Build Phase Recap: September Report

September 2021 Recap

Development has been heads down housekeeping, building new features, and preparing for an amazing fourth quarter!

September Recap

• Launched MasterChef V3 contract — introducing new pools & farms driving all-time high Total Value Locked (TVL) to $2.7 million
  🔗 MasterChef V3
• Introduced 7 Pools and 3 Farms helping to produce $83,528 in protocol revenue (Did someone say WEN BURN??)
• Share & Earn program generated 1,293 TOAST
• Total unique participating users/wallets climbed to 5,425 up 60% on the quarter
• Deployed Stacks
  🔗 How Stacks Work
  🔗 Details on Stacks
  🔗 BitToast Stack

What’s Next in October

We had an amazing month and have an even more amazing month ahead!

More Stacks

BitTOAST Stack Launch

The BitTOAST Stack is a diverse mix of the Leading DeFi projects, Top 10 tokens, Legacy coins, and some of the most prominent up and coming crypto projects.

StablTOAST Stack Launch

The Stable Toast Stack is made up of USD pegged stable coins along with USD-based Beefy LP tokens creating automatic yield. This is a first-in-kind interest baring strategy.

MetaTOAST Stack Launch

The best in class metaverse projects wrapped into a single token so you don’t miss the incredible gains in GameFi, virtual works and NFTs

NFT Market

🎉 We’ve been excited about NFTs for the past year. We’ve seen some amazing projects create massive floor pricing giving HODLrs huge gains. To drive ecosystem value we’re moving the Toast NFT Market from test-net to Mainnet!

Driving Toast Ecosystem Value

• We’re partnering with an NFT community to airdrop NFTs to drive listing revenue and marketplace fees. The revenue will be used to buy back and burn more native tokens!
• NFT Shilling on twitter — looking for more partners and communities to drive collecting, trading and curating on Toast NFT Market
• October 7 — We’re buying exclusive Pancake Squad NFTs to introduce and cross-promote the Toast NFT market
• In November we’ll be allowing the Smart Chain community to mint an exclusive NFT collection with Toast

Do you have a generative collection you’ve created or plan to create? Get in touch with us to get registered and listed. Join Discord: https://discord.gg/yEszzSyB

Launchpad Upgrade

The SpaceToast Launchpad is an incredible source of value for the Toast ecosystem. While the ILO (initial liquidy offering) approach works, there is great risk when the perfect storm of impermanent loss, reflection protocols, and liquidity locusts (people who suck the liquidity dry from a pool) participate in launches.

BNB-only Sales

Goodbye to LP pairs, Hello to BNB. The upgrade will support BNB participation in new project launches. The BNB focus will drive more value and reduce risk by eliminating impermanent loss caused by LP and reflection protocols.

Have a project, reach out to our community on Discord. We’d love to discuss how to help you launch your project across Toast!

Vesting

Immediately after a Launch to protect the newly launched projects from liquidity locusts the claim process will be vested.

• After the launch, you can claim 25% of the offering tokens
• 30 days after sale: You may claim another 25% of your offering tokens
• 60 days after sale: You may claim another 25% of your offering tokens
• 90 days after sale: You may claim the final 25% of your offering tokens

More Farms, More Pools & More Marketing

As we exit the BUIDL phase we’ll be entering into a GROWTH Phase. During this time we’ll be extending our marketing, collaborations, and most important support to the community going into higher achievements for end of October!

Farms and Pools are a great source of new HODLrs, protocol revenue and TVL. We’ll continue to partner with other communities and projects to grow the value of the entire Toast Ecosystem.

More DAO

DAO’s are the backbone of successful project governance. We kicked off a community vote for the Altru Pool. It’s now open for votes: https://snapshot.org/#/toastfi.eth/proposal/QmX7jDbmQwaSv4tVRMK7toKm2xRJLHu5qwkcqZzNypwbzB

We’ll improve the dynamics of the voting power for loyal HODLrs over the next 30 days.

We’re excited for the community to make proposals and help guide the direction of where Toast goes next.

If you have ideas, discuss them on discord first. Once the idea takes shape — introduce the ideas as a propsoal.

More Magic

So much was covered in this post and it’s only the tip of the iceberg. Partner project Altru is launching Altru Sheild on Toast!

Don’t forget, we’re saying bye to Telegram and Hello to discord. Learn more from our recent security update here: https://medium.com/toastfi/security-update-farms-v1-community-telegram-why-audits-are-bad-5ca787932ab5

We don’t fold, we HODL! 💛

Website: http://www.toastfinance.com
Follow us on Twitter: https://twitter.com/toastswap
Technical Details: https://docs.toastfinance.com/
Discord: https://discord.gg/t6jErcvhC5

Remember, we will NEVER send private messages.
We don’t believe in DMs and will never send you a DM first.
We do not have technical support team.

We don’t fold, we HODL!!