Published in


OVER Compounded Staking 3.0

OVER staking smart contracts had incredible success with over 5 Mln OVR tokens locked between 3 and 12 months. Such adoption demonstrates strong commitment and trust in the project from the community. Very few projects can drive such a long-term commitment from token holders. Staking is a way to reduce token velocity, hence sustaining the token value, yet it is also well understood that if not managed correctly, in the long run, such a “liquidity renting” can have a negative impact on price because of the selling pressure generated by rewards. Considering the OVR token circulation volume, the current staking rewards are sustainable, yet to avoid an uncontrolled increase in deposits, new staking and staking extension will be paused for OVER staking 2.0. Users that have already staked will be able to keep generating their staking rewards according to their lockup Tier.

New staking smart contracts (Staking 3.0) will be deployed on Polygon. Besides the reduced gas fees that allow participation also to small holders, the main differences are the following:

This new configuration will avoid direct selling pressure generated by staking rewards while at the same time enabling free usage of the OVER platform to users that decide to have a stake in it. Staking 3.0 smart contracts are currently under security audit and will be released in the next weeks. Staking 3.0 smart contracts will also enable accumulating points to participate in reserved Lands distribution as Staking 2.0.

Originally published at https://www.overthereality.ai on April 19, 2022.



OVER is a blockchain-based AR platform. With a mobile device or a smart glass, users can live interactive augmented reality experiences customized in the real world. OVER is a new standard in AR where experiences are based on a user’s position.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Over the Reality

The World-Scale Augmented Reality Platform from OVER is Here… And It’s Waiting for You to Claim It