🐸
$TOAD
Name
Toad Network
Symbol/Ticker
​
TOAD
Contract Address
​$TOAD Contracts​

Usage

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.

Tokenomics

Max Supply
200k
Burn
5k burned at launch; 1% burn of TOAD-BNB LP tokens on the TOAD Farms (old)​
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.
See The Vault for more details.
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.
See Bridge for more details.

$TOAD in Perspective

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.

Launch Details

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
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Outline
Usage
Tokenomics
$TOAD in Perspective
Launch Details