Overview:
What is Over Protocol
A blockchain network committed to fostering a truly decentralized ecosystem, allowing anyone to serve as a validator.
- Leveraging ‘Ethanos’, an innovative node optimization technology, it empowers individuals to operate full nodes from their home desktops.
- Driven by the vision of decentralization, Over Protocol aspires to place the power of a new internet right in your hands.
A mobile crypto wallet application that serves as a gateway to OverProtocol, educates users about blockchain technology through a daily quiz, and offers rewards upon its release via their incentivized program. Not only that, Overwallet had over 5 million registered accounts and 1 million daily users.
OverNode
A Node client designed to run OverProtocol nodes on personal computers, offering an intuitive UX/UI and requiring no computer science background, set to release in the first half of 2024. Trivia: OverNode runs on Windows with a minimal specification requirements.
How to Join the Season 2 OBT
These are the following task needed to complete:
- Update Your OverWallet and Install OverNode.
- Complete Community Missions here.
- Read the FAQ(To be announced) First.
- Engage in Palm-staking(OverWallet, Mobile), Home-staking(OverNode, PC), or both.
Things to Consider
- If you are an active user of OverWallet, you can receive a small amount of Grant (Test Token) every 24 hours from the newly updated OverWallet after the testnet launch. Use this for Palm-staking or Home-staking.
- Users who own more than a certain number of points will receive an additional amount of Bonus Grant sufficient to participate in Home-staking immediately. The criteria for points will be disclosed at the start of the testnet.
- If an account appears to be using bots or engaging in abusive behavior, it will not receive any grants.
- This testnet is expected to last more than a month. So even if you didn’t receive the Bonus Grant, please continue to collect Daily Grants and participate in Home-staking and Palm-staking!
- You can use OverWallet and OverNode to send tokens, so getting and using tokens from a friend is okay.
- March 13, 2024, at 05:00 AM UTC – You can update to the new OverWallet. Open the OverWallet app and proceed with the update.
- March 14, 2024, at 05:00 AM UTC – You can download the OverNode app for this testnet from the OverNode Website ( https://over.network/overnode ). If the previous OBT#1 OverNode is installed, it will be updated. If the update does not occur, please download it directly from the website. Palm-staking and Home-staking will open. If many people flock at once, it could take a long time to complete Staking.
For Comparison:
| PALM-STAKING | HOME-STAKING |
| Stake as much OVER as you want | Stake exactly 256 OVER and run a node |
| Lower Rewards | Higher Rewards |
| Flexible Stake Amount | 256 OVER per validator |
| On your MOBILE | On your PC |
| Consistent Rewards | Rewards based on node’s performance |
| – | Earn Bonus Rewards |
| Manual Reward Claim | Automatic Reward Claim |
| Unlock Unstake Tokens and Received it back: | |
| Available immediately Locked up for 10 minutes | Available after 1 day Registered in a queue and processed sequentially |
ATTENTION and VERY IMPORTANT!!
OverWallet’s Recovery Key and OverNode’s validator recovery phrase are totally different. If you lose them, we cannot help you get them back. Make sure to keep both safe.
