Padswap and Toad Network
  • Padswap and Toad Network

    TOAD

  • $5.819181 (+4.63%)

    0.018832300 BNB

  • $1,163,836

    MarketCap

  • 16,514 (+0.00%)

    Holders

  • 200,000

    Total Supply

Rating

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About

TOAD.Network is committed to creating the safest and most decentralized farming community on the Binance Smart Chain (BSC). Stake your TOAD tokens to earn passive income by providing liquidity and helping others traders acquire TOAD. LP tokens are traditionally held by the project team to be sold at a later date. Unlike other projects, TOAD's team donated all of their LP tokens to the LP farm where users can farm more liquidity. We believe this to be the fairest way to structure a yield farm.

So the recent market movements have got you nervous and you're looking for something that has real utility and value, well PadSwap and Toad have the answer. PadSwap is a new Decentralised Exchange that already have unique features that make it different.

The Vault

The most important is The Vault, unlike other DEX's where the trading fees are all put into the hands of the token holders which creates no long term value - Padswap uses a portion of those fees to add to the Vault, where it buys a selection of backing tokens. Currently those tokens are BTC, ETH, TOAD, and USDC - if at some point the tokens of Pad trade below the value of the vault, Pad tokens can be burnt and the proportionate amount of backing tokens are returned to the user who burnt their tokens. Creating an instant arbitrage profit.

How does this make PadSwap safe from bear markets?

The vault doesn't stop PadSwap from going down, but it means that you know that it cannot go to zero. Even if we got another crypto deep freeze for a few years, PadSwap will still be there accumulating its backing tokens at the cheap prices. When the next bull market inevitably returns the vault will be there and ready to automatically raise the price floor of Pad

Tokenomics

Market Cap

3.236M

BUSD

Liquidity

1.459M + 1.192M

PCS + PAD

Circ. Supply

140.84K

TOAD

Total Supply

195k

TOAD