Overlay Protocol is a decentralized platform built on Arbitrum, and offers users the ability to build positions on a market or data stream without traditional counterparties (liquidity providers or market makers) taking the other side of the position. The protocol can offer markets on ANY non-manipulable & non-predictable numerical data feed.
Overlay Protocol
Overlay is airdropping 1.5% of the total supply of OV tokens to testnet participants. Users who join their testnet campaign and make trades are eligible for the share. There will also be an additional airdrop to ex-OVL holders, PlanckCat DAO NFT Holders, Overlay Hoodie buyers, and Overlay NFT holders.
Step-by-Step Guide:
- Visit the Overlay testnet page.
- Connect your wallet.
- Change the network to Arbitrum Sepolia.
- Join their Discord channel and get some testnet ETH and OV from the #claim-ovl channel.
- Now go back to the Overlay testnet page and make trades.
- Also, complete their Galxe quest.
- A total of 1.5% of the total OV supply will be airdropped to testnet participants.
- They’re also airdropping ex-OVL holders, PlanckCat DAO NFT Holders, Overlay Hoodie buyers, and Overlay NFT holders. You can check the eligibility from here.
- For more information regarding the testnet airdrop, read this article.
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