Overlay Protocol Private Test

About Overlay Protocol Private Test

{"time":1705053877393,"blocks":[{"id":"EGGpC1MWYi","type":"header","data":{"text":"Highlights","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"-gHgHZ2b39","type":"list","data":{"style":"unordered","items":["Overlay Protocol is a decentralized perpetual futures protocol that allows users to long/short exotic data streams with its native token $OV.","Overlay Protocol is making impossible trades possible and provides instant liquid markets without the need for LPs or 3rd party market makers.","After a year of rigorous testing, the token showed deflationary pressure through trading, reducing supply by 7% on testnet.","Overlay Protocol can become the best place for traders to get exposure to multiple sub categories within Crypto from GameFi, DeFi, RWAs etc..","Backed by Polychain, 1kx, ParaFi and others"]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"ssVO0PsezD","type":"header","data":{"text":"Product","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"p6MwyH6wHc","type":"header","data":{"text":"Overlay Protocol is a decentralized platform built on Arbitrum","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"atug9zD0gX","type":"paragraph","data":{"text":"Overlay Protocol is a decentralized perpetual futures protocol that allows users to long/short data streams with its native token $OV. This removes the requirement for counterparties, completely solving the liquidity problem. With its unique approach, Overlay is making impossible trades possible!"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"DAJHb3DGWG","type":"paragraph","data":{"text":"Markets on Overlay can be practically any data stream: temperature deviations, pollution readings, daily Tesla sales, Elon Musk’s tweets, and on and on. The possibilities are endless."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"n34fe-GUyi","type":"paragraph","data":{"text":"💹 For Traders: Unlock an unprecedented asset universe."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"dadNWsm3Mt","type":"paragraph","data":{"text":"📀 Protocols: Transform data into markets, revolutionizing monetization."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"NC_UnLe4Mv","type":"paragraph","data":{"text":"🧧 DeFi: Non-custodial, DAO-governed, secured by robust algorithms."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"xMSG_gK9dq","type":"paragraph","data":{"text":"Backed by 2 audits, 3 successful community tests, and a vibrant community of 10,000+ traders, analysts, and builders, Overlay is forging partnerships with LunarCrush, Chainlink, Truflation, and other key entities to convert metrics into tradable markets."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"WggWXWePNM","type":"image","data":{"file":{"url":"https://assets.polkastarter.com/f054w0jdu0npbib4orprzx4i87wq"},"caption":"","withBorder":false,"stretched":false,"withBackground":false,"url":"https://assets.polkastarter.com/f054w0jdu0npbib4orprzx4i87wq"}},{"id":"C43slS3ROY","type":"header","data":{"text":"Problem","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"GLjaQHmgSM","type":"header","data":{"text":"Lack of accessible and diverse trading options due to liquidity constraints and limited assets","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"jawxN6LKBG","type":"header","data":{"text":"Solution","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"yWJmSWySnr","type":"header","data":{"text":"Overlay Protocol is a decentralized perpetual futures platform designed to transform how we interact with data streams using its native token $OV.","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"EJmDxQ5HQX","type":"list","data":{"style":"unordered","items":["Decentralized Trading:\nOverlay's protocol eliminates liquidity issues, allowing users to long or short a vast array of data streams, unlocking opportunities previously considered impossible.","Limited Tradable Assets:\nOverlay breaks tradable barriers by transforming various data streams—ranging from temperature fluctuations to social media sentiments—into tradable markets.","Data Monetization:\nBy turning diverse data streams into markets, Overlay offers a new way for individuals and entities to derive value from information that was previously underutilized."]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"57Un9G9Zbm","type":"paragraph","data":{"text":"How Overlay works:\n"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"geapF-ywqI","type":"image","data":{"file":{"url":"https://assets.polkastarter.com/j1tdweex8ej1zxg33567ms9lh3bq"},"caption":"","withBorder":false,"stretched":false,"withBackground":false,"url":"https://assets.polkastarter.com/j1tdweex8ej1zxg33567ms9lh3bq"}},{"id":"v7G0Z54_Tz","type":"header","data":{"text":"Business Model","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"oWPqhiiJ7Z","type":"list","data":{"style":"unordered","items":["Trading fees: when users conduct transactions within the ecosystem such as opening or unwinding positions","Funding fees: when users have open positions and need to maintain the positions","Borrowing fees: users pay fees on additional leverage on their positions","Data stream revenue sharing: data stream partners receive a percentage of fees generated in the data markets powered by their data feeds."]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"6yogVRbO5p","type":"header","data":{"text":"The Market","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"M34wxzJ5-l","type":"header","data":{"text":"Expanding Derivatives Trading","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"CZ0rQk88Ma","type":"paragraph","data":{"text":"Only a fraction of possible data streams are derivatives markets today.\nThis is because exchanges need liquidity to spin up markets, but traders are only interested in liquid markets. A classic catch-22. As a result, only a tiny subset of all existing markets are tradable.This means in spite of the large demand for decentralized derivatives trading, centralized platforms still dominate the market with 10x more volume.\nOverlay solves this liquidity dilemma by using the OV token as the settlement currency for the protocol. This means Overlay can offer a much more liquid decentralized derivatives exchange for not just traditional crypto assets but any digital data stream that is available, opening up an entirely new asset class for crypto traders - data streams."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"2-aQVOa8OD","type":"paragraph","data":{"text":"Over time Overlay Protocol will continue to add more exotic markets. The following will be available at launch:"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"QYoMthfD34","type":"list","data":{"style":"unordered","items":["BTC dominance","Overlay circulating supply","Crypto Volatility Index","CS:Go skins"]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"o3BrFHKhhS","type":"header","data":{"text":"Investors","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"CyMeIMa63L","type":"header","data":{"text":"Backed by Polychain Capital, 1kx, ParaFi, Metacartel Ventures, The LAO, and others.","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"Oi1naiFSqj","type":"image","data":{"file":{"url":"https://assets.polkastarter.com/s5aq172ecgza5mbem6n749g116iy"},"caption":"","withBorder":false,"stretched":false,"withBackground":false,"url":"https://assets.polkastarter.com/s5aq172ecgza5mbem6n749g116iy"}},{"id":"4V1ILd65Ci","type":"header","data":{"text":"Team","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"KM0QLnGGSf","type":"header","data":{"text":"A powerhouse of knowledge within a team.","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"xzBpVwgfgH","type":"list","data":{"style":"unordered","items":["Adam Kay, CEO, Autonomy","Wesley Kay, COO + Design, Autonomy","Mert Kaya, Director, Overlay Foundation","Robbie Birrell, Supervisor, Overlay Foundation","Tomas Cohen Imach, Blockchain Lead, Overlay Foundation","Ezequiel Perez, Smart Contract Engineer, Overlay Foundation","Erik Netto, Smart Contract Engineer, Overlay Foundation","Andrés Imach, Frontend Dev, Overlay Foundation","Bùi Hoàng Thái, Community Moderation Lead, Overlay Foundation","Aliona Danyliuk, Full Stack Developer, Autonomy","Nicole Bilaw, Python Developer, Autonomy","Natasha Nakonechna, Design, Autonomy"]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"jEdVNLFcI3","type":"header","data":{"text":"Token Utility","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"UH3ll-esdO","type":"header","data":{"text":"OV is the proposed native token of Overlay Protocol. It is an ERC-20 token on the Arbitrum Mainnet.","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"V3EKCEwjS_","type":"paragraph","data":{"text":"Utilities:"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"cKCEbxcs8s","type":"list","data":{"style":"unordered","items":["Traders: Use $OV to take positions","Protocol: Mints/burns OV upon trade unwind to give PnL","Governance: Vote with $OV to determine the future of the platform, set fees, list and delist markets."]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"DTB03XEUGK","type":"image","data":{"file":{"url":"https://assets.polkastarter.com/9aqop6rtvz0f4yaeawf84l02ygn6"},"caption":"","withBorder":false,"stretched":false,"withBackground":false,"url":"https://assets.polkastarter.com/9aqop6rtvz0f4yaeawf84l02ygn6"}},{"id":"PrwHi1FYN1","type":"image","data":{"file":{"url":"https://assets.polkastarter.com/ueow7m3yxl36o6u1x3lk9hr1vzvu"},"caption":"","withBorder":false,"stretched":false,"withBackground":false,"url":"https://assets.polkastarter.com/ueow7m3yxl36o6u1x3lk9hr1vzvu"}}],"version":"2.27.0"}