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Volta Finance is an overcollateralized stablecoin protocol that allows users to borrow stablecoins (VOLT)
Volta Finance is an overcollateralized stablecoin protocol that allows users to borrow stablecoins (VOLT) against the value of their decentralized token collaterals. Minting occurs through loans, denomimated in VOLT. All loans have 0% interest, meaning the value of the related debt does not change over time. A 0.5% repayment fee is charged when debt positions are repaid. Components of Volta include the following:
Volta is a community-run, community-governed protocol. Changes are made through proposals and voted on by stakers of the governance token, VOLTA.
Volta Protocol's current price is $ 0.0056, it has increased +0.33% over the past 24 hours.
Volta Protocol's All Time High (ATH) of $ 0.384 was reached on 22 Feb 2023, and is currently -98.5% down.
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