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Overtime launches $OVER token and full Account Abstraction UX
- Overtime, an onchain sportsbook platform, integrates its parent protocol Thales under the Overtime brand, unveiling a new native token, $OVER, and full Account Abstraction for improved user experience.
- Overtime, built on Ethereum, boasts over $200 million in volumes, support for 100+ sports and leagues, 50,000 active users, and 10,000+ unique betting markets.
- The platform offers a decentralized, permissionless sportsbook experience, eliminating traditional barriers like restrictive betting limits and withheld payouts.
- The merger of Thales DAO with Overtime aims to streamline operations and propel growth within the community.
- Overtime introduces Overtime Accounts, employing Particle Network and Biconomy's SDK for seamless wallet creation and smart-account functionalities.
- The new $OVER token, with a total supply of 69.42M, will serve as collateral, undergo buyback & burn mechanisms, and provide governance rights within Overtime's ecosystem.
- Chainlink's CCT token standard facilitates easy cross-network bridging for $OVER on platforms like Optimism, Arbitrum, and Base via Uniswap, Velodrome, and Aerodrome.
- Overtime's onchain sportsbook features include advanced betting options like Parlays, System Bets, SGPs, Live Betting, and Permissionless Liquidity Providing.
- Overtime represents a global movement towards onchain sports betting, emphasizing fairness, transparency, and access without individualized restrictions or user bans.
- Participants in Overtime's ecosystem can benefit from cryptocurrency incentives, rewards, and competition prizes, fostering engagement and liquidity pool contributions.
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