Volt Protocol Raised $2 Million in Funding Co-Led by Framework Ventures and Nascent
Stablecoin protocol on Ethereum Volt Protocol raised $2 million in seed round, co-led by Framework Ventures and Nascent. Volt Protocol plans to launch its mainnet in late April or early May.
Volt Protocol aims to be 'a decentralized, inflation-resistant stablecoin'. It tracks the Consumer Price Index (CPI) released by the U.S. Bureau of Labor Statistics instead of being pegged to a fiat currency.