Why do investors love crypto? It is the ability to utilize money in new and innovative ways typically reserved for high-net-worth individuals in TradFi. DeFi presents a ripe fertile economic frontier where users can earn in more ways than they ever imagined. That’s why a new protocol, DigiToads (TOADS), has blown investors and analysts away. DigiToads’ utility will compare to Uniswap, PancakeSwap, MakerDAO, and LidoDAO, all combined. This is a remarkable statement, but analysts’ 1,500% price prediction and the $4.8 million already raised in the presale fully support this assertion!
DigiToads (TOADS) Powering the Next-Generation of DeFi
The best way to describe DigiToads is a self-propagating community-driven ecosystem. The protocol builds its own environment within the larger DeFi ecosystem with a suite of products, including a native DEX (Trading-Post), a play-to-earn game (Toad-Cade), NFT staking, an intricate taxation system (Toad-Tax), an educational platform (School of Toads), deflationary tokenomics, and even charity initiatives supporting rainforests.
These features work harmoniously to create an enormous TOADS flywheel directing value to community members via airdrops, token burns, and seasonal prizes. Better yet, through the Platinum Toads feature, the TOADS community allows its best traders to extract value from DeFi more broadly to bolster its own reserves and split them amongst TOADS holders.
Trading-Post Versus Uniswap & PancakeSwap
The Trading-Post, DigiToads’ native DEX, allows the ecosystem to retain all the value from trading activity on TOADS. Whereas Uniswap and PancakeSwap charge users a fee to trade on altcoins, all swaps made on the Trading-Post will benefit TOADS holders. One is because the revenue will fund the protocol treasury. And two because the Toad-Tax ensures that a portion of every transaction to leave and enter The Swamp funds the NFT staking pool and burns TOADS tokens.
NFT Staking Versus LidoDAO
LidoDao has rapidly become DeFi’s largest protocol judged by TVL (Total Value Locked), as it allows users with less than 32 ETH or technical knowledge to participate in Ethereum staking- a brilliant provider of passive income. But what if users could earn passive income from NFT staking? DigiToads introduces this mechanism, and those savvy enough to acquire one or more of the 3,500 collection will be able to earn rewards in perpetuity. With 2% of every transaction within the ecosystem funding this pool and only 3,500 of these popular NFTs available, these payouts will likely rapidly outpace LidoDAO’s staking payouts.
The Deflationary TOADS Versus MakerDAO
MakerDAO mints the decentralized stablecoin DAI, and every time a position is closed, part of the fee goes towards burning $MKR. This deflationary mechanism adds value to $MKR, but DigiToads takes deflationary tokenomics to an entirely new level. Its highly aggressive burning strategy will rapidly reduce the total supply of TOADS, enforcing scarcity and putting serious upwards pressure on price.
Closing Thoughts
Analysts have confidently cited TOADS as one of the best cryptos to buy now, and looking at the utility offered by this unique ecosystem, it is easy to see why. The real focus of early investors is to acquire a Toads NFT, which, again due to their passive income properties, have entered the conversation of top NFTs to buy. DigiToads has a dynamically adjusting price throughout its presale and no vesting period meaning paper gains can become realized at any point. Regarding the best altcoins to invest in this year, TOADS looks ready to snatch the title.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.
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