TL;DR
The article above is a non-comprehensive list of everything Overlay should accomplish. It is not in any particular order. Over the next few months, a general order could be as follows:
May - June
More markets
UI/UX Improvements
Spot Liquidity and Open Beta
Liquidity Mining
Basis Trading Vaults
July - August
Semi-Automatic Market Onboarding
UI/UX Improvements | Decentralized Front end
Community Growth
DAO Governance
MultiCollateral
September - October
UI/UX Improvements
Augmented Orders
NFT Trading Cards
V2 Code Redesign (in parts)
Audits
Overlay Protocol is set to reshape the world of decentralized finance by offering unique and engaging trading experiences. We are excited to present our ambitious roadmap for the future development of Overlay, showcasing the cutting-edge features and enhancements we have in store. We are also extending an open invitation to all crypto and DeFi enthusiasts, developers, and entrepreneurs to join us in building this extraordinary ecosystem.
Open Invitation to Innovators: As we continue to develop and expand the Overlay Protocol, we invite all creative minds in the DeFi and crypto space to join our community and help us build the future together. Whether you are a developer, strategist, or someone with a passion for design and innovation, there is a place for you at Overlay. Together, we can revolutionize the world of DeFi.
The below roadmap is a non-comprehensive list of everything Overlay needs. If you are someone who is looking to get involved, but don’t know where to start, look no further. Read on to explore all the opportunities to get involved Overlay has.
Our primary goal is to create an unparalleled trading experience, and that starts with offering a diverse array of markets on Overlay. Before our full launch, we will work tirelessly to integrate an extensive range of markets to ensure that our users have access to the most captivating opportunities in the DeFi space. At the time of writing, the core team is currently vetting coding to automate the onboarding of new markets. Our focus will be on:
Crypto Pairs: We will support a short selection of cryptocurrency pairs, including major coins as well as emerging tokens. This will provide users with the opportunity to participate in both well-established and up-and-coming markets.
NFT Floors: As NFTs continue to gain traction in the world of digital assets, Overlay will stay ahead of the curve by offering NFT as markets. This integration will enable users to build positions on various NFT collections, tapping into this rapidly growing market segment.
Exotic Markets: We are also excited to bring you unconventional and innovative markets such as Twitter sentiment and other unique, currently illiquid markets. By venturing beyond traditional trading environments, Overlay will cater to the evolving interests and curiosity of our users, providing a truly one-of-a-kind experience.
Collaborative Approach: We understand that the key to onboarding the most exciting markets lies in working closely with our community. We invite developers, market enthusiasts, and users to collaborate with us, share insights, and help identify the next big thing in DeFi.
Continuous Expansion: Our commitment to onboarding more markets does not end with our full launch. We will continuously strive to support new and intriguing markets, ensuring that Overlay remains at the forefront of innovation and variety in the DeFi ecosystem.
As we approach the conclusion of our Litter Box 3 event, we want to express our gratitude to everyone who participated and contributed to its success. Your feedback and engagement have been invaluable in refining and enhancing Overlay's user experience, as well as helping us identify areas for improvement.
Reward Distribution: To show our appreciation, we will distribute rewards to all participants who actively contributed during Litter Box 3. These rewards will be in the form of NFTs and will be issued shortly after the event's conclusion. These NFTs will open up gates in the future and we hope they encourage continued support and involvement in the Overlay community.
Ongoing Community Engagement: The end of Litter Box 3 marks the beginning of a new and exciting chapter for Overlay. We will continue to engage with our community and seek out new opportunities for collaboration, events, and partnerships that will help expand and improve our protocol.
Lessons Learned: The insights gained from Litter Box 3 will be instrumental in shaping the future of Overlay. We will incorporate the lessons learned into our ongoing development efforts to ensure that our platform is robust, secure, and optimized for the best possible user experience.
Preparing for Full Launch: As we wrap up Litter Box 3, our focus will now shift toward preparing for a successful full launch of the Overlay Protocol. We are dedicated to delivering a platform that not only meets but exceeds the expectations of our community, and your support during this crucial stage will be invaluable.
As we prepare for the full launch of Overlay, we are excited to announce a major milestone in our journey: the introduction of spot liquidity.
Prior to the full launch, the DAO should propose and vote whether we should hold a token sale event, which will provide an opportunity for the community to acquire OVL tokens and support the growth of the Overlay ecosystem.
Most if not all of the liquidity sourced from the token sale should go into spot liquidity for OVL for either ETH/OVL, USDC/OVL, or both (up for deliberation).
Open Beta Period: Despite the full launch, we understand that continuous improvement is key to our protocol's success. Therefore, Overlay will enter an "open beta" period, during which we will:
Implement Low Caps and Strict Risk Parameters: To lower the risk and increase safety and security of the protocol and of our users' assets during this phase, we will be imposing low caps on positions and maintaining strict risk parameters. This approach will allow us to gather more data and further refine the protocol. Please remember that anything can happen - community members would do well to remember to NEVER put in more assets than they are comfortable losing. Overlay is a new and nascent protocol, and the community should know it will never be 100% safe. Don’t trust, verify.
DAO Governance Decisions: Our community-driven DAO will play a crucial role in determining when to lift these caps and open up the protocol for wider adoption. By empowering our community to make these decisions, we aim to create a more robust and user-centric platform.
Our vision for Overlay is to provide a diverse and exciting range of markets that cater to the evolving needs and interests of our users. To achieve this, we will continue to strategically onboard markets in various categories:
Crypto Pairs: We will expand our selection of cryptocurrency pairs, ensuring that our users have access to a comprehensive range of popular and emerging digital assets. By offering these opportunities, we enable our community to further engage in the growing crypto ecosystem.
NFT Floors: As the NFT space continues to gain momentum, we will incorporate NFT floor prices as a new market segment on Overlay. This innovative addition will allow our users to build positions on NFT collections and engage in the rapidly growing digital art and collectibles sector.
Exotic Markets: Overlay aims to be at the forefront of DeFi innovation, and that includes exploring unique, illiquid markets that are currently untapped. We will be investigating opportunities to integrate unconventional markets, such as Twitter sentiment, web traffic, and other data-driven markets, providing our users with an entirely new experience.
Fuel the passion of our community with thrilling competitions and mining incentives that reward innovation and skill.
Contests: To create a dynamic and competitive environment, we will organize regular trading contests for our community members. Participants will have the chance to showcase their trading skills and strategies, while competing for attractive rewards and prizes. These contests will not only foster camaraderie among users but also help to identify top users and market influencers within our ecosystem.
Product Mining: In addition to contests, we will introduce product use mining as a way to incentivize users to actively participate in the platform. By using Overlay, users can earn rewards in the form of tokens. Product mining will encourage both experienced and new users to explore and utilize the diverse range of features and tools available on Overlay. This feature needs to be flushed out further by community organizers and participants.
Educational Content and Resources: To support our community and enable users to get the most out of our platform, we will provide educational resources, tutorials, and webinars. This will help users to develop their skills, stay informed about the latest trends, and make better-informed decisions when participating in contests and mining activities.
Empower our dedicated community by establishing a robust decentralized governance structure, shaping the future of Overlay Protocol together.
Risk Analysis and Decision-Making Tools: We understand that effective governance requires informed decision-making. To aid our DAO in making the best decisions, we will develop risk analysis tools and processes specifically tailored to the unique requirements of our platform. These tools will enable the DAO to assess potential markets for onboarding, evaluate platform performance, and make well-informed decisions in the best interests of the community.
DAO Tooling and Community Growth: To facilitate efficient and effective governance, we will invest in developing advanced DAO tooling. These tools will streamline communication, proposal submissions, voting, and other essential aspects of the governance process. By making it easier for the community to participate in governance, we aim to foster a vibrant and engaged ecosystem that continuously drives the growth and evolution of Overlay.
Revolutionize market integration with native Overlay Oracles that streamline the onboarding process for rapid access to new tokens and data feeds.
Native Overlay Oracles: To streamline the onboarding of new markets and improve the overall efficiency of our platform, we will develop our own native Overlay Oracles. These oracles will provide reliable and secure data feeds for the assets and markets supported by Overlay, while the protocol continues to draw from other trusted oracles like Chainlink and Uniswap.
Drawing inspiration from the Oracle of Siwa in Ancient Egypt and the significance of cats in Egyptian culture, our native Overlay Oracles have been given the codename "Siwa."
Rapid Onboarding: The development of Siwa will enable us to swiftly onboard new markets, potentially in a matter of minutes, once a new token or data feed becomes available or catches the interest of our community. This rapid onboarding process will give Overlay users access to a diverse and ever-expanding array of trading opportunities, ensuring that our platform remains at the forefront of the DeFi space.
Expand our vibrant community through powerful referral and ambassador programs, inviting more crypto enthusiasts to experience the Overlay difference.
Referral and Ambassador Programs: To foster a strong and engaged community around Overlay, we will introduce referral and ambassador programs. These initiatives will incentivize users to invite friends, family, and colleagues to join the platform, contributing to the expansion of our user base and the growth of the Overlay ecosystem.
Educational Content: We will also focus on creating educational content to help new users understand the features and benefits of the Overlay platform. This content will cover a range of topics, from basic platform functionality to advanced trading strategies, and will be accessible to users with varying levels of expertise in the DeFi space.
Social Media and Community Engagement: To maintain an open line of communication with our users, we will actively engage with the community across social media platforms and other communication channels. This will enable us to gather valuable feedback, address concerns, and keep users informed about the latest developments in the Overlay ecosystem.
Deliver a seamless and visually captivating user experience with front-end upgrades, sleek designs, and a decentralized interface that sets the stage for a DeFi revolution.
Decentralized Front End: To enhance the user experience and ensure the robustness of our platform, we will develop a decentralized front end for Overlay. This will enable users to interact with the protocol reliably, even in the event of outages or disruptions to centralized services.
New Designs and Enhanced User Interface: We will continuously work on refining the platform's design, aiming to create a sleek, intuitive, and user-friendly interface that caters to the needs of both novice and experienced users. This includes optimizing the layout, incorporating new visual elements, and streamlining navigation to improve the overall user experience.
Mobile Optimization: In response to the growing number of users accessing DeFi platforms through mobile devices, we will optimize the Overlay platform for mobile use. This will ensure that users can seamlessly access and interact with the platform, regardless of their preferred device.
Accessibility and Inclusivity: We will focus on making the Overlay platform more accessible and inclusive, ensuring that users of all abilities can easily interact with our services. This will involve implementing features such as keyboard navigation, screen reader compatibility, and other accessibility enhancements.
Continuous Improvement: As the DeFi landscape evolves, we will remain committed to continually refining and updating the Overlay platform based on user feedback and industry trends. This will enable us to maintain a cutting-edge user experience and adapt to the changing needs of our community.
Attract market makers and champion liquidity mining, establishing a thriving ecosystem that supports active trading and market stability.
Market Makers: We will collaborate with professional market makers to ensure deep liquidity for Overlay Protocol's markets. These partnerships will enable more efficient price discovery, reduce slippage, and improve overall trading experience for our users.
Community-driven Liquidity: We will encourage our community to take an active role in providing liquidity for the Overlay markets. This grassroots approach will not only help deepen liquidity but also foster a sense of ownership and engagement within the community. Users who stake their tokens in the provided liquidity pools will be rewarded with OVL tokens, which can be used within the Overlay ecosystem or traded in the open market.
Strategic Partnerships: We will form strategic partnerships with other DeFi projects and liquidity providers to create synergies and expand our reach. These collaborations will help increase the overall liquidity of the Overlay ecosystem and offer more trading opportunities for our users.
Cross-chain Integrations: By integrating with other blockchain networks, we will tap into their native liquidity pools, providing our users with more options and improved liquidity. This will also make Overlay accessible to a broader range of users, further increasing the depth and diversity of the markets we support.
Continuous Expansion: As the DeFi ecosystem evolves, we will continuously assess new market opportunities and expand our offerings accordingly. This will help maintain deep liquidity in our existing markets and provide new opportunities for our users to build and hedge their positions.
Elevate trading capabilities with advanced order types like limit and stop orders, giving traders the control and flexibility they crave.
Limit and Stop orders: To provide our users with more advanced trading tools, we will be implementing limit and stop orders in the Overlay Protocol. Limit orders will allow users to specify the price at which they want to buy or sell an asset, while stop orders will enable them to set a trigger price that, once reached, will automatically execute a market order. These features will give users greater control over their trading strategies and help them manage risk more effectively.
Trailing Stop orders: In addition to limit and stop orders, we plan to introduce trailing stop orders, which will enable users to lock in profits as the market moves in their favor. Trailing stops automatically adjust the stop price based on the asset's price movement, providing dynamic risk management and profit-taking opportunities.
Conditional orders: To further enhance the trading experience, we will implement conditional orders, allowing users to create complex order types that execute based on specific market conditions. These orders can be used to create sophisticated trading strategies, automate portfolio rebalancing, and manage risk more efficiently.
Batched orders: Users will be able to create batched orders, which will allow them to execute multiple positions simultaneously or in a specific sequence. This feature will be particularly useful for users looking to rebalance their portfolios or execute complex multi-leg strategies.
Customizable alerts: To ensure our users never miss an opportunity, we will add customizable alerts that can be set based on specific price levels, order executions, or other market events. These alerts will help users stay informed and make timely decisions in fast-moving markets.
Unlock the creative potential of NFT trading cards, merging art and finance in a cutting-edge fusion of DeFi possibilities.
As part of our commitment to expanding the offerings within the Overlay ecosystem, we will introduce NFT Trading Cards (or maybe these will be SBT? But for now, let’s just call them NFT). These unique and collectible digital assets will combine the excitement of collecting and trading with the cutting-edge world of Overlay Protocol.
Design and rarity: Each NFT Trading Card will feature unique artwork and design elements, with varying levels of rarity to encourage collection and trading among users. Initially we will work with Midjourney bots to create the artwork, but as we progress, we will work with talented artists from the crypto community to create visually stunning and engaging NFTs that represent the spirit of the Overlay Protocol.
Utility and rewards: Beyond their aesthetic appeal, NFT Trading Cards will also have utility within the Overlay ecosystem. Primarily, Trading Cards will give users enhanced capabilities on Overlay. For example, one card could give users rebates on OVL fees. Another card could give a user an extra life: if they got liquidated, they would get back their OVL. In addition, some cards may grant users access to exclusive features, events, or promotions.
Community engagement: We believe that NFT Trading Cards can play a crucial role in strengthening our community and driving user engagement. To that end, we will organize events, contests, and giveaways centered around these digital collectibles, providing users with opportunities to earn, trade, and showcase their NFT collections.
Cross-chain compatibility: As we expand the Overlay Protocol to other blockchains and sidechains, we will ensure that NFT Trading Cards are compatible across these networks. This will enable seamless trading and interoperability, allowing users to enjoy the full potential of their collectibles, regardless of the platform they choose to use.
Market: To facilitate the trading and exchange of NFT Trading Cards, we will develop a dedicated marketplace within the Overlay platform. This will allow users to buy, sell, and trade their cards with ease, while also providing a transparent and secure environment for transactions all without having to leave the platform. Of course, all of this can happen on another NFT trading platform as well. If the cards are in fact SBT, the marketplace would only be for purchasing.
Stabilize and enhance the protocol's performance with innovative basis trading vaults that reinforce the system's robustness.
Basis Trading Vaults will be introduced to stabilize the Overlay Protocol system by mitigating risks associated with price volatility and market fluctuations. These innovative vaults will allow users to earn yield from basis trading strategies, which involve trading the difference between spot and future prices of a particular asset.
How it works: Basis Trading Vaults will use algorithms to identify profitable basis trading opportunities within the Overlay Protocol and execute positions on behalf of users. By pooling user funds and utilizing advanced strategies, these vaults will provide an efficient way for users to participate in basis trading and earn passive income.
Risk management: The implementation of Basis Trading Vaults will be designed with robust risk management measures in place to protect users' funds. These measures may include position limits, stop-loss orders, and real-time monitoring to ensure that risk exposure remains within acceptable levels, however, no amount of risk management should be sufficient at protecting users’ funds. No user should ever put in more assets than they are willing to lose. DYOR.
Diversification: To minimize risk and optimize returns, Basis Trading Vaults will support a diverse range of market pairs and assets. Users will have the opportunity to participate in multiple basis trading strategies, thereby spreading their risk exposure and enhancing their overall yield potential.
Transparency and control: Users will have full visibility into the performance of Basis Trading Vaults, including historical returns, underlying assets, and executed positions. Additionally, users will maintain control over their funds, with the ability to deposit or withdraw at any time.
Integration with the Overlay ecosystem: Basis Trading Vaults will be fully integrated into the Overlay platform, providing a seamless user experience for those looking to diversify their investment strategies. This integration will also enable users to easily switch between different Overlay Protocol features and services, further expanding their opportunities within the ecosystem.
Open the gates to accessibility by allowing users to enter the system using a diverse range of assets like stablecoins and ETH.
Broadening Access: MultiCollateral is an essential update to the Overlay Protocol that will allow users to access the system by using a variety of collateral types, including stablecoins, ETH, and other popular crypto assets. This update aims to attract a wider range of users to the platform and increase overall liquidity, further strengthening the Overlay ecosystem.
How it works: Instead of limiting users to posting collateral exclusively in OVL, the native token of Overlay, MultiCollateral will enable users to deposit various types of collateral to enter positions on the platform. This will make Overlay Protocol more versatile and accommodating, allowing users to participate in the ecosystem without needing to hold or purchase OVL tokens.
Risk Management: Implementing MultiCollateral comes with the challenge of managing the risk associated with different collateral types. To address this, the platform will introduce collateral-specific risk parameters, such as Loan-to-Value (LTV) ratios and liquidation thresholds, which will help maintain the platform's stability and security.
Supported Collateral Types: The initial release of MultiCollateral will focus on adding support for widely-used stablecoins and leading cryptocurrencies, such as USDC, DAI, and ETH. Over time, the list of supported collateral types will expand based on community input and demand.
Seamless Integration: MultiCollateral will be fully integrated into the Overlay platform, ensuring a smooth user experience for those who wish to use different types of collateral to enter positions. This integration will allow users to efficiently switch between collateral types while managing their positions and risk exposure.
Future Expansion: As the crypto ecosystem continues to evolve, Overlay Protocol will actively explore and add support for new collateral types, further broadening access to the platform and catering to the diverse needs of its user base. This ongoing expansion will keep Overlay at the forefront of the DeFi space, providing users with a comprehensive and adaptable trading environment.
Optimize and revolutionize Overlay's core with a comprehensive code redesign that fine-tunes the funding rate and boosts efficiency.
Funding Rate Optimization: The V2 code redesign of Overlay Protocol will focus on optimizing the funding rate mechanism. The funding rate plays a crucial role in the perpetual futures market, as it helps balance the long and short positions in the market. By optimizing this rate, Overlay aims to create a more efficient and stable trading environment for its users, reducing the potential for unexpected liquidations and improving the overall market health.
Enhanced Performance: The V2 code redesign will bring significant improvements to the platform's performance, ensuring seamless transactions and reducing the risk of network congestion. By enhancing the underlying codebase, Overlay Protocol will be able to better support the growing user base and the increasing number of market pairs.
Improved Security: Security is a top priority for Overlay Protocol, and the V2 code redesign will include additional measures to ensure the platform remains secure and resistant to potential attacks. This includes rigorous testing, code audits, and the implementation of best practices in smart contract development.
Scalability and Flexibility: The V2 code redesign will enhance the scalability and flexibility of the Overlay Protocol, allowing it to accommodate the evolving needs of the DeFi ecosystem. This will enable the platform to support an expanding range of market pairs, collateral types, and other features, ensuring it remains at the forefront of innovation in the DeFi space.
Future Upgrades: The V2 code redesign lays the foundation for future upgrades and enhancements to Overlay Protocol. By creating a more efficient, secure, and scalable platform, Overlay will be well-positioned to respond to the evolving needs of the DeFi ecosystem and continue to innovate in the space.
Uphold the gold standard of operational security and efficiency by conducting regular audits and proactively addressing potential vulnerabilities.
Regular Audits: As part of its commitment to maintaining a secure and reliable platform, Overlay Protocol will schedule regular audits to identify and address any potential vulnerabilities. By partnering with reputable security firms, Overlay will ensure that its smart contracts and infrastructure are rigorously tested and validated, minimizing risks for users.
Operational Security: In addition to audits, Overlay will invest in strengthening its operational security measures. This includes implementing stringent access controls, monitoring systems, and incident response plans to ensure the platform remains secure and resilient in the face of potential threats.
Efficiency Improvements: Overlay will continuously work on optimizing its platform to enhance efficiency, reduce transaction costs, and minimize latency. This will involve refining the platform's algorithms, upgrading the infrastructure, and implementing cutting-edge solutions to support a growing user base and an expanding range of markets.
Best Practices: To maintain high levels of security and efficiency, Overlay will stay up-to-date with industry best practices, regulations, and emerging trends. This will ensure the platform remains compliant, secure, and competitive in the rapidly-evolving DeFi landscape.
Education and Awareness: Overlay will prioritize user education and awareness, providing resources and guidance on how to use the platform safely and effectively. This includes creating educational content, hosting webinars, and engaging with the community to address any concerns and provide support.
Collaborative Approach: Overlay understands that security and efficiency are collective efforts, and will actively collaborate with other projects, researchers, and stakeholders in the DeFi space. By sharing knowledge and resources, Overlay aims to contribute to a more secure and efficient ecosystem for all participants.
Pioneer groundbreaking trading strategies, such as Inverse markets on OVL and Liquidation bots, to enrich user experience and maximize protocol utility.
Overlay will introduce "inverse markets" to its platform. These markets will feature crypto assets as the base asset and OVL, Overlay's native token, as the quote asset. Inverse markets allow users to hedge their OVL exposure or increase their exposure to OVL, depending on their strategy.
Hedging and Gaining OVL Exposure: Users will be able to hedge their OVL price exposure by going long on an inverse market, while those who want to gain more price exposure to OVL can do so by going short on an inverse market. This offers users greater flexibility in managing their positions and exposure to the native token.
Liquidation Bots*
*Community-Driven Liquidations: Currently, liquidations are being managed by the Overlay Foundation and a few other participants. However, the plan is to encourage the community to develop and deploy their own liquidation bots, enabling a decentralized and competitive liquidation process. This will help maintain platform stability and reward active participation from the community.
*Liquidation Bots Development Resources: To foster community involvement in building liquidation bots, Overlay will provide resources, documentation, and support to assist developers in creating efficient and effective liquidation bots. This will contribute to a more robust ecosystem and encourage community-driven innovation.
Seamlessly connect Overlay with more bridges, facilitating smooth integration with other platforms and networks for a borderless DeFi world.
Interoperability and Accessibility: As part of its growth strategy, Overlay will expand its reach by connecting to more bridges, which will improve interoperability between different blockchain networks. This expansion will make Overlay accessible to a wider range of users and assets, fostering greater adoption and enhancing the user experience.
Collaboration with Bridge Projects: Overlay will collaborate with various bridge projects to ensure seamless integration and interaction between different blockchain ecosystems. These partnerships will facilitate the smooth flow of assets and information between networks, enabling users to take advantage of Overlay's offerings regardless of their chosen blockchain.
Unleash Overlay's potential by expanding to more chains, fostering interoperability and exponential growth.
Embracing Scalability: Overlay is committed to providing a seamless and efficient user experience. By expanding to more side chains such as Polygon, zkSync, Shardereum, among others, Overlay aims to improve the platform's scalability, reduce transaction costs, and enhance overall performance.
Meeting Diverse User Needs: Expanding to multiple side chains enables Overlay to cater to the diverse needs of users within the DeFi ecosystem. Users can choose their preferred side chain based on factors such as transaction fees, speed, and network security, ensuring a more customized experience.
Cross-Chain Interoperability: Integrating with multiple side chains will foster cross-chain interoperability, allowing users to access Overlay's markets and services regardless of the blockchain network they are using. This will lead to a more inclusive and accessible platform for users across various networks.
Collaborative Development: Overlay will actively engage with the respective development communities of these side chains, fostering a collaborative environment to enhance compatibility, share resources, and drive innovation. This collaboration will ensure that Overlay remains at the cutting edge of the DeFi space and continues to provide users with the best possible experience.
Increased Network Resilience: By expanding to more side chains, Overlay will also enhance its network resilience, reducing the platform's vulnerability to potential congestion or attacks on any single network. This diversification will help ensure the platform's stability and reliability for its growing user base.
Overlay Protocol's ambitious roadmap represents a clear vision for the future of decentralized finance. By focusing on scalability, user experience, and accessibility, Overlay is poised to become a leader in the DeFi space. The platform's commitment to onboarding more markets, fostering community growth, and embracing cross-chain interoperability speaks to its dedication to creating an inclusive and dynamic ecosystem.
The implementation of cutting-edge features such as native Overlay oracles, NFT trading cards, multi-collateral options, and augmented orders demonstrates Overlay's relentless pursuit of innovation. Moreover, the establishment of a robust DAO, complete with legal backing and effective governance tools, reflects the platform's dedication to decentralization and community-driven decision-making.
By expanding to more bridges and side chains, Overlay will further solidify its position as a go-to DeFi platform for users across various networks, catering to a diverse range of needs and preferences. The planned front-end updates, deeper liquidity, and increased operational security will only serve to enhance the user experience, making Overlay an attractive choice for both new and experienced DeFi enthusiasts.
As Overlay Protocol continues to grow and evolve, it will undoubtedly attract the attention and collaboration of talented individuals and organizations within the crypto and DeFi space. With its robust roadmap as a guide, Overlay is set to transform the way users interact with and benefit from decentralized finance, redefining the landscape for years to come.