Voltage Finance closes $3.4M private round, announces info of token launch

Singapore, February 21, 2022 – Voltage Finance, formerly FuseFi and a leading all-in-one decentralized finance (DeFi) platform on the Fuse network, today announced the official launch of the Voltage DAO governance token Volt.

Backed by leading blockchain venture capitalists

A successful private fundraiser was announced in December, raising $2.3 million from major institutional investors. A final private round ended in February, bringing the total to $3.4 million.

Voltage Finance closes $3.4M private round, announces info of token launch | Coinscreed

Voltage Finance is proud and fortunate to be backed by some of the most influential value-added venture capitalists including Spark Capital, TRGC, Collider Ventures, Genesis Block Ventures, Tectona, Exnetwork Capital, Blockchain Founders Fund, Node Capital, Sheesha Finance, LVT Capital, MVST:MG, AngelDAO, ZBS Capital, MetaVest Capital, Alpha Sigma Capital and Shima Capital.

Important Volt Release Dates

Those interested in participating in the public rounds of the Volt token launch can find information about the launch pads below, as well as a round for Fuse token holders.

Voltage Finance closes $3.4M private round, announces info of token launch | Coinscreed

Preparing for a huge audience

So far, the DeFi industry has failed to expand beyond the relatively small community of experienced and knowledgeable cryptocurrency enthusiasts.

Users are often faced with exorbitant fees or complicated user interfaces that create significant barriers to entry.

Voltage Finance is designed to remove the roadblocks to mass adoption of DeFi:

  • Consumer-focused mobile wallet Fuse Cash integrates Voltage and allows users to trade crypto assets for free in an easy-to-use interface.
  • Scalability and transaction cost issues are solved using the Fuse Network blockchain, which is compatible with the Ethereum Layer 1 virtual network.
  • Other features include direct and mobile crypto-banking integration in over 170 countries and interest yields on the platform’s native stablecoin, FuseDollar (fUSD), of up to 50% per year.

The platform aims to find the perfect balance of catering to highly experienced DeFi enthusiasts while ensuring that newcomers to the crypto and DeFi space are supported with user-friendly products and services.

TGE, Airdrop, Staking, DEX List and farming pools

An airdrop is planned to reward users who have been part of the Voltage Finance and Fuse Network journey.

Details on this, including how the snapshot was taken and how Volt tokens can be claimed, will be released concurrently with the Token Generation Event (TGE).

TGE is scheduled for Thursday, March 3, subject to change, and coincides with Volt’s listing on decentralized exchanges, the launch of its first farm pools, and Volt’s exit.

For more information and interaction with the community.

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