CROWD Use Cases
Powering Possibilities, Fueling Futures
CROWD is the native utility token of CrowdSwap. CROWD holders can enjoy various benefits.
CROWD token serves as the fundamental unit of value and utility within the CrowdSwap ecosystem. It is designed to play a crucial role in shaping the project’s growth, governance, and user engagement. The token is endowed with versatile functionality that contributes to the project’s sustainability, community participation, and ecosystem development.
Decentralized Autonomous Organization (DAO) Governance:
CROWD token holders wield the power to actively participate in the decision-making processes of CrowdSwap’s development through a decentralized governance model. With a say in proposals, upgrades, and strategic directions, token holders can collectively shape the future of the platform. Voting on proposals for network improvements, feature prioritization, and protocol upgrades empowers the community to steer CrowdSwap’s trajectory.
VIP Club and Rewards System
The VIP Club offers a multi-tiered membership structure where token holders can access exclusive benefits and rewards based on their token holdings and engagement level. Different VIP levels grant access to premium features, enhanced rewards, priority customer support, and unique privileges within the ecosystem. As users accumulate and hold more CROWD tokens, they unlock higher VIP levels, fostering loyalty and engagement.
CROWD as Utility Token for Transactions
CROWD plays a key intermediary in cross-chain transactions, ensuring better pricing and increasing token flow. But how?
Our cutting-edge method leverages CROWD to transform your trading experience. When you perform a cross-chain transaction, your asset from the source blockchain is securely locked in a smart contract. This action starts a smooth, effective process. On the target blockchain, CROWD from our treasury obtains your desired token by tapping into various pools on multiple DEXs. CROWD thus acts as a liquidity provider, ensuring you receive the tokens in the destination account.
For example, if you want to exchange 100 MATIC from Polygon to BNB on the BSC, CrowdSwap deposits the MATIC in a smart contract. An equivalent amount of CROWD is then swapped in the CROWD/BNB pool. At the end, you will find your desired BNB in your wallet.
What happens to the entered-into-market CROWD in this feature?
In this context, a buyback algorithm reacquires the sold CROWD, choosing the optimal time after evaluating its market position. This is done to avoid any decrease in its value. The buyback mechanism deters CROWD's market manipulation, helping keep its value stable and healthy.
What is the advantage of this method?
As CROWD is the native token of CrowdSwap and we can repurchase it, we can offer the user better prices than other platforms based on market conditions and different plans, such as fee removal. A key benefit of this strategy is that users get back the exact token they provided without any replacement if a transaction is canceled. This enhances the user experience significantly.
CROWD is the native utility token of CrowdSwap. CROWD holders can enjoy various benefits.
Exclusive features & opportunities
Joining DAO and earning a share of platform revenue
CROWD is designed to play a crucial role in shaping the project’s growth, governance, and user engagement, and it plays an important role in improving and performing the services provided.
Use Cases
Cross-Chain Facilitator
Liquidity provision in cross-chain transactions represents a significant challenge within the blockchain domain. By leveraging CROWD as a key liquidity source for Cross-Chain trades, CrowdSwap ensures required liquidity while delivering optimized pricing. This approach results in lower fees and superior swap rates on bridges, streamlining the trading experience.
Effortlessly swap your favorite cryptocurrencies across different networks
Consider the diagram below as an example.
Joining DAO Governance
Joining the DAO (Decentralized Autonomous Organization) empowers CROWD holders to have a voice in the decision-making processes of CrowdSwap’s development, shaping the platform's future and a share in revenue distribution.
The more CROWD, The more voting power, The more income
The platform's earnings serve multiple purposes. 70% of the earnings go to CROWD holders, while 20% covers operational costs, and the remaining 10% is allocated towards burning and buybacks.
Rewarding and giving incentives
Achieving CrowdSwap's vision requires commitment from both investors and the community. Investors (for instance, on liquidity pools or staking opportunities) fuel CrowdSwap by providing liquidity, so they deserve rewards for their contributions. These rewards are given in the form of a CROWD.
Fueling growth, rewarding commitment - CROWD powers CrowdSwap's ecosystem
Additionally, participants in bug bounty programs will be rewarded with CROWD, further enhancing platform security and community involvement. Also, prizes from some campaigns will be given to the participants through CROWD.
Exclusive VIP access
To build an engaged and motivated community, CrowdSwap employs various strategies designed to inspire active participation and promote the platform as a valuable resource. Users who increase their holdings and VIP status will unlock exclusive offers on CrowdSwap, significantly enriching their platform experience and benefits. Users who accumulate and hold more CROWDs unlock higher VIP levels, fostering loyalty and engagement.
Higher VIP level, Unlock more premium features, Enhanced rewards
Transactions Fee Cashback
Through various trading programs and campaigns, traders are rewarded with CROWDs through diverse trading programs and campaigns. With each exchange facilitated on the platform, users effortlessly receive a portion of their transaction fees reimbursed in CROWDs, promoting engagement and enhancing the trading experience.
Earn CROWD as you trade, Enhancing your experience
CROWD is available on reputable platforms
How does the CROWD generate and preserve its value?
Over the past few years, CrowdSwap has developed multiple features with CROWD as a central element. Attracting more users and increasing usage has generated greater value and positioned CROWD for enhanced worth, especially with the anticipated launch of our DAO in the near future. Additionally, an automated burning plan integrated into our cross-chain operations acts as a deflationary mechanism, aiming to increase its value over time.
