Tokenomics of $Toad
Explore the strategic tokenomics behind LuckyToadv3, the heart of the ToadSwap ecosystem. Designed for stability and growth, discover how we're redefining the standards of decentralized finance.
Contract Address
0xbfb2b6870501a6ff17121d676a0a45a38c9eed1e
Transaction Taxes
5% Buy
5% Sell
0% Transfer
Of these taxes, 50% is allocated to marketing, while the remaining 50% is directed towards development.
Initial Liquidity Pairing
2.5 ETH + 4,000 USDC : 1 Billion $Toad
100% fair launch, no team or presell tokens.
Initial Market Cap of $16,000
Liquidity Locking
Both the USDC and WETH liquidity pools were locked on Unicrypt for a duration of 18 months, set to be unlocked on May 1, 2024.
The Innovative Use of Dual Liquidity Pools
ToadSwap introduces a groundbreaking approach in the space by utilizing dual liquidity pools to ensure immediate liquidation of buy taxes during the purchasing phase.
Traditional Tax System Challenges:
Usual contracts funnel taxed tokens to a collective tax wallet.
The subsequent sale of these tokens often results in tax dumps, which can dampen the bullish trajectory of a token's price.
This system frequently accumulates more ETH in taxes than what is justifiable, negatively affecting the chart's health.
ToadSwap's Dual-Pool Mechanism:
Eliminates the common pitfalls of tax dumps.
Purchases from one pool trigger an instantaneous sale of the corresponding tax in the opposite pool.
Both pools are synchronized, showcasing nearly equivalent prices, ensuring a stabilized price chart.
To Illustrate: Consider a token imposing a 10% tax. With ten consecutive buyers investing $100 each:
Every buyer invests $100, receives $90 in tokens, with $10 channeled to the tax wallet.
After ten such transactions, $100 in taxes is stored, ready for liquidation.
Assuming the token's value triples by the time of the first sale, the originally accumulated $100 worth of tokens will now liquidate for $300.
ToadSwap's Differentiator:
Only the genuine tax amount is accumulated, avoiding excessive tax collection.
A purchase from the ETH pool prompts an immediate sale in the USDC pool, and vice-versa.
Larger transactions can potentially interact with both pools, ensuring balance and stability.
This dual-pool system promotes a healthier, more stable chart, revolutionizing traditional tokenomics.
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