What is Watt?

Watt Protocol is a decentralized finance (DeFi) platform on the Solana blockchain that introduces "volatility farming," enabling users to earn yields by leveraging natural market arbitrage opportunities. It offers tokenized assets, known as wattTokens, which are wrapped versions of existing Solana tokens.

These wattTokens accrue value over time through the protocol's fee structure and can be utilized in other DeFi protocols similarly to their original counterparts. The protocol aims to provide a sustainable source of yield that is independent of traditional methods like staking or lending, allowing users to diversify their DeFi strategies.

Watt Protocol emphasizes permissionless and trustless interactions, aligning with the principles of decentralized finance. While specific details about components like charge pools and amplifiers are under development, the overarching goal is to capitalize on market volatility to generate returns for participants. The platform is designed to be accessible to both seasoned DeFi enthusiasts and newcomers, offering a novel approach to yield generation within the Solana ecosystem.