Key highlights:
- Volt App 2.0 integrates multi-chain support, enabling deposits from major networks like Ethereum, Polygon, and BNB Chain.
- The app now offers a crypto debit card for seamless conversion and spending of digital assets.
- Users can access yield-earning options, gasless transactions, and in-app governance voting within a secure, non-custodial environment.
Volt App 2.0: Advancing DeFi with Accessible Banking Features
Fuse Network has launched Volt App 2.0, an upgraded version of its decentralized finance (DeFi) platform, transforming it into a comprehensive banking ecosystem. In their announcement, they highlighted their goal of enhancing functionality to simplify DeFi use, including a significant new feature: a crypto debit card that facilitates instant spending.
?? @voltfinance unveils VOLT 2.0 ??
— Fuse Network ?? Devcon (@Fuse_network) November 14, 2024
Over the past three years, Voltage has processed over 6.3 million transactions on Fuse with a total volume exceeding $94 million.
Now it's time for the next chapter: VOLT 2.0 - bridging the gap between TradFi and DeFi.
Here’s what’s new: ?? pic.twitter.com/Zklwh4CDxO
The Volt App’s expansion into multi-chain support allows users to deposit and manage assets from networks such as Ethereum, Polygon, and BNB Chain. This integration enhances the app’s versatility, making decentralized finance more accessible across blockchain platforms.
Enhanced User Experience and Rewards
Volt App 2.0 brings a host of features designed to lower barriers to entry and enrich the user experience. Through this version, users can earn yield on stablecoins and other crypto holdings while retaining the ability to spend their rewards globally using the crypto debit card. The app supports a user-friendly interface, offering token management, gasless transactions, and in-app governance tools for voting on ecosystem updates.
?? VOLT 2.0 is Here! ??
— Voltage Finance ?? (@voltfinance) November 14, 2024
??Tokenomics Upgrade for Burn & Governance
?? Multi-Chain access: Deposit crypto from any network
?? Spend crypto globally with VOLT Card
?? Gamified rewards with our vXP program
Read how you will benefit ??https://t.co/4fPQ7cyrpo pic.twitter.com/WZUpSPV48R
Additionally, Volt App's new gamified rewards program, developed in partnership with Claimr, turns financial exploration into an interactive experience. By completing guided tasks such as staking, swapping, and saving, users earn rewards while gaining practical knowledge of DeFi operations. For example, users can earn 50 FUSE simply by getting verified.
A New Era for DeFi Payments
The introduction of a crypto debit card elevates Volt App 2.0 by enabling the quick conversion of digital assets to fiat. This feature allows users to benefit from holding their crypto assets while maintaining the flexibility to spend on everyday expenses, either in-store or online. Such seamless transitions between crypto and traditional financial systems provide a pathway for broader adoption of DeFi solutions.
Fuse Network’s goal with Volt App 2.0 is to offer a full range of banking-style services within a decentralized framework, empowering users to leverage their assets efficiently. This app positions itself as a bridge between traditional financial services and the expanding realm of decentralized finance, simplifying access while maintaining user control through its non-custodial structure.
The bottom line
With Volt App 2.0, Fuse Network has introduced a robust, all-in-one DeFi application that not only facilitates investing and earning but also expands spending capabilities through a crypto debit card. By combining educational elements with advanced DeFi tools, the app aims to foster a deeper understanding and broader use of decentralized finance in a user-friendly way.
