1. Project Introduction

Overlay, an innovative protocol that allows users to trade streaming data without relying on traditional counterparties, recently announced a multi-million dollar investment from Polychain and support from the Arbitrum Foundation, further consolidating its position in the decentralized finance (DeFi) space.

2. Airdrop Operation Process

  1. Add Overlay testnet to Metamask

    • Visit https://chainlist.org/chain/421614

    • Connect your wallet, select and add the Overlay testnet to Metamask.

  2. Get testnet ETH

    • Go to https://alchemy.com/faucets/arbitrum-sepolia

    • Enter your wallet address to get testnet ETH.

  3. Participate in the Overlay community and receive airdrops

    • Visit Overlay official documentation

    • Join the Discord server, authenticate, and follow the prompts in the #claim-own and #get-ovl channels to claim your airdrop.

  4. Trading on the Overlay Testnet

    • Access the Overlay App

    • Connect your wallet and switch to the Arbitrum Sepolia testnet.

    • Trade on the marketplace and increase your number of interactions with the platform to increase your airdrop rewards.

  5. Earn points and view leaderboards

    • Visit Overlay Leaderboard

    • Earn points by interacting with the platform and making transactions, and the points are updated every Thursday.

    • Points are awarded based on your trading behavior and PnL (profit and loss), with the biggest rewards coming from maintaining a positive PnL.

  6. Claim a character on Guild.xyz

    • Visit https://guild.xyz/overlay

    • Log in and claim roles associated with Overlay, some projects will distribute rewards based on your social activity.

3. Notes

  • Each account can only receive faucet rewards once, please trade with caution.

  • Please ensure that you fully understand the Overlay project and its risks, and invest with caution.

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