# Migration

<figure><img src="https://963913169-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1gc0yi2ehK5T1nlbyWpV%2Fuploads%2F7s7SmbzkTtwS1IjrmBGx%2FGlass.png?alt=media&#x26;token=86a1035b-3e91-48c9-8067-4f89fa735fb0" alt="" width="375"><figcaption></figcaption></figure>

Toshi was initially launched as a tax token, however the Leet DEX exploit resulted in only one trustworthy DEX left over that was a viable option, that being Sushi V3. &#x20;

Toshi was a tax token before the relaunch on Sushi, but due to Sushi being V3, it automatically becomes a 0 tax token.  Due to this forced migration to V3, Toshi lost the possibility of revenue generation through taxes to support the project.  A decision was made to relaunch the token through Sushi V2.

The new Toshi contract contained a 3%/3% transaction tax.

Toshi tokens for the relaunch were airdropped to holders & CEX's.

A whitelist function was retained in the new contract for CEXes and the market makers, so they would be exempt from taxes, leaving us the widest array of partners possible.&#x20;

Taxes are used for the following-

* **Exchange listings**
* **Paying and hiring team members**
* **Building a treasury**
* **Marketing**
* **Toshi Art**
* **Other fun activities**

### Meow DAO Tax Removal Vote & Uniswap V3

Subsequent to the above migration, the newly enacted Meow DAO Vote #2 offered the community the opportunity to vote on keeping the taxes, or reducing to 0%/0% token tax.

A successful and historical Meow DAO vote resulted in a final decision to remove taxes to 0%, and thus a migration of the liquidity pools to Uniswap V3.

{% embed url="<https://medium.com/@ToshiBase/meowdao-votes-for-0-tax-678bb0b9c7e0>" %}

{% embed url="<https://medium.com/@ToshiBase/toshi-migration-the-worklock-and-more-d784734c5f9b>" %}

{% embed url="<https://medium.com/@ToshiBase/toshi-migration-has-begun-271cab5b778b>" %}

{% embed url="<https://medium.com/@ToshiBase/the-official-toshi-migration-announcement-5eeb70b7f3aa>" %}

{% embed url="<https://medium.com/@ToshiBase/toshi-update-migration-implementing-taxes-worklock-incorporation-and-more-b46bb7f674ce>" %}
