CROWD Burning Strategy
To reduce the totall supply of our native token, CrowdSwap conducts token burns based on different strategies:
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.
For more info What Does Token Burning Mean?
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 0xe9f0...b3986
Date of Burn
Type of Burn
Jul. 01, 2022
Promotional
CROWD burnt
2,500,000 CROWD
Transaction ID 0xad83...0ff18
Date of Burn
Type of Burn
Aug. 01, 2022
Promotional
CROWD burnt
2,500,000 CROWD
Transaction ID 0x8b46...99879
Date of Burn
Type of Burn
Sep. 01, 2022
Promotional
CROWD burnt
30,000,000 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
30,000,000 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.
