Voltage Finance

Voltage Finance

VOLT
$0.000112026%-0.91

Key Metrics

Price$0.000112026
Real Volume (24H)$153,376.78
Marketcap$400,169.52
Fully Diluted Valuation$2,144,712
ATH$0.00533542
ATH Date3/31/2022, 3:35:29 AM
ATL$0.00016826
ATL Date1/4/2023, 8:55:52 PM
Circulating Supply1.4B
Total Supply7.5B
Popularity Rank2898
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What is Voltage Finance?

Voltage Finance is a decentralized finance (DeFi) platform that operates on the Fuse Network blockchain. The Fuse Network is a decentralized infrastructure that enables the creation and operation of various DeFi protocols. Voltage Finance was the first DeFi platform built on top of the Fuse Network blockchain, and it has since become one of the most popular DeFi platforms in the space.

One of the core functionalities of Voltage Finance is its decentralized exchange (DEX) that allows users to swap between different cryptocurrencies. Voltage DEX is integrated with the Volt App wallet, which enables users to access its features directly from their mobile phones.

In addition to swapping, Voltage Finance also offers a liquidity provisioning feature that enables users to deposit equal amounts of both tokens in the trading pool and receive liquidity provider (LP) tokens in exchange. LPs are rewarded for their contribution with their proportional share of 0.25% of all the trades made on the pool. This is a great way for users to earn a passive income by simply depositing their tokens and contributing to the liquidity of the platform.

Yield farming is another feature that Voltage Finance offers to its users. LPs can further deposit their LP tokens to the yield farming program if one is available for their pool. This makes them eligible for a share of the rewards allocated to the program as long as it runs and they keep their tokens in its smart contract. The list of currently running yield farming programs on Voltage is available on its website.

Finally, Voltage Finance also features a multichain bridge that currently connects the Fuse Network blockchain to two other major chains - Ethereum and BNB Smart Chain. This enables users to swap between cryptocurrencies on different chains and provides additional liquidity to the platform.

In conclusion, Voltage Finance is a powerful DeFi platform that provides a wide range of financial opportunities for its users. With its decentralized exchange, liquidity provisioning, yield farming, and multichain bridge, Voltage Finance is an excellent option for anyone looking to get involved in the DeFi space. As the platform continues to develop, we can expect even closer integration between Voltage Finance and Volt App, which will provide even greater opportunities for users.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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