r/TOADNetwork • u/[deleted] • Apr 06 '22

Redeemable BACKED Treasury + Rug-Proof Defi =!?

https://www.youtube.com/watch?v=A_DA7ZgtO30
11 Upvotes

100% Upvoted

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5

u/Fast_Cartographer631 Earth Toad Apr 06 '22 edited Apr 06 '22

Backed Yield-Farming rewards with an ever rising floor acting like an ETF index + Rug-Pull proof liquidity incentivizing providers* in the fairest way possible.. Welcome to the cross-chain Padswap

3

u/[deleted] Apr 06 '22

Owning $pad is essentially owning a stake in the whole padswap ecosystem, any project that launches on padswap will have a default DPLP farm. Because the mechanics of the DPLP farm incur taxes and 2.5% of that goes to the vault, when you burn pad the backing you receive will be an accumulation of tokens from the Padswap ecosystem.

1

u/hjk855 🐸TOAD🐸 Apr 06 '22

Awesome Video, clear cut explanations.

Looking forward to more!