CROWD Burning Strategy

To reduce the totall supply of our native token, CrowdSwap conducts token burns based on different strategies:

Burning on every CROWD bridge. We have planned to burn an amount of the fee generated on CROWD bridge transactions.
Burning at specific periods. Since 2022, we used to burn CROWD tokens at the beginning of each month. Currently, we do mega burnings every quarter till the end of 2025.

487M CROWD
01,12,2024

391M CROWD
01,12,2023

111M CROWD
01,12,2022

111M CROWD
01,12,2022

2025

2024

2023

2022

One of the methods for enhancing the value of CROWD tokens is the burning strategy. This approach reduces the total supply of tokens, contributing to the potential increase in token value. To improve our tokens' stability and long-term success, we employ this strategy in conjunction with other marketing initiatives and supply management practices.

Effects of Token Burning on the Future of CROWD

Scarcity and Demand

By burning tokens, the total supply decreases, creating increased demand among investors and users as the token becomes scarce.

Value Appreciation

The reduction in total supply generally leads to an increase in the value of the remaining tokens, potentially benefiting current holders and attracting new investors.

Community Trust and Engagement

Transparent and well-executed token burning strategies can build trust within the community.

Stability and Long-Term Sustainability

Token burning can enhance the stability of the token's value over time. A controlled reduction in total supply can contribute to a more stable and predictable ecosystem for CROWD tokens.

By carefully managing token supply through burning, CrowdSwap aims to shape a positive trajectory for the future of CROWD, fostering a robust and sustainable ecosystem.

Details of Burning

Date of Burn

Type of Burn

Apr. 01, 2022

Promotional

CROWD burnt

8,500,000 CROWD

Transaction ID 0xabc5b...149fe

Date of Burn

Type of Burn

Apr. 01, 2022

Promotional

CROWD burnt

8,500,000 CROWD

Transaction ID 0xabc5b...149fe

Date of Burn

Type of Burn

Apr. 01, 2022

Promotional

CROWD burnt

8,500,000 CROWD

Transaction ID 0xabc5b...149fe

Date of Burn

Type of Burn

Apr. 01, 2022

Promotional

CROWD burnt

8,500,000 CROWD

Transaction ID 0xabc5b...149fe

Date of Burn

Type of Burn

May. 01, 2022

Promotional

CROWD burnt

2,500,000 CROWD

Transaction ID 0x71930...0195b

Date of Burn

Type of Burn

Jun. 01, 2022

Promotional

CROWD burnt

5,000,000 CROWD

Transaction ID 0x71930...0195b

Date of Burn

Type of Burn

Jul. 01, 2022

Promotional

CROWD burnt

2,500,000 CROWD

Transaction ID 0x71930...0195b

Date of Burn

Type of Burn

Aug. 01, 2022

Promotional

CROWD burnt

2,500,000 CROWD

Transaction ID 0x71930...0195b

Date of Burn

Type of Burn

Sep. 01, 2022

Promotional

CROWD burnt

20,000,000 CROWD

Transaction ID 0xd9679...2905d

Date of Burn

Type of Burn

Oct. 01, 2022

Promotional

CROWD burnt

20,000,000 CROWD

Transaction ID 0xd8c8d...f7e71

Date of Burn

Type of Burn

Nov. 01, 2022

Promotional

CROWD burnt

30,000,000 CROWD

Transaction ID 0x7bb9c...59761

Date of Burn

Type of Burn

Dec. 01, 2022

Promotional

CROWD burnt

20,000,000 CROWD

Transaction ID 0x4e882...e33b1

Date of Burn

Type of Burn

Jan. 01, 2023

Promotional

CROWD burnt

20,000,000 CROWD

Transaction ID 0x4b87e...5c05f

Date of Burn

Type of Burn

Feb. 01, 2023

Promotional

CROWD burnt

20,000,000 CROWD

Transaction ID 0x1252c...3cabe

Date of Burn

Type of Burn

Mar. 01, 2023

Promotional

CROWD burnt

20,000,000 CROWD

Transaction ID 0x3a935...782b6

Date of Burn

Type of Burn

Apr. 01, 2023

Promotional

CROWD burnt

20,000,000 CROWD

Transaction ID 0x1791d...3bf4b

Date of Burn

Type of Burn

May. 01, 2023

Promotional

CROWD burnt

20,000,000 CROWD

Transaction ID 0xd3f96...af309

Date of Burn

Type of Burn

Jun. 01, 2023

Promotional

CROWD burnt

20,000,000 CROWD

Transaction ID 0x75436...f3fd6

Date of Burn

Type of Burn

Jul. 01, 2023

Promotional

CROWD burnt

20,000,000 CROWD

Transaction ID 0x079c1...6a389

Date of Burn

Type of Burn

Aug. 01, 2023

Promotional

CROWD burnt

20,000,000 CROWD

Transaction ID 0xcd87d...f483a

Date of Burn

Type of Burn

Oct. 01, 2022

Promotional

CROWD burnt

20,000,000 CROWD

Transaction ID 0x4e882...e33b1

Date of Burn

Date of Burn

Date of Burn

Date of Burn

Date of Burn

1’000’000 CROWD

1’000’000 CROWD

Date of Burn

Date of Burn

Date of Burn

Date of Burn

Date of Burn

1’000’000 CROWD

1’000’000 CROWD

Date of Burn

Type of Burn

Dec. 20, 2023

Promotional

CROWD burnt

100,000,000 CROWD

Transaction ID 0x41498...d103c

Frequently Asked Questions

The initial total supply of CROWD tokens started at 1 billion, but CrowdSwap has strategically burned tokens as part of its token management strategy. This reduction is aimed at adjusting the overall token supply.

Token burns are a part of CrowdSwap’s strategy to manage the CROWD token supply effectively. The burns contribute to reducing the total supply, aligning with the platform’s long-term goals and plans.

CROWD burning plan is part of CrowdSwap’s efforts to fine-tune the tokenomics. Aligned with this goal, we will decrease the total supply of CROWD tokens to around 500 million over the next two years through two mechanisms:

  • Burning tokens at various intervals over two years.
  • Automatically burning a portion of the fees generated in the CROWD bridge after each transaction.

In 2023, CrowdSwap anticipates a total supply of 670 million CROWD tokens, with a circulating supply of 270 million. For 2024, the total supply is expected to be 510 million, with a circulating supply of 350 million. In 2025, the total supply is projected to remain at 510 million, with the circulating supply targeted to exceed 400 million.

One of CrowdSwap’s goals is to expand the CROWD market by attracting new users and developing liquidity pools. In line with this endeavor, we are committed to precisely adjusting the circulating supply to align with long-term objectives.
The total supply decreases over time, and the circulating supply is set to exceed 80% of the total supply by the end of 2025 through the utilization of staking and liquidity pool incentives, cross-chain distribution to users, and decreasing the strategic reserve of CROWD. So, by reducing CROWD’s strategic reserve amount and expanding our market share and community, we will have more tradable tokens in public.