What is Volts.Finance?
Volts.Finance is an experimental yield-farming protocol. As much as we love defi and the Uniswap space, just like you guys we are getting both jaded and tired. Project after project is a scam. Project after project does not deliver on their promises. It feels like it never ends, but we at Volts want to do things differently. Simply put, we offer a project that both straightforward and out-of the box complete.
We will not set lofty expectations that will never be met, and we will not take advantage of you, our stakeholders. The idea is simple and non-revolutionary — a deflationary store of value that allows holders to generate yield by staking LPs. But what is revolutionary is the environment around the token we hope to foster. We have seen what protocols like MEME can become and what organic growth and a strong community can do, and we wish to do the same. In effect we are taking the core of what protocols like PRINT, KIMBAP and SUSHI did (without the bugs and shady devs) and putting it into a community and environment that will allow it to thrive. We hand the keys over to you and will be a guiding hand in what you make of it.
We have seen the benefit that only native token pairs and a low emission rate can bring to stabilising the price of a farmable token. Given the base of our ecosystem is a store of value, at launch we will only emit 60 VOLTS per day, curbing supply inflation. Furthermore, the emission rate and the burn rate are completely adjustable, this means that we can tune the rate at which token supply increases, therefore allowing us to ensure the token as a deflationary store of value.
We had great success for our previous project charged.finance, however there was an issue with claiming fees which has made us migrate to a new contract. And we are happy to say we are going from strength to strength with $VOLTS — our community is as good as it gets and we are looking forwards to farming launch (approximately 12:00 UTC, 10/11/2020).
We are glad to say that our smart contracts have been audited and everything has come back squeaky clean, so there will be no issues, no bugs :)
Here is the full audit by VidarTheAuditor:
The Token Distribution:
We will mint 1600 VOLTS at at launch
- 500 tokens will be used for a presale to raise initial liquidity
- 500 tokens were used to provide initial liquidity on Uniswap (locked until end of year)
- 100 tokens unlocked at launch allocated to the community for contribution to the project
- 100 team tokens locked for a month
- 400 tokens reserved for a swap for CHARGED holders
The Farming Pairs:
- VOLTS — ETH
- VOLTS — LINK
- VOLTS — CORE
- VOLTS — USDT
- VOLTS — WBTC
- VOLTS— KP3R
Farming will start at block 11230000!
If this and a being part of a great supportive and all-around great community interests you, come and pop into our telegram to say hi 😊, farming starts soon! For additional information and how-to’s make sure to check the “HOW?”-section on our website!