Monday, November 29, 2021

Volta DAO - Fantom's Premiere Reserve Currency - YouTube

Volta DAO - Fantom's Premiere Reserve Currency - YouTube

Volta DAO - Fantom's Premiere Reserve Currency

Description: Volta DAO is a decentralized reserve currency built on Fantom. Decentralized protocol based on the VOLT token Collateralized and backed by the Volta DAO. Volta builds upon its core concepts through additional token utility to increase the staking pressure and protocol interaction. Volta will use the Algorithmic Reserve Currency algorithm and will also be supported by other decentralized assets. Volta will implement strong governance for our holders who vote to play an important part in the development of our ecosystem.; Bonds & LP Fees - Bond sales and LP Fees increase the treasury revenue of Volta DAO. Through this the protocol acquires and locks in its own liquidity and controls the VOLT supply.; Volta DAO Treasury - Treasury income is used to increase the balance of the Volta DAO treasury. This acts as backing for the outstanding VOLTA tokens and regulates the staking APY.; VOLT Token - Compounds yields automatically through the rebase mechanism. VOLT has intrinsic value through the backing of the treasury. Volta DAO will bring out additional new and innovative utilities to raise the staking pressure of VOLT.


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