/biz/ - Business & Finance

>>30447401
It was 4.20$ yesterday, this is your chance to catch a dip anyways. Don't think you'll get another one if you're trying to accumulate here but good luck.

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.

TOAD network (not toad farm)
Current price is 1.50$ (presale was 1.20$)
Current marketcap is <200k
200k total supply (not inflationary)
First project to have LP farming (with 10% burn in and out to incentivize and decentralize the liquidity - makes it rug proof)
Coingecko coming any day
Exchange listing in the next month on HotBit
Savings accounts and game built with token coming in the future
BUSD and BNB staking pools coming this month
Meme contest just started, first set of NFTs coming soon
Dev is based and works pretty much 24/7

https://toad.network/

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

>>30369452

>>30368373