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$TOAD
Name | Toad Network |
|---|---|
Symbol/Ticker |  |
Contract Address |
TOAD is a governance token, aiming to empower the TOAD.Network community to participate in the protocol decisions, like:
- Bring and vote on new proposals.
- Determine fee ratios directed to both the Vault and farm/pool rewards.
- Marketing / Development endeavors.
Max Supply | 200k |
|---|---|
Burn | |
Fees / Tax (on sell, buy and transactions) | 0% |
TOAD is a standard token with mint and burn functions. All TOAD was minted at launch and there is no possibility to mint more TOAD.
The Vault takes 30% off all the fees it receives and buys TOAD with it. This adds significant buyback pressure, meaning, that the Vault generates demand for TOAD and thereby increasing the price. Since the Vault stores the bought TOAD, it basically removes them from circulation, which in turn decreases the supply.
There is burn through the 1% staking, reinvesting and unstaking fees on the TOAD solo farm, see PAD Farms.
$TOAD is bridged to all chains and therefore, all actions like burns and buyback pressure on one chain effect $TOAD on all chains.
The TOAD.Network competes with other Dex and their line of products. Comparing the market cap of $TOAD to the market cap of the native tokens of other Dex can give you a perspective on the potential of the $TOAD price.
Dex | Potential Price per $TOAD | Potential Upside of $TOAD |
|---|---|---|
Uniswap | $74535 | x10444 |
PancakeSwap | $20668 | x2896 |
CurveFinance | $18201 | x2551 |
SushiSwap | $7924 | x1110 |
Bancor Network | $5365 | x752 |
Raydium | $3627 | x508 |
MDEX | $2236 | x313 |
SunSwap | $1597 | x224 |
Balancer | $907 | x127 |
QuickSwap | $741 | x104 |
The calculation is based on data from 02.01.2022. The underlying market cap data of the Dex tokens was taken from coinmarketcap.com. The $TOAD market cap was $1,043,346 based on a price of $7.14 and a circulating supply of 146.2k.
BSC (BEP-20)
Moonriver
Moonbeam
- Launch Date: Friday, 26th of February 2021
- Fair Launch: No dev / team tokens at launch
- Presale:
- Amount: 70K TOAD
- Softcap: 150 BNB (~$33.3k) - reached in less than 10 minutes
- Hardcap: 350 BNB (~$77.7k)
- Price: 0.005 BNB (~$1.11) per TOAD (listing price on pancake swap: 0.0058 BNB)
- Min/Max cap per person : No Min / Max 10 BNB (~$2k)
- Liquidity: The ~$77.7k presale gain and ~$20k out of pocket were donated by Snake and KT to the reward pools of the TOAD Farms (old). Around $25k each to the TOAD-BUSD, TOAD-BNB and TOAD-BNB DPLP farms and around $20k to the TOAD solo farm.
- Launch Date: (updated soon)
- Fair Launch: No Presale and no dev / team tokens at launch
- Liquidity: (updated soon)
Docs in progress
- Launch Date: Friday, 14th of January 2022
- Fair Launch: No Presale and no dev / team tokens at launch
- Liquidity: (updated soon)
Docs in progress
Last modified 1yr ago