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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