Getting started
Overview
Cru is a token launchpad on Robinhood Chain. People who buy a token before it graduates form its crew, and the crew shares that token's trading fees for as long as they keep holding.
At a glance
- Fixed supply of every token
- 1B
- In the curve at graduation
- 4.2 ETH
- Fee on every trade
- 1%
- After graduation, rewards open
- 24h
Every token on Cru follows the same rules. They are written into the smart contracts, so they apply the same way to everyone and nobody can change them for a single token.
The life of a token
- 1A creator launches. The token is created with a supply of 1 billion. 800 million of them go on sale on a bonding curve, and the other 200 million are held back for the trading pool. The creator can buy in the same transaction, before anyone else. Launching a token
- 2People buy on the curve. The curve sets the price by formula: every buy raises it and every sell lowers it. Buys in the first 5 seconds pay a snipe tax that starts at 99%. Buying and selling
- 3The crew forms. Everyone who buys on the curve is in the crew for as long as they hold those tokens. The crew
- 4The token graduates. When all 800 million curve tokens are sold, the curve holds 4.2 ETH. That ETH and the 200 million reserved tokens go into a Uniswap V4 pool, and the liquidity is locked for good. Graduation
- 5Every trade pays out. Each buy and sell pays a 1% fee in ETH, split between the creator, the crew and the protocol. Rewards can be claimed from 24 hours after graduation. Fees and rewards
- 6Unowned fees buy back and burn. Fee shares that nobody is owed, such as the share of a crew member who sold, buy the token back from the pool and burn it. Buyback and burn
Where the 1% fee goes
The fee is the same on the bonding curve and in the pool, on buys and on sells. It is always taken in ETH.
| Goes to | Share of the fee | Of each trade |
|---|---|---|
| Creator | 35% | 0.35% |
| Crew | 35% | 0.35% |
| Protocol | 30% | 0.30% |
On a 1 ETH trade the fee is 0.01 ETH: 0.0035 ETH to the creator, 0.0035 ETH shared across the crew and 0.003 ETH to the protocol.
The rules in short
- You join the crew only by buying on the bonding curve before graduation. Buying in the pool afterwards adds tokens to your wallet but no crew share.
- Your share of the crew fee depends on how many of your crew tokens you still hold.
- Selling or transferring crew tokens gives up that part of your share for good, along with the same part of your unclaimed rewards. Both go to buyback and burn.
- The creator earns the creator fee only if they bought at least 0.05 ETH in the launch transaction, and only while they hold those tokens.
- Nobody can claim until 24 hours after graduation, the creator included. After that you can claim at any time.
- Rewards are paid in ETH.
Get started
Browse live tokens on the Explore page, or start your own on the Launch page. Before you trade, read Safety and risks and the terms.