TOFFEE

TOFFEE

Created using Figma
Created using Figma
To be announced
Token Details
Ticker
TOFY
Additional Details
Categories
Platform

About TOFFEE

Toffee is the reference token for SAFEFARM within the MarshMallow ecosystem, it is a digital currency received in exchange when you Pool or Farm your Reflection Tokens. Toffee is a mintable token and serves multi-functional purposes including the remuneration, purchase and exchange of NFTs on the platform within the Marshmallow Marketplace. All TOFY used for the exchange and purchase of NFTs will be burned to decrease the amount of the currency in circulation, control token inflation whilst increasing its overall value. The basic idea is to create real NFTs made and developed by professionals in the sector, to bring to the community real valuables that can be exchanged and appreciated over time. The Toffee token was created to control and manage this entire mechanism. Plans are in the works to create teams that will help foster continuous user interaction on the network and ensure the development of the entire ecosystem.

Features

Burning Mechanism We have implemented a perpetual burning mechanism that serves as a mechanism to ensure that TOFY is kept consistently high. In particular:
  • A 5% burn fee will be charged at staking;
  • 80% of the burn fee will be used to buyback TOFY and burn it;
  • 10% will be sent to the developer’s address;
  • 10% will be held in escrow for MarshmallowDeFi, for future projects; and
  • We're in the process of introducing unique TOFY NFTs as a further means by which TOFY will be burned so as to keep the value high.
Security
  • Timelock added to contract at launch; and
  • Removed migrator code (inherited from Pancake swap).

Activity

Followers:
7 037
HIGH
Tweets:
160
MEDIUM
30 Days Growth:
-185
Members:
320
VERY LOW
30 Days Growth:
-29
Alexa

Rank:
310 892
MEDIUM
Delta:
-235 368

TOFFEE Last News

$ 1.5001E-8
Crypto Stats
Daily, %:
Weekly, %:
Monthly, %:
Market Info
Market Cap:
Volume 24h:
$ 0.6316
Circ. Supply:
Ticker:
TOFY
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