Fees and Revenue
Volta Finance has the following fees:
Repayment Fees: Users pay a repayment fee equal to 0.5% of their debt when repaying their stablecoin debt to unlock the underlying collateral. This fee is denominated in the collateral token.
Performance Fees: Volta offers the possibility to wrap income generating tokens into autocompounding tokens (example: GNS -> voltGNS) that automatically accrue value. On this value increase is applied a Performance Fee. gDAI performance fee: 0% voltGNS performance fee: 7.5% voltGMX performance fee: 7.5% voltGLP performance fee: 10%
THERE IS NO DEPOSIT FEE AND NO INTEREST ON THE LOANS.
How is revenue distributed?
70% of fees are distributed to Curve Liquidity Providers. 30% of fees are distributed to VOLTA stakers.
Every wednesday fees collected during the previous 7 days are distributed.
You can take part in the fee distribution by staking your VOLTA and VOLT2CRV tokens on the Stake tab
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