Tokenomics
VOLTA total supply: 100 million
10 million to team released linearly in 18 months.
10 million in public presale sold at $0.03. $300k raised: - $30k for first audit. - $100k for initial LP. 3m VOLTA + 100k dollars in ETH on Camelot - $50k for initial VOLT/2CRV liquidity - $120k to Team Treasury: set aside for future audits, marketing, hiring.
3m for initial liquidity.
67m for platform rewards meaning future liquidity mining campaigns. VOLTA holders will vote on how to use them.
10m for liquidity mining. Current VOLTA emissions are linearly distributed over the week and will be carefully calibrated and reviewed on a weekly basis.
Emissions and incentives
22/03
25k VOLTA
29/03
25k VOLTA
Presales First presale: 6th February. 1m VOLTA sold at 0.03$ each. The tokens are locked for two weeks from the end of the presale (24 hours) and unlock Feb 21 at 8pm UTC. Second presale: 13th February. 9m VOLTA sold at 0.03$ each. The tokens are locked for two weeks from the end of the presale (48 hours) and unlock March 1 at 8pm UTC.
Liquidations
All the assets from liquidated vaults will forever remain in the Liquidation Treasury. The yield from these assets will be distributed: 90% to voltAssets and 10% to the Team Treasury.
Fee distribution
70% VOLT/2CRV LP
15% VOLTA stakers
15% VOLTA/ETH stakers
Single sided staking
VOLTA can be staked to earn 15% of protocol fees. There is no lock/vesting on VOLTA staking.
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