【Latest News】
ChainCatcher news, the L1 blockchain lightweight node protocol Over Protocol announced that the airdrop will be open for claims on December 16 at 9:00.
Project Introduction
Over Protocol is a Layer 1 blockchain developed by Superblock, based on a protocol called 'Ethanos,' which only considers active accounts as valid, allowing full nodes to discard outdated data and operate with less storage, thus reducing storage requirements. With Over, anyone can run a node on their home PC and become a validator.
Tags: Infrastructure, Layer1
Establishment Date: 2022
Funding Status
Token Distribution
The total supply of OVER is 1 billion, with plans to complete full circulation over 10 years. The specific distribution ratios of OVER are as follows:
1. Staking Rewards (30%): Of which 200 million OVER are allocated as minimum guarantee rewards, distributed equally to staking users each year for 10 years, with the remaining 100 million subject to adjustment;
2. DAO Treasury (10%): Used to support DeFi, L2 solutions, and other ecosystem initiatives;
3. Community Access Program OCAP (15%): Mainly used to incentivize early community members and contributors as well as to provide liquidity;
4. Core Contributors (15%)
5. Investors (10%)
6. Over Technologies (10%)
7. Over Foundation (10%)
Conclusion
Over Protocol is a blockchain protocol designed for Home Staking, allowing anyone to participate in the blockchain network directly through personal computers and devices and earn profits.
The goals of Over Protocol go far beyond this; its vision is to become a truly decentralized blockchain infrastructure and redefine how users interact with blockchain.
