When users make trades on the Voltswap, a 0.3% fee is charged. 0.05% of this fee is added to the pool in the form of LP tokens. When the rewards contract is called (once per 2 days) all the LP tokens are sold for Volt (on Voltswap Exchange). The purchased Volt is used to incentivize the staking pool once per week with accumulated Volt tokens. The repurchased Volt are then divided up proportionally between all of users staking in the Volt single asset staking pool. Fees generated into the staking pool also follow the same rewards structure as farming pools where rewards multiplier increases from 1 to 4 over 7 days.
Last modified 1mo ago
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