainable tokenomics designed to foster development and focus it completely on the $OVER token.
The brand new $OVER token will serve a number of utilities:
- $OVER as Betting Collateral: Through the use of $OVER token as collateral on Additional time, customers will get pleasure from improved odds (2% higher than baseline odds) in comparison with different collaterals. This boosts $OVER token utilization and aligns token holders with platform customers.
- Buyback & Burn: All charges from Additional time will stream immediately in the direction of $OVER token buybacks, focusing your complete development of the undertaking in the direction of the token. Burning the buybacks reinforces deflationary token dynamics.
- Governance Token: Holding $OVER grants voting energy inside Additional time’s decentralized governance construction.
The $OVER token is constructed utilizing Chainlink’s CCT token customary for simple and safe cross-network bridging utilizing Chainlink’s CCIP. The token will probably be dwell and liquid on Optimism, Arbitrum, and Base throughout distinguished decentralized exchanges reminiscent of Uniswap, Velodrome, and Aerodrome.
How Additional time works
Additional time improvements are a testomony to its business management:
- Onchain Parlays, System Bets, and SGPs: With its cutting-edge sensible contract expertise, Additional time brings superior sportsbook options onchain.
- Dwell Betting: With the Merkle Tree-based core structure paired with sturdy Chainlink oracle infrastructure, Additional time has managed to convey Dwell Betting onchain with out the dangers of frontrunning and poisonous stream.
- Permissionless Liquidity Offering: Additional time Liquidity Swimming pools enable anybody to deposit USDC, ETH, and BTC collateral to achieve publicity to platform efficiency and act as a counterparty pool towards the merchants.
- Onchain Free Bets infrastructure: Anybody can wrap their tokens and ship them as Additional time Free Bets. Additional time’s open Free Bets resolution is a cutting-edge instrument for consumer rewards and onboarding.
A world motion
Additional time represents an onchain revolution, a real-life instance of how a conventional business is improved by going onchain. It’s a honest, permissionless, and globally accessible powerhouse that’s certain to organically dethrone all basic offchain platforms.
Not like conventional sportsbooks that will limit customers primarily based on efficiency, Additional time operates on a totally clear and onchain infrastructure. The platform’s design ensures that participation is ruled by sensible contracts, eradicating the flexibility to impose user-specific limitations. Engagement is set solely by the interplay between customers and the underlying liquidity sensible contracts.
Thus far, Additional time has distributed cryptocurrency-based incentives, rewards, and competitors payouts amounting to a number of million {dollars} in worth. Participation in Additional time’s promotional campaigns and airdrops is open to all customers, topic to eligibility standards and regional availability.
About Additional time
Additional time is a totally onchain sportsbook designed for accessibility, permitting customers to attach through social accounts or EVM-compatible wallets. The platform helps a number of cryptocurrencies and offers fiat onramp choices via bank card funds. Additional time replicates the core functionalities of conventional sportsbooks whereas working via decentralized infrastructure. The protocol doesn’t implement consumer bans or individualized restrictions, enabling open entry to position bets and withdraw funds. All through every season, customers could also be eligible for numerous types of incentives reminiscent of cryptocurrency airdrops, free guess credit, and different rewards. Moreover, members have the choice to contribute to the platform’s liquidity pool, successfully taking up the function of liquidity suppliers.
Contact
Additional time Information
information@time beyond regulation.io
