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A new local community token for Toronto: An asset-backed circular economy token with demurrage and charity component built in, that's soft-pegged to the value of the TTC Tokens. Not technically a stable coin but almost.

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GreenPill-TO/TorontoCoin

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TorontoCoin

A new local community token for Toronto: An asset-backed circular economy token with demurrage and a charity component built in, that's soft-pegged to the value of the TTC Tokens. Not technically a stable coin but almost.

Overview

TorontoCoin (TTC) aims to create a sustainable and inclusive economic system for the Toronto community. This token is designed to promote local commerce, support charitable initiatives, and maintain stable value through asset backing and demurrage mechanisms.

Key Features

  • Asset-Backed: TTC is backed by real-world assets to maintain value.
  • Circular Economy: Encourages spending within the community to boost local businesses.
  • Demurrage: A small fee on holding TTC to incentivize spending and circulation.
  • Charity Component: A portion of transaction fees is allocated to local charities.

Read these for more details:

Demo

Watch the Demo https://github.com/user-attachments/assets/8193e3ab-f7ce-4f59-905f-569460f6b138

Smart Contracts

The main Toronto Coin contract

  • TCOIN: https://sepolia.etherscan.io/address/0x9c4671a1553db37747d8782608b60a891c27d5af

Standard ERC20 contracts to represent the off-chain treasury of the DAO

  • TTCCOIN: https://sepolia.etherscan.io/address/0x3abda3f881527e9d88c3f881edef99c5ab38df1b

  • CADCOIN: https://sepolia.etherscan.io/address/0xdabadd36f587803bfc8f1eaf1c40f243378b9785

Supporting contracts to orchestrate minting, burning, pricing, and DAO governance

  • Orchestrator Contract: https://sepolia.etherscan.io/address/0x0418b1bca5dfdd90aef2a66d043a62bce20bbad3

  • Voting Contract: https://sepolia.etherscan.io/address/0x79efe9ee4066fd980a676e69d29499346bd0ff56

Contributing

We welcome contributions from the community! Please feel free to submit issues and pull requests.

License

This project is licensed under the MIT License - see the LICENSE file for details.

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A new local community token for Toronto: An asset-backed circular economy token with demurrage and charity component built in, that's soft-pegged to the value of the TTC Tokens. Not technically a stable coin but almost.

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