Toshi (TOSHI) tokenomics

Toshi ($TOSHI) is a decentralized protocol and memecoin on the Base blockchain, named after Satoshi Nakamoto and Coinbase co-founder Brian Armstrong's cat. Originally launched as a memecoin, it has evolved into a utility-driven ecosystem providing open-source, permissionless tools for creators and developers on Base.

Issuance and Allocation Mechanism

Toshi was designed with a community-first approach, transitioning from a standard memecoin structure to a decentralized autonomous organization (DAO).

• Initial Supply and Tax Structure: Historically, Toshi implemented a 3% buy/sell tax on transactions. This mechanism allowed the project to build a "warchest" for development, operations, and marketing.
• Tax Removal: Following a historical governance vote by the majority of token holders, the transaction tax was removed. Toshi is now a 0 tax token, facilitating frictionless trading and transfers.
• Airdrops: The protocol has utilized airdrops to distribute tokens to early supporters. A specific second airdrop event distributed 20,000 TOSHI pro-rata to LP NFT stakers and 10,000 TOSHI to the top 50 Gen 1 pack openers.
• Liquidity Incentives: An allocation of 10,000 TOSHI was specifically designated for liquidity locking incentives. Additionally, 10% of sales from certain NFT packs (Toshimon) were used to purchase LP NFTs to be awarded as tournament prizes over a five-year period.

Usage and Incentive Mechanism

The $TOSHI token serves as the central utility and governance asset within the "Toshi Tools" ecosystem.

Toshi Tools Utility

The protocol generates revenue and provides utility through a suite of tools. Holding or "hodling" Toshi tokens provides significant fee discounts for users:

• Multisender: Used for efficient large-scale transactions, such as airdrops or token migrations.
• Token Launcher & Launchpad: Facilitates the creation of new tokens and project fundraising on the Base network.
• Toshi Mart: A 1-click social launch and trading platform for memecoins on Base.

Governance (Meow DAO)

The Meow DAO is the heart of Toshi's decentralized governance.

• Voting Power: Each $TOSHI token represents one vote.
• Decision Making: Token holders and NFToshi holders influence key protocol decisions, such as the removal of transaction taxes and the migration of liquidity pools.
• Liquidity Migration: The DAO manages the transition of liquidity from V2 to V3 pools to optimize liquidity strategy and ranges.

Locking Mechanism and Unlocking Time

Toshi provides infrastructure for other projects to manage their token lifecycles while maintaining its own security standards.

• Token Locker: A tool for developers to vest or lock team tokens. It provides a transparent schedule for token entry into the market, aligning with project milestones.
• Liquidity Locker: Specifically designed to secure liquidity (LP tokens), preventing sudden withdrawals and providing "proof of stability" to the community.
• Lock Viewer: A public feature that allows anyone to verify the lockup periods and lifecycle details for any token using the Toshi locking infrastructure.
• Vesting Schedules: While specific internal team vesting schedules for the original Toshi launch are not detailed in the provided records, the protocol's tools are used to enforce 7-day unlock periods during liquidity migrations and 5-year prize distribution schedules for specific incentive pools.

Information regarding specific, current individual wallet unlock dates or a comprehensive master unlock table for the $TOSHI total supply was not available in the provided data.