Volo DAO

The Volo DAO, through the Volo governance token, determines the framework of the Volo DeFi Hub. The Volo Hub is a suite of products mainly designed around the utility of the liquid staking DeFi platform token voloSUI, and additional products made to enhance the general user experience on SUI.

Our primary focus is to bring in a revolutionary concept that allows users to stake their SUI tokens while maintaining liquidity. Through Volo's liquid staking protocol, users can stake their SUI tokens and receive liquid staking tokens (voloSUI) in return. The voloSUI receipt represent the staked assets and provide users with liquidity, allowing our holders to utilize their assets in various DeFi applications while still earning staking rewards.

Why Volo?

  • Liquidity and Flexibility

Our liquid staking solution allows users to maintain liquidity while participating in staking. Users receive liquid staking tokens (voloSUI) in return for staking their SUI tokens, which can be freely transferred. This flexibility enables users to sell their voloSUI and exit their staking position at any time, providing immediate access to liquidity.

  • Participation in DeFi:

Volo's liquid staking tokens (voloSUI) can be used as building blocks in various DeFi protocols. Users can simultaneously earn staking rewards from their validation activities while actively participating in the DeFi ecosystem. This integration with DeFi expands the possibilities for users to maximize their returns and explore different investment opportunities.

  • Decentralized Governance

Volo is governed by a decentralized autonomous organization (DAO), ensuring that decisions regarding the protocol are made collectively by the community. There is no central authority or individual with control or decision-making power over users' tokens. The governance process allows Volo holders to vote on proposals, giving them a voice in shaping the future of the protocol.

  • Trusted Node Operators:

We work with experienced node operators who have a proven track record in the industry. Collaborating with reputable node operators minimizes the likelihood of technical mistakes that could lead to slashing or penalties. Our users can trust that their staked assets are in capable hands, as the node operators bring their expertise to ensure the smooth operation of the liquid staking protocol.

Protocol fee

Volo applies a 10% fee on staking rewards that are split between node operators and the DAO Treasury. The fee can be changed by the DAO pending a successful vote.

Last updated