Toast Finance Genesis Pools Launch

Name: Toast Finance Genesis Pools Launch
Start: 2022-09-07
End: 2022-09-07
Location: BSC

New algorithmic stablecoin pegged 10:1 to DAI on BSC.

Genesis Pools
- Duration: 2 days
- 20,000 $TOAST rewards distributed across the following pools:
  - 41.67% — DAI pool (reduced to 23.81% after 3 hours)
  - 20.83% — WBNB pool (reduced to 11.9% after 3 hours)
  - 8.33% — WETH pool (reduced to 4.76% after 3 hours)
  - 8.33% — USDEX pool (reduced to 4.76% after 3 hours)
  - 8.33% — AMES pool (reduced to 4.76% after 3 hours)
  - 8.33% — EMP pool (reduced to 4.76% after 3 hours)
  - 4.17% — DIBS pool (reduced to 4.76% after 3 hours)
  - $TOAST / DAI LP pool added after 3 hours; allocated 42.86% of the remaining $TOAST emissions
- 1.1% deposit fee on single-stake pools; 0% on LP pool
- No withdrawal fee
- 25% sale tax on $TOAST during genesis; reduces as price stabilizes
- Built-in zap feature to avoid tax during LP creation

Tokens
- $TOAST is the algo-stable, pegged 10:1 to DAI
  - Initial supply: 20,421 allocated as follows:
    - 20,000 — Genesis pool
    - 401 — Initial liquidity
    - 10 — Zapped into $TOAST/DAI LP farm
    - 10 — Held by contract creator (at time of review)
- $BREAD is the shares token
  - Total supply: 37,000 allocated as follows:
    - 29,999 — Farming rewards (vested linearly over 350 days)
    - 3,500 — Treasury (vested linearly over 160 days — 21.87 $BREAD/day)
    - 3,500 — Dev fund (vested linearly over 160 days — 21.87 $BREAD/day)
    - 1 — Pre-mint for initial liquidity
- $CRUST is the bond token
- Token ownership renounced for $TOAST [tx]

Features
- Rebates — purchase discounted $TOAST with DAI; 15% discount; 10 days linear vesting period
- Auto compounder — built-in compounder vaults
  - 2 hours compound cycle or whenever another user claims the bounty using the Harvest function
  - 4% performance fee on claimed reward; used for buybacks and burn of $TOAST
  - withdrawal tax applies
- Fire Tax — 10% sell tax on $TOAST and $BREAD when at (or over) peg (use built-in zap feature to avoid tax during LP creation)
  - Fire tax will be used for to buyback and burn $TOAST