Volt Protocol is a floating price stablecoin based on RAI but backed by a wide range of collateral assets. Volt is a “friendly fork” and is sharing 6% of its governance token VCON with the Reflexer community in exchange for Reflexer Labs’ permission to use the RAI code and their assistance.
Volt has joined the Olympus Incubator on similar terms, allocating 6% of the VCON supply in exchange for support, advice and priority access to Olympus’ upcoming liquidity products for launch. This partnership will allow Olympus to become a key player in the Volt Protocol and help Volt become one of the best ways for Ohmies to be able to borrow against their staked OHM.
