How it works: Stacks

Learn how Stacks work — Avocado Toast, the premiere Stack tracking the projects across the Toast ecosystem.

TOASTMASTER
3 min readSep 23, 2021

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Stacks — All the most rewarding. All as one token.

Stacks are simple — Stacks are buckets of many tokens represented as one. When you buy one Stack you are buying all of the underlying assets at the same time. This increases market exposure without increasing the management complexity — meaning you won’t miss out on another moon again!

The first Stack being introduced is Avocado Toast. Avocado Toast is a capitalization-weighted bundle of tokens that tracks the projects across the Toast ecosystem.

Key Features

Features of Stacks are very simple — buy and HODL the token which represents the Stack and gain access to the value of the underlying tokens in that Stack (buy one, get many). When the price of the underlying tokens changes, the price of the stack overall changes. The key features of Avocado Toast are available in all Stacks. Every Stack can be traded, minted, arbitraged, and burned.

Stacks can be Traded

All Stacks can be traded on any supported exchange including DEX/CEX. The easiest way to buy and sell Stacks is via PancakeSwap.

Stacks can be Minted

Today, Stacks use PancakeSwap routers to acquire tokens directly on-chain. The Stacks smart contract calculates the number of tokens to purchase, store and lock based on the amount of the transaction.

Stacks can be Arbitraged

Arbitragers can earn by trading Stacks, rebalancing them for accurate value. When Arbitragers trade positive impacts they earn the difference. In the event that they trade to negatively impact the price, they are penalized.

Stacks can be Burned

The underlying assets of a Stack can be claimed by burning the Stack. The result being the underlying tokens are sent to your wallet.

Stacks can Change in value

The value of a stack is pegged to the total price of it’s underlying tokens. When the price of these tokens change, so does the price of the Stack.

Stacks have Lock Periods

To protect against attacks Stacks have lock periods so they cannot be liquidated by flash loans immediately after being minted.

Stacks can be Farmed

Increase earning potential by using a Stack in a single token Farm.

We’re excited for the incredible impact Stacks will have on the Toast ecosystem.

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/yEszzSyB

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!!

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