Toll Free Swap (TOLL)

TollFreeSwap is a cutting-edge decentralized fee reclaim and fee-less exchange for swapping ERC-20 tokens. It uses an automated market maker (AMM) model to determine excess gas fees spent on each transaction within the ecosystem and refunds these fees to the user.

Built on the Ethereum network, TollFreeSwap refunds fees on ERC-20 transfers and will integrate other gas-consuming decentralized applications.

Key components and dApps in the ecosystem include:

• Swapping from one token to another
• Reclaim dApp
• Token transfers
• Staking TOLL – A minimum of 1 TOLL must be staked to qualify for a gas refund.

Currently, TollFreeSwap integrates the Uniswap and SushiSwap layer proxy contracts, determining paid fees and processing refunds. More proxy contracts for additional applications are being developed.

For example, when swapping ETH to USDT, TollFreeSwap calculates the extra gas fees spent and sends them back to the user’s wallet in the same transaction, provided it is routed through TollFreeSwap. Since TOLL is an ERC-20 token, it is mined by processing transactions via the TollFreeSwap proxy. This means that the number of TOLL tokens in circulation grows with the number of transactions.

The Toll Token

Our mission is to offer a solution to high gas fees on the Ethereum network, enabling broader participation in blockchain technology while incentivizing Ethereum network usage.

Token Utility

The TOLL token powers the TollFreeSwap ecosystem and is utilized in the following ways:

• Ether gas reclaim requires holding TOLL tokens.
• Spend TOLL on premium products and services.
• Stake TOLL to receive rewards and access freemium features.
• Holding TOLL allows users to reclaim excess Ether spent on gas for a given transaction.