Project Status
Our trading AI, which is built and managed by StackerAI, is currently undergoing a major upgrade (as of July 2024). This upgrade will give the AI the ability to short tokens and arbitrage across hundreds of token pairs.
While this is amazing news for the future of Toast, it does mean that our AI is currently down and not making trades until the update is fully tested and redeployed (estimated late September 2024).
While the update is being finalized and tested, the Toast Treasury is hard at work in a variety of low risk, high reward DeFi strategies. Large positions have been taken in Aerodrome that earn the Treasury income based on the use and growth of Base. Another allocation of funds has been added as liquidity to Peapods Finance and earns the Treasury money based on the volatility of the Toast token. These DeFi positions are giving the project a nice weekly income, allowing for burns and growth in the Toast economy.