Project championed by internal members for 5k USD grant / post hackathon support program.
A protocol to trade DeFi data streams long or short with leverage, using on-chain price oracles. Effectively, on-chain DeFi perps with a synthetic token.
- Confidently finish up research on the monetary policy for the Overlay synthetic token
- Finish Uniswap V2 oracle feed contract
- Build treasury staking, governance, and liquidity mining contracts (for initial distribution of synthetic OVL)
- Keeper bots for liquidations
- Mainnet launch
General vision for the project is a derivatives platform that offers users the ability to trade (long or short) nearly any scalar, non-manipulable and unpredictable data stream obtained through on-chain price oracles. Yes About to launch (4-6 weeks out from launch)