Safety and risks

• Fixed supply. Every token launches with a supply of exactly 1 billion. Nobody can mint more. The supply only goes down, through burns.
• Locked liquidity. The pool created at graduation can never have its liquidity removed, by anyone.
• A standard token. Cru tokens behave like ordinary ERC-20 tokens in wallets and apps. Transfers carry no tax, and the crew rules only keep a record. They can never block a transfer.
• No upgrades. None of the Cru contracts can be upgraded or swapped for new code.
• Launch protection. The creator buy lands in the launch transaction, and the snipe tax makes buys in the first 5 seconds expensive for bots.
• Paced buybacks. Each buyback spends only 1/12 of the vault and stops at a 1% price move.

The Cru contracts have an owner account with two powers:

• Change the treasury address that receives the protocol share of fees.
• Pause new launches. A pause stops new tokens from being created and nothing else.

The owner cannot:

• move any token's curve ETH, pool liquidity, rewards or buyback vault;
• change the trading fee, its split, the snipe tax or any other rule;
• mint tokens, or freeze, tax or block transfers;
• pause trading, claims, buybacks or referral withdrawals.

• Anyone can launch a token. Cru does not review, vet or endorse any token, creator or project.
• Prices move fast. Early on, a single trade can move a bonding curve price a long way, in either direction.
• Rewards are not guaranteed. They depend on how much the token trades and on you holding. A token with little trading earns its crew very little.
• A token may never graduate. If a token never sells out its curve, nobody can claim its rewards and its buyback vault is never spent. You can still sell back to the curve.
• Creators can hold large positions. A creator can buy as much as they like at launch, before anyone else, and can hold more in other wallets. Selling from the launch wallet reduces their creator share, but nothing stops them selling.
• Other pools skip the fee. Anyone can open another pool for a Cru token, and trades there pay nothing to the creator or crew.
• Smart contracts can have bugs. A flaw in the contracts, or in Uniswap or Robinhood Chain, could lead to a loss of funds.
• Transactions cannot be reversed. A trade, transfer or sell that forfeits rewards is final.

• Check the token address on the token page before you trade, especially if you found it through a link.
• Keep your slippage setting low. High slippage makes your trade an easy target for sandwich bots.
• Read the forfeit warning before you confirm a sell of crew tokens.
• Never share your wallet's recovery phrase or private key with anyone.

Nothing on Cru is financial advice. Read the terms before you launch or trade.