Overlayer | Testnet is live @overlayerfi
Upgrading stablecoins into productive on-chain capital. Non-custodial. Fully backed. Non-rebasing. overlayer.fi Ethereum Joined July 2024-
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@StaniKulechov This will also make it easier for less experienced users, attracted only by yields, to get exposure to risky assets. Will there be a proper screening of the listed assets, or will the current ones be maintained?
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After the first community proposal passed, many users asked for an even higher ORIGIN prize threshold. Before pushing scarcity further, this is worth reading. 👇
Accessibility vs Scarcity. The hidden trade-off of every reward campaign. Too easy, and growth becomes noise. Too strict, and quality becomes friction. Arbitrum showed one side. LayerZero showed the other. Now it is Overlayer’s turn. 🧵1/12
#Ethereum dropped close to $1,700. That's the heaviest liquidation of the year. But this is not the end. Volatility is where noise gets louder, and where real builders keep building. Overlayer keeps moving. See what’s coming. Panic fades. Infrastructure stays.
The first Overlayer Community Proposal has officially passed. 3,179 votes in favor. 81 votes against. The ORIGIN reward eligibility threshold will increase to 15,000 Points. Community spoke. Overlayer evolves.
@lmrankhan Try the tesnet
gm. 1 day left to vote on the proposal in Discord. This one is shaped by the community, so make sure your voice is in there. . . . And remember your daily tasks
@0xvietnguyen Look how lucky you are, checkout our testnet
@CryptoRank_io @arc @fhenix @bulktrade @ambient_xyz I can see a project is missing here
@CoinMarketCap Testnet.
@Nick_Researcher @ethena @OndoFinance Soon there will be a need for one more spot in that image.
The first transaction snapshot is complete. Eligible wallets received 5 ORIGIN Points for every testnet transaction included in the snapshot. Block by block. Real activity gets recognized. More snapshots will be taken at random points during the campaign to keep ORIGIN fair.
@JuiNilufa We done it 🙌
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