Voltbit was created as a way to help combat poverty and climate change.
In many Third-World countries and under-developed areas,
having electricity is currently a struggle due to lack of funding or availability.
With Voltbit, we aim to change this. A 1% fee on every transaction goes to a charity wallet.
We also have "auto staking" where you earn passive Voltbit tokens as every transaction
has a 3% fee that redistributes tokens, reducing the total amount in circulation. There
is finally another 3% fee that goes to burning tokens, removing them from circulation.
Totaling a 7% overall fee per transaction.