Craze price

CRAZE

#9875

Launched in December 2024, Craze is an Ethereum-based protocol that aims to simplify token creation and enhance the decentralized finance (DeFi) ecosystem. The platform offers a gasless experience, significantly reducing transaction costs associated with token launches, staking, and trading. Craze provides a seamless environment for developers and communities to launch and manage tokens while addressing Ethereum’s long-standing issue of high gas fees.

Craze features a user-friendly interface that allows users to create custom tokens without technical expertise. These tokens can be deployed with low overhead costs, ensuring accessibility for small projects and emerging communities. The platform also includes staking pools, enabling users to stake Craze tokens and earn Ethereum rewards, further integrating staking into the broader ecosystem.

A key component of Craze is its commitment to rewarding liquidity providers and fostering engagement within its ecosystem. The platform plans to introduce a gasless decentralized exchange (DEX) as part of its roadmap. Initially supporting Craze and Ethereum swaps, this DEX will allow users to conduct transactions without gas fees, creating a cost-effective alternative to traditional platforms like Uniswap. Over time, Craze intends to onboard other Ethereum-based projects to its gasless swap, fostering strategic partnerships and expanding its utility.

Craze’s governance and tokenomics prioritize security and transparency. Team tokens are locked into a linear vesting schedule over 12 months, while marketing and centralized exchange liquidity tokens are locked for three months with an option for extension. The platform also supports community-focused initiatives, including competitions and giveaways designed to encourage token creation and trading.

Craze aims to address Ethereum’s scalability and cost challenges while providing tools for token creators and DeFi participants. The project is designed to align with Ethereum’s ecosystem while offering innovative features, such as a gasless protocol and streamlined token management. Craze is positioned to contribute to the growth of DeFi and empower communities within the Ethereum network.