Introduction to Thales Protocol Thales Protocol is a set of smart contracts on the Ethereum Network that offers an easy-to-integrate liquidity and automated market making layer for probability-based markets such as digital options and sports markets, which are settled using various on-chain oracle data sources. Purpose of the Thales Protocol By providing a secure, transparent, and decentralized infrastructure for traders and liquidity providers, Thales Protocol has transformed probability-based exclusive-outcome markets globally. It acts as a publicly accessible on-chain automated market making system that enables traders to take positions on sports, digital options, and other markets against collateral supplied by AMM liquidity providers. How Thales solved the Market Making challenge in...
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