TL;DR
Overlay Protocol (OVL) will launch on Binance Alpha on August 14th. Eligible users can claim tokens using Alpha Points. Details on the reward amount, distribution method, claim cost, and confirmation deadline are forthcoming. Funding information from CryptoRank is unavailable.
| Detail | Information |
|---|---|
| Token Name | Overlay Protocol |
| Symbol | OVL |
| Launch Platform | Binance Alpha |
| Airdrop Start Time | August 14th |
| Eligibility Threshold | Eligible users with Binance Alpha Points |
| Claim Cost | Binance Alpha Points |
| Reward per User | TBA |
| Distribution Method | Binance Alpha Events page |
| Threshold Adjustment | TBA |
| Confirmation Deadline | TBA |
1000 Users Can Claim New OVL Token on Binance
Binance Alpha will debut Overlay Protocol (OVL) on August 14th. Trading and claiming start at a specified time on the Alpha Events page.
Eligible participants need Binance Alpha Points to claim OVL tokens. The distribution method and token amount require confirmation.
Eligibility thresholds for claiming OVL may change over time. Relevant conditions are yet to be specified.
Details about the claim confirmation deadline and procedures, including consequences of not confirming, are anticipated.
What Is Overlay Protocol (OVL)?
Overlay Protocol, utilizing innovative technology, debuted on Arbitrum on December 18, 2022. It remains exclusive to the Arbitrum platform.
OVL tokens facilitate market positions within the ecosystem, enabling users to long or short trades by locking tokens. The total supply remains unspecified.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/binance-alpha/aug-14-binance-alpha-users-can-claim-ovl-with-alpha-points/