Volta Finance ($VOLTA) is an overcollateralized stablecoin protocol on Arbitrum that allows users to borrow stablecoins (VOLT) against the value of their decentralized token collaterals. Minting occurs through loans, denomimated in VOLT. All loans have 0% interest, meaning the value of the related debt does not change over time. A 0.5% repayment fee is charged when debt positions are repaid.
Volta is a community-run, community-governed protocol. Changes are made through proposals and voted on by stakers of the governance token, VOLTA.
