What is $Toast?

At its core, $Toast is a coin that uses several DeFi partners to generate income to burn the token.

$Toast

• Provides a continual stream of positive news and engagement triggers.

• Each stage of the project life cycle has been strategically designed to encourage the success of the project and reward the participants.

• Planned ending in which holders will be able to redeem their tokens for a share of the treasury.

Other projects

• Lose community engagement after initial burst of enthusiasm and buying volume.

• No planned method to maintain engagement or attract new buyers.

• Ongoing, and often without clear goals

$Toast has a golden, crunchy plan

Each stage of the project life cycle has been strategically designed to encourage the success of the project and reward the participants. The four factors needed for $Toast to succeed are:

A strong community

Toast relies on its army of supporters. To recruit and retain, $Toast will...

• Engage and utilize powerful DeFi protocols on Base.

• Educate the greater crypto community about DeFi and the value proposition of DeFi-backed treasuries.

• Collaborate with other crypto communities on Base. $Toast is always looking for new partnerships and promotions, after careful vetting.

• Frequently share positive news and on-chain activity. Toast has several mechanisms, such as 24/7 trading and burn events, built into its core functionality that will deliver a continual stream of news and reasons to get excited.

Healthy revenue streams to feed the treasury

Growing the treasury is the main focus for all activities and interactions in the $Toast ecosystem. Our DeFi positions generate continual stream of income that is used to support the price of $Toast through buying & burning. Buying & burning generates taxes that are immediately banked in the treasury.

An experienced and motivated team

We’re already doxed, so come on over anytime for tea and toast! Just kidding, but since you all know where we live, we are incentivized to not run away with your money. In all seriousness, a piece of toast may be opaque, but that’s the only thing about us that isn’t transparent.

Also, unlike other projects, Toast has an ultimate goal; an endpoint to build up towards. Without this ending point, the teams at other projects burnout, turnover, or just give up, causing confusion, increasing potential for theft or incompetence ruining the project, or infecting the community with apathy. This endpoint does provide a reward for the founders, so seeing the project through to completion ensures incentives are aligned between the community and the builders.

How is $Toast funded?

The team behind Toast has covered the costs to set up the project and supplied the initial ETH for liquidity. There was no presale, no private investors, and no allocations for team, advisors, or marketing help.

Every bit of ETH in the Treasury will be generating compounding returns and that is the primary focus and main objective of the team and project. Up to 10% of funds coming into the Treasury from the revenue streams listed above may be used for the ongoing costs of running the $Toast platform (e.g. domain renewal, website hosting costs) and unexpected needs. These funds will still be sent to the Treasury to generate a return until the moment they are needed. The team hopes to minimize the use of these funds as much as possible.

$Toast Token Distribution

• DEX Liquidity: 50%;

• OTC Supply: 25%; Tokens listed at various price points for OTC buys. All OTC buys feed ETH directly to the Treasury

• Future rewards & events: 10%; We are looking into gamification, airdrops, NFTs, VIP/whale-only rewards, and hosting and or attending events.

• Reserve Fund: 10%; Because you never know what crazy thing will happen next in crypto

• Extra-Burnt Toast: 5%; Portion of supply set aside for anytime we, the dev team, have a delay or feel we let the community down. Will be burnt to reward the community for their patience.

Ending $Toast

This project has a planned expiration and a choreographed ending with rewards for everyone who participates.

1. As the supply is diminished by burns there will come a point where all the tokens left in circulation divided by the total value in the treasury would equate to 1 $Toast = 1 ETH.

2. When this line is crossed, the project will enter its ending phase. Announcements and posts will be made to notify the community, and then at a specific time, the liquidity will be pulled and trading halted.

3. The ETH in the LP will be added to the treasury, and a final calculation will be made, giving a value in ETH for each outstanding $Toast token.

4. $Toast holders will then be given a generous window to redeem their $Toast tokens for their ETH value, draining the treasury and burning the remaining $Toast tokens.

Why $Toast?

Burning tokens is a fundamental aspect of this project, in a systemic & incremental way. Toasting is the perfect alternative to burning. Golden and crispy, like planned, but not burned to ash and ruined.