Voltage Finance DeFi Service
Voltage Finance DeFi service updates were presented by the platform. Ever since Voltage was deployed they have continued building, and won’t stop until they reach mainstream adoption.
Voltage Finance’s focus lies on adding tools and features. After delivering the stableswap, validator, governance, and staking, we’re lining up more additions.
It’s been a busy Q1 and Q2 2022 for Voltage Finance. Its community has been patient while the team has been focused on building. They want to thank all the community members and fellow Fuse Network developers for sticking with them through bear and bull.
Accomplished milestones
Fuse Fi rebranded to Voltage, and they joined the DeFi adventure refreshed and excited, but 2022 hasn’t been the best year so far, and many would agree. Even though the Volt token was launched right before the bear market.
Voltage managed to reach some respectable numbers and milestones:
- more than 5,200 Volt token holders
- more than 1,800 Volt token stakers
- Stableswap launch
- ~445M Volt tokens locked over ~900M circulating
- 0.21 Mcap/TVL
- peak TVL >$12mil
- peak daily volume $3mil+
- Voltage validator reached full capacity (5M Fuse tokens) in record time
Voltage Finance Notable Partners
The Voltage Finance has established partnerships with high-caliber projects. These projects include Beefy Finance, Infinity Pad, Rango, and Poolz Finance.
New products to be launched on Voltage
- Releasing Volt App
Fuse Cash app is going through a face-lift and rebranding to the Volt app, the Voltage DAO mobile application. It is a web3, non-custodial wallet with an NFT marketplace, Swap (uses Voltage service), Zap - Volt staking
Ownership and governance are crucial components of every DAO. Volt stakers are being rewarded with trading fees (VIP-1), as well as validator rewards. Only Volt stakers and holders are eligible to play a role in governance. Nonetheless, Volt Finance has found the current model to be outdated, which is why we will be deprecating xVolt, and why a new staking and governance model will be implemented.
- Fuse Dollar V2, a yield-bearing stablecoin
Currently, fUSD is pegged to USDC in a 1:1 ratio. In light of recent events in the stablecoin market, especially the fall of the UST, Volt Finance decided to change the whole story around the fUSD.
ZAP – liquidity provision for beginners
One of Voltage Finance’s objectives is to create DeFi tools everyone will have no trouble using. DeFi is still in its infancy and as such, it still requires a lot of work if mass adoption is to be achieved. One such part of DeFi is providing liquidity. To make the whole process of providing liquidity painless, the platform is bringing the ZAP feature.
ABOUT Voltage Finance
Voltage was created to give anyone access to a powerful suite of DeFi tools from an all-in-one application that is also conveniently accessible on any smart device.
