/biz/ - Business & Finance

I beliebed

First new farming concept on BSC. Not another EGG copy.

What is the Toad Network?
>The Toad Network is much more than a simple farming project, we are creating a new era of yield farming. At Toad you're not only going to be able to farm Toad, but also Toad-Bnb LP tokens. By doing that we are not only decentralizing the liquidity but also making the project rug pull proof. As all the liquidity from the team is going straight to a farming pool and from there to the hands of holders.

What is LP token farming and how is this project rug pull proof?
>LP tokens farming is a new and experimental concept that we came up with, the goal of which is to decentralize the liquidity. In most projects, the team holds a large amount of liquidity and promise to lock it for a certain period. At Toad we are going to give back all of our LP tokens to the community, allowing people to farm them. This also makes the project rug pull proof, as all of the LP tokens from the team are going to a farming pool that is going to drip slowly for those who are staking their tokens.

What prevents people from farming the LP tokens and removing the liquidity?
>Our LP farming contract will charge a 10% fee on deposits and withdraws. At first, this seems like a lot, but users will be able to break even pretty quickly. By charging a fee to get in and out (that goes right back to the div pool), we ensure that the div pool never will run out. Users who keep their liquidity locked in the contract the longest are the ones who are going to get the most rewards. For example, if users start to remove their tokens from the contract, the div pool will get bigger, making it more attractive for people to stake LP tokens, ensuring that TOAD will always have enough liquidity.


https://toad.network

https://exchange.pancakeswap.finance/#/swap?inputCurrency=0x463e737d8f740395abf44f7aac2d9531d8d539e9

>>29950971
oops forgot to link it.
https://toad.network/

This is relatively new. The presale has been going on for quite some time and I'd say the community has a relatively low pajeet factor. The Presale just finished, some dude added bs liquidity but now it's all fixed. We haven't begun any major pumps yet (we're up like 15% or something)

Toad.network will give you a ton of info and has some pretty based references and easter eggs

0x463e737d8f740395abf44f7aac2d9531d8d539e9 This is the contract

https://toadytoad.medium.com/the-toad-network-46f5f6872ab6 Some basic explanations about what the crypto will do

I gambled more on this than usual, I see a pretty bright future with stable crypto gains. Can still do some crazy stuff from here considering how little it's pumped. No "guys it 10Xd but its the start" bullshit