โ›ณVoltage v4

Voltage v4: Advanced Fee Management and Governance

Voltage v4 is built on top of the Algebra framework, preserving the capital efficiency of Concentrated Liquidity while introducing a new structure for managing protocol revenue and tokenomics.

Core Design:

  • Algebra automatically splits trading fees.

  • 88% of fees go directly to LPs.

  • 12% go to an on-chain Community Vault managed by the protocol.

  • Of that 12%:

    • 3% goes to Algebra (protocol partner).

    • 4.5% is burned, reducing circulating VOLT.

    • 4.5% is distributed to veVOLT holders.

This mechanism ensures that all fees are either returned to stakeholders or used to increase long-term value through deflation. The protocol retains no treasury revenue from these fees.

Long-Term Burn Program:

Voltage v4 introduces a continuous burn mechanism:

  • The program is designed to build long-term trust and visibility.

  • Burns are conducted monthly based on trading activity.

  • Goal: Burn 45% of the protocol-held VOLT supply (1.72B).

Governance-Driven Incentives:

With the introduction of Gauges and Bribes, Voltage v4 transitions away from centralized farming to a decentralized reward allocation model, empowering veVOLT holders to vote on where incentives go and enabling external projects to influence votes.

For more on these systems:


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