Toaster Finance
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Toaster Finance simplifies DeFi investing by combining Swap, Bridge, and LP staking on one page, with portfolio management and bot-assisted alerts for position rebalancing.
  1. Description

Toaster Finance is a DeFi All-In-One service that makes it fast and easy to access and invest in multiple DeFi protocols. It substantially enhances the UX of DeFi investing by abstracting the necessary transactions involved, Swap, Bridge, and LP providing on a single page. It improves both the time cost of exploring pools or tokens to invest in and the monetary cost of fees and slippage. After staking LPs, users can manage their assets on Toaster Finance at once through withdrawal, rebalance, and collection fees.

Toaster Finance makes it easy for users to access cutting-edge DeFi protocols without having to learn how to use them. With Toaster Finance, users can save time and money participating in DeFi and enjoy investing quickly and easily. Investors can diversify their strategies with Toaster by moving their holdings around without restrictions, and there are endless strategies users can use to invest, so they can use Toaster in their own style.

  1. Major Features

As stated in the Project Description, Toaster Finance is a DeFi All-In-One service that makes it easy and fast to access multiple DeFi protocols by solving Swap, Bridge, and Stake LPs on a single page. To create an ecosystem that makes DeFi easier and faster for everyone to enjoy, Toaster Finance is building the following features: Invest, Exchange, Manage Portfolio, Bot, Lending, and RWA. Invset, Exchange, and Portfolio already have the basics implemented and are ready to be extended with additional chains and protocols. Bots and Lending are currently in development.

Before introducing the features, let's talk about the protocols and chains we support. We currently support five protocols: Uniswap V3, Pancakeswap V3, Curve Finance, Lido, and Stargate. We also support six chains: Ethereum, Binance Smart Chain, Polygon, Arbitrum, Optimism, and Base. The number of supported protocols and chains will be expanded as the market reacts and Toaster Finance's standards evolve, but we are committed to ensuring that all protocols and chains that are meaningful to our users are available on Toaster Finance.

The more accessible DeFi becomes to investors, the more impactful the existing players become. This is analogous to how a country's center becomes more active when it develops transportation between the center and periphery for balanced regional development. It's the same with Layer2 chains: fast, reliable, and simple chains will attract more people and accelerate progress. Toaster Finance will serve as a vehicle to increase the overall market pie, and in doing so, the DeFi market, Arbitrum, and Toaster Finance will grow together.

  • Invsest Toaster Finance aggregates the pools that exist on supported protocols and chains in one place. Users can sort the pools according to their preferred criteria, such as APR and TVL, and select the desired investment. Once a user has selected a pool, we help them convert their assets into a form that can be deposited into that pool, all on one page. Users can finalize their swap, bridge, and stake LP on one page, saving both time and money. Currently supporting V3's investment methodology, users can set a price range when investing in a pool and be informed of the resulting APR. Once invested, they can see if their position is within the price range, and even rebalance if it's out of range. Currently, Toaster Finance supports 162 pools.

  • Exchange Toaster Finance makes the process of exchanging tokens on a DEX very simple. It supports multiple swap and bridge services on a single page, allowing you to exchange any asset you own into tokens on any chain.
When you manage your assets through your personal wallet, you can truly say you own them. The desire to participate in the blockchain ecosystem and leverage your holdings is realized through DeFi, and the most basic starting point for this is to exchange your tokens for the form you want. The ability to exchange is also essential when looking for tokens that are not available for purchase on CEXs. Toaster Finance addresses this pain point and makes it easier for more people to manage and move their wealth. Many tokens make it a point to be swappable on UniSwap when they first list on a DEX, especially when tokens like PEPE and DOGE become popular, users flock to DEXs to buy them. At this point, Toaster Finance gives users a way to buy the tokens they want, no matter what assets they have, when they want to buy them. Currently, Toaster Finance offers a total of 150 exchange directions across the chains it supports.

  • Manage Portfolio Portfolio feature allows users to see at a glance the assets they own across multiple chains. This allows you to instantly see if your transactions have been completed properly after completing an Invest or Exchange process, as well as manage withdrawals, rebalancing, and collecting fee for your positions if you have staked LPs.
When you invest in DeFi, you're managing assets across multiple chains and tokens. The ability to aggregate and display your scattered assets and manage your positions is a huge time saver. The rebalance feature in particular maximizes this advantage. We shows green and red circles to indicate whether a position is in or out of the normal range, so users can intuitively understand the status of their positions, and if they want to re-deposit into the normal range, they can easily manage their positions by pressing the Rebalance button.

  • Bot
 Toaster Finance supports bot services to help users invest quickly and easily. We plan to support a number of features to help with investing.
For example, despite the existence of the Rebalance feature in My Portfolio, it is inconvenient for users to constantly check if their positions are in the right range after adding liquidity. The Toaster Finance Bot will send out alerts at a frequency of the user's choosing to let them know if their positions are well within the price range. This allows users to be informed about their positions via Telegram and easily manage their positions on Toaster Finance by pressing Rebalance if they are out of range.

-> For a more detailed process, check out the Project Guides in Gitbook(https://docs.toaster.finance/)

  1. Conclusion

We aim to provide a personalized investment environment without limits and without deep knowledge of DeFi. To this end, in addition to the major features mentioned above, we will support features such as investment recommendations, account abstraction, automatic rebalancing bots, and position backtesting in the future. We applied to ArbitrumDAOGrants because we believe that Arbitrum is a fast and stable chain that can maximize users' DeFi UX experience.

Website: https://toaster.finance/ Twitter: https://twitter.com/toasterfinance Gitbook: https://docs.toaster.finance/

Toaster Finance History

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