Overlay Protocol is an on-chain perpetual DEX for exotic assets and its currently running a Testnet airdrop campaign which is backed by Polychain Capital, a leading blockchain investment firm. 1.5% of total $OV token supply will be allocated to participants. The campaign has been lived for a while but there’s still have time to join as more Testnets will be added soon.
What is Overlay Protocol?
Overlay Protocol is a decentralized platform that aims to revolutionize the way data is stored and managed on the blockchain. By leveraging cutting-edge technologies such as decentralized storage solutions and smart contracts, Overlay Protocol provides a secure and efficient ecosystem for data storage and management.
Step-by-Step Guide to Get the Airdrop:
1. Claim Tokens
Go to Overlay Protocol, begin by accessing the Overlay Protocol Testnet and claiming Arbitrum Sepolia Testnet ETH and Testnet OVL tokens at the top banner of the website. Make sure to connect your wallet.
Once you access the Testnet page, do the reCAPTCHA then click “Claim“. A message will appear that you can claim extra Testnet tokens on their Discord.
2. Join Discord
Navigate to the project’s Discord channel, where additional Testnet tokens can be claimed, providing participants with more resources for trading activities. Head to #get-verified then hit the check emoji.
After getting verified, go to #claim-ovl then click “Start”. You will be awarded the role OVL Testnet token holder.
Proceed to #get-ovl, type /faucet then enter your wallet address. You will receive 100 OVL and 0.0069 test ETH.
3. Interact with Overlay Protocol
Upon claiming tokens, interact with Overlay Protocol by performing trades on the platform. Remember, the key to earn points for the airdrop is active and successful trading.
4. Monitor Leaderboard
Keep track of your progress on the Leaderboard, where points are updated weekly. Trading often and effectively is crucial to climbing the ranks and maximizing your rewards.
5. Engage in Guild Activities
Don’t overlook the potential benefits of participating in guild activities within Overlay Protocol’s Discord community. Completing tasks in Guild may yield additional rewards and opportunities.