I only found an ini in eclipse subdirectory
➜ sudo cat /Applications/Toad\ Edge.app/Contents/eclipse/ToadEdge.ini
-startup
../eclipse/plugins/org.eclipse.equinox.launcher_1.4.0.v20161219-1356.jar
--launcher.library
../eclipse/plugins/org.eclipse.equinox.launcher.cocoa.macosx.x86_64_1.1.551.v20171108-1834
-vm
../lib/jre/lib/jli/libjli.dylib
--launcher.defaultAction
openFile
-name
Toad Edge
-showsplash
-vmargs
-Dfile.encoding=UTF-8
-Dcom.quest.toad.jdbc.mysql=../lib/drivers/mysql-jdbc.jar
-Dcom.quest.toad.jdbc.postgres=../lib/drivers/postgresql-jdbc.jar
-Dcom.quest.toad.jdbc.edb=../lib/drivers/edb-jdbc.jar
-Dlog4j.configuration=file:../eclipse/configuration/log4j.xml
-XstartOnFirstThread
-Dorg.eclipse.swt.internal.carbon.smallFonts
