Overlay Announces Public Token Sale on Polkastarter in January 2025

Overlay Protocol, a decentralized finance (DeFi) project, has announced its upcoming public sale scheduled for January 13, 2025, to January 20, 2025, on the Polkastarter platform. This highly anticipated event marks a significant milestone for the project as it aims to broaden access to its native token and strengthen its presence in the DeFi ecosystem.

Overlay has garnered attention for its innovative approach to decentralized finance, with a focus on transparency, security, and user-driven governance. The public sale provides an opportunity for both institutional and retail investors to participate in the project's growth. Following the public sale, the token will play a crucial role in governance, staking, and incentivizing participants within the Overlay ecosystem.

The token distribution model highlights a well-balanced allocation strategy. Investors will hold 27.7% of the total token supply, while 15% is reserved for the team and advisors. Additionally, 30% is allocated to the DAO reserve, ensuring long-term sustainability and decentralized governance. The remaining 27% will be directed towards ecosystem development, supporting growth, partnerships, and innovation within the platform.

The choice of Polkastarter as the platform for the public sale aligns with Overlay’s strategy to leverage a trusted and widely recognized launchpad. Polkastarter is known for facilitating seamless token sales and ensuring transparency and fairness for participants. Investors will have the chance to acquire Overlay tokens at an early stage, potentially benefiting from the project's growth trajectory.

Overlay’s funding history reflects strong financial backing. In a previous private funding round, the project successfully raised over $2.2 million, showcasing significant investor confidence. The funds are being used to support product development, ecosystem expansion, and technological innovation.

The Overlay Protocol's tokenomics are designed to foster long-term growth and sustainability. With clear allocations and a focus on community involvement, the project aims to build a decentralized financial infrastructure that benefits all stakeholders. The token’s use cases are expected to evolve over time, enhancing its value proposition within the DeFi ecosystem.

As the public sale date approaches, interested participants are encouraged to stay updated through Overlay Protocol’s official communication channels for guidelines, eligibility criteria, and detailed instructions on participating in the sale. The success of the public sale will play a critical role in determining Overlay's trajectory and its ability to deliver on its vision of creating a robust and transparent decentralized finance platform.

The upcoming public sale presents an exciting opportunity for investors to engage with a promising DeFi project. With a clear roadmap, strong tokenomics, and a strategic launchpad partnership, Overlay is well-positioned to make a significant impact in the decentralized finance landscape.