The Good Tech Companies - Overtime Launches $OVER Token And full Account Abstraction UX

Episode Date: April 2, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/overtime-launches-$over-token-and-full-account-abstraction-ux. As part of the transition, the project has also unveiled a new primary domain and implemented full Account Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #chainwire, #press-release, #blockchain-development, #onchain-data, #account-abstraction, #crypto-sportsbook, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Overtime, an onchain sportsbook platform, has formally integrated its parent protocol, Thales, under the Overtime brand. The consolidation introduces a unified identity for the protocol and coincides with the launch of a new native token.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Overtime launches Dollar Over Token and Full Account Abstraction UX, by Chainwire. Willemstad, Curaçao, April 2, 2025, Chainwire, Overtime, an on-chain sports book platform, has formally integrated its parent protocol, Thales, under the Overtime brand. The consolidation introduces a unified identity for the protocol and coincides with the launch of a new native token, Dollar Over. As part of the transition, the project has also unveiled a new primary domain and implemented full account abstraction integration to enhance the platform's user experience.

With over four years of development, Overtime has established itself as a fully-enchained sportsbook offering functionality comparable to traditional off-chain platforms. Built on the Ethereum network, the protocol emphasizes transparency, security, and immutability. Overtime's operational history includes over $200 million in volumes, support for over 100 sports and leagues, 50,000 active users. More than 10,000 unique betting markets. Users can access the new Overtime domain here. https://www.overtime.io. A decentralized alternative to traditional sports betting Overtime distinguishes itself from traditional bookmakers by operating a fully decentralized, permissionless sportsbook platform.

Anyone can seamlessly access Overtime with a simple connection without the barriers of traditional restrictive betting limits, arbitrary bans, or withheld payouts. Since its inception, Overtime has organically become the primary driver of Thales-Dao growth. Recognizing this growth, the DAO's community unanimously approved, via Thales Improvement Proposal 238, the full merger of Thales DAO to the branding of Overtime. Comprehensive on-chain user experience enabled by full account abstraction with this launch, Overtime is also introducing a new concept, Overtime Accounts, an on-chain smart account designed to abstract wallet and EVM network complexities. Overtime accounts use Particle Network for the seamless creation of wallets via social logins and Bykonomies SDK to handle the smart account functionalities, enabling frictionless transactions through its Paymaster, Bundler, and Session Keys infrastructure. After creating

an Overtime account, users can deposit supported collateral into their designated address to access Overtime's on-chain sportsbook interface. The platform supports features such as parlays, system bets, same-game parlays, SGPs, futures, and live betting. Transactions are executed through an account abstraction framework, removing the need for manual confirmations or the use of ETH to cover gas fees. Overtime's user experience has been designed to minimize blockchain-related complexities, allowing users to engage with the platform's sportsbook features without requiring technical knowledge of underlying blockchain processes. The interface offers a streamlined experience comparable to traditional web applications while maintaining the transparency and self-custody benefits provided by the Ethereum network. https://www.youtube.com, embed, rpjd3fn9 beckon new overtime ux is available here. https://www.overtimemarkets.xyz, The new overtime DAO token, dollar over the

new dollar over token will have a new total supply of 69.42M, compared to the original 100M of the Thales token. This means that 30,58M Thales tokens will be burned in preparation for the migration to dollar over. All Thales token holders will be able to migrate their dollar Thales to dollar over token auto one to one ratio on the new overtime. IO domain. This aligns with the new sustainable tokenomics designed to foster growth and focus it entirely on the dollar over token. The new dollar over token will serve multiple

utilities dollar over as betting collateral. By using dollar over token as collateral on overtime, users will enjoy improved odds, 2% better than baseline odds, compared to other collaterals. This boosts dollar over token usage and aligns token holders with platform users. Buyback and Burn All fees from overtime will flow directly towards dollar over token buybacks, focusing the entire growth of the project towards the token. Burning the buybacks reinforces deflationary token dynamics. Governance token.

Holding dollar over grants voting power within overtime's decentralized governance structure. The dollar over token is built using Chainlink's CCT token standard for easy and secure cross-network bridging using Chainlink's CCIP. The token will be live and liquid on Optimism, Arbitrum, and Base across prominent decentralized exchanges such as Uniswap, Velodrome, and Aerodrome. How Overtime works Overtime innovations are a testament to its industry leadership on-chain parlays, system bets, and SGPs. With its cutting-edge smart contract technology, Overtime brings advanced sportsbook features on-chain.

Live Bedding With the Merkle Tree-based core architecture paired with robust chainlink Oracle infrastructure, Overtime has managed to bring live bedding on-chain without the risks of frontrunning and toxic flow. Permissionless Liquidity Providing Overtime liquidity pools allow anyone to deposit USDC, ETH and BTC collateral to gain exposure to platform performance and act as a counterparty pool against the traders. On-chain free bets infrastructure. Anyone can wrap their tokens and send them as overtime free bets.

Overtime's open free bet solution is a cutting-edge tool for user rewards and onboarding. A global movement Overtime represents an on-chain revolution, a real-life example of how a traditional industry is improved by going on-chain. It is a fair, permissionless, and globally accessible powerhouse that is bound to organically dethrone all classic off-chain platforms. Unlike traditional sportsbooks that may restrict users based on performance, Overtime operates on a fully transparent and on-chain infrastructure. The platform's design ensures that participation is governed by smart contracts, removing the ability to impose user-specific limitations.

Engagement IS determined solely by the interaction between users and the underlying liquidity smart contracts. To date, Overtime has distributed cryptocurrency-based incentives, rewards, and competition payouts amounting to several million dollars in value. Participation in Overtime's promotional campaigns and airdrops is open to all users, subject to eligibility criteria and regional availability. About Overtime Overtime is a fully on-chain sportsbook designed for accessibility, allowing users to connect via social accounts or EVM-compatible wallets. The platform supports multiple cryptocurrencies and provides fiat on-ramp options through credit card payments. Overtime replicates the core functionalities of traditional sportsbooks while operating through decentralized infrastructure. The protocol does not implement user bans or individualized restrictions,

enabling open access to place bets and withdraw funds. Throughout each season, users may be eligible for various forms of incentive-y-estic as cryptocurrency airdrops, free bet credits, and other rewards. Additionally, participants have the option to contribute to the platform's liquidity pool, effectively taking on the role of liquidity providers. Contact Overtime InfoInfo at Overtime.io Tip This story was distributed as a release by Chainswire under Hacker Noon's Business Blogging Program.

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