WTF is Volt?
In short, Volt is an algorithmic stablecoin protocol that bases its stablecoin’s value on overcollateralized loans. That’s as simple as I can describe it, but it’s still a mouthful of cryptic sh*t. Let’s break it down into parts.Overcollateralized LoansVolt is a fork of RAI by Reflexer Labs, and RAI is a fork of MakerDAO. If you don’t know what fork is: it’s I take your code, add my bells and whistles and make a slightly different product. Hence, the best place to start is MakerDAO and DAI. I...
WTF is Volt?
In short, Volt is an algorithmic stablecoin protocol that bases its stablecoin’s value on overcollateralized loans. That’s as simple as I can describe it, but it’s still a mouthful of cryptic sh*t. Let’s break it down into parts.Overcollateralized LoansVolt is a fork of RAI by Reflexer Labs, and RAI is a fork of MakerDAO. If you don’t know what fork is: it’s I take your code, add my bells and whistles and make a slightly different product. Hence, the best place to start is MakerDAO and DAI. I...
