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CRUDE

$CRUDE is designed to ensure the best returns for the users where the rewards are offered for each smart vault. Smart vaults ensure a higher cumulative APY as the manual intervention from the user is no longer required to manage his assets to optimize yields. $CRUDE will be the native governance token where users can directly take part in the decision-making process by holding $CRUDE and staking to take part in the governance mechanisms.

Furthermore, a portion of the platform fee will be distributed among the CRUDE stakers in our platform which will be an additional reward. A portion of the platform fee is directed towards buying back CRUDE from the market. These bought-back tokens are burned forever which will result in the reduction of the total supply over time, making it a scarce asset. This process will continue till the total supply becomes 5000 CRUDE.