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Date

Sep 07 2022
Expired!

TimePacific Time

10:00 am

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  • Timezone: America/New_York
  • Date: Sep 07 2022
  • Time: 1:00 pm

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ActiveFeatured

Toast Finance Genesis Pools Launch

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

DETAILS
  • 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
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