Voltage Finance (VOLT)

From CryptoWiki

Voltage is the main DeFi protocol on top of the Fuse Network, which includes a DEX, lending and other Web3 products.

Basics

  • Based in:
  • Started in / Announced on:
  • Testnet release:
  • Mainnet release:

History

Audits & Exploits

Bugs/Exploits

"Voltage Finance has been exploited for ~$4M via its “Lending-as-a-Service” partner Ola Finance on the Fuse Network. Rather than a Compound fork, Ola describes itself as a “a technology provider that enables others to build Compound-like instances”. Earlier this month, a similar incident on the Gnosis / xDAI chain gave the teams using Compound’s code plenty of warning."

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper or docs can be found [insert here].
  • Code can be viewed [insert here].

Implementations

How it works

Fees

Upgrades

Staking

"Pending DAO approval, Voltage will begin issuing veVOLT tokens to stakers instead of xVOLT. This proposal intends to strengthen stakers genuinely invested in the project for the long-term and protect the community from those who aren’t. It will do this by increasing the weight of a wallet’s voice in the governance of the DAO according to the length of time the stakers will be prepared to lock their VOLT up. veVolt will also enable holders to vote on the distribution of farm rewards."

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].
  • From the Fuse blog (8-9-2022):

"Voltage Finance is working on ZAP, its solution aimed at simplifying liquidity provisioning. ZAP will enable users wishing to deposit funds into a pool to do that with just one token, instead of having to acquire equal amounts of two different tokens."

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

"Voltage Finance teamed up with Beefy Finance, Infinity Pad, Rango Exchange, and Poolz Finance, among others."

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