# OVL

#OVL The global data sources and interest in data monetization will continue to rise, with no end in sight. Overlay has tremendous potential as a preferred platform, providing investors, hedgers, and speculators with exposure to financial tools that are unavailable anywhere else. With sufficient momentum, Overlay can eliminate the need for traditional counterparties and enable DeFi users to turn almost any data stream into financial instruments.

#OVL If BTC dumps a bit, I am expecting a solid move from OVL this week. For some reason, it gets active during dumps, a kind of pirate island. We have a pirate who has come ashore. There is a whale that has docked here to make the ruling easy in the shallowness of the pair; maybe it is the crew itself...
#BTR I think it's time to follow a horizontal trend, a slight get dumped is expected... It is possible to maintain a horizontal trend for a while to give new holders a chance. Keep an eye on it...
#HUMA continue with mixed false news, stay away from these scoundrels.
#Crypto Market Re

#OVL Yes, the Overlay Protocol has a burn system. Here’s how it works ¹:
- *Mint-and-Burn Mechanism*: The Overlay Protocol uses a mint-and-burn mechanism to manage the supply of OVL tokens. When users open a position and win, the protocol will mint new OVL tokens as a reward. However, if users lose, the OVL tokens associated with the loss will be burned.
- *Risk Management*: Overlay Protocol has several risk management mechanisms to prevent inflation, such as:
- *Open Position Limit*: Limits the maximum exposure per market or across the entire platform.
- *Payment Limit*: Setting a maximum pro