2 Years of Toast today!
We launched April 2nd 2024, just in time for Base to onboard the world.
Well, things don't always go according to plan but here at Toast we have stuck to our vision.
We built a strong treasury using top DeFi protocols on Base. Every week we harvest the yield to buy back and burn Toast.
Today, after our 2-year celebration burn, 15.34% of all Toast has been permanently removed. π₯
The buys and burns will continue until supply shock drives up the price of Toast and 1 Toast = 1 ETH. When that happens we will shut the project down, cash out the Treasury and all remaining Toast can be redeemed for an equal share of the Treasury.
What is up next for Toast besides Treasury management and educating our community on DeFi?
Well, we are building a game to add more utility and deflationary pressure to the Toast token. A demo of the game is live in our telegram and will be rolled out soon to the public. It's fast, fun, and unforgiving like a classic arcade game. But it will be completely free to play, so save your quarters.
None of this would be possible without our incredible community, many of you have been here since day one and have even burned your own Toast to help us reach the endgame.
In a greedy, extractive crypto world, this kind of loyal, based group is extremely rare. Thank you.
If youβve made it this far and youβre not in Toast yet, now is the perfect time to join us.
Come say hi in Telegram or follow along. The best is still ahead. π₯
This week at Toast we:
Burned 20,000 Toast (about $100 worth)
Purchased and staked 500 BMX from @useboardwalk
Made some major updates to our brand new physics based RTS game, Reprieve.
This week at Toast we:
Burned 20,000 Toast (about $100 worth)
Purchased and staked 500 BMX from @useboardwalk
Made some major updates to our brand new physics based RTS game, Reprieve.
@SenMcCormickPA@SenFettermanPA Went today, and met the nice guy with the stache by the door.
This was one of the best displays, loved the historical flags and decorations. Well done gentlemen.
The market delivered a dip on the same day we gather yield to buy and burn. Why question good timing?
130,000 Toast Burned.
Around $650 at current terrible market prices.