- $CRASH burnt
- —of total supply
- Spent buying it
- —ether, from trading fees
- Waiting to convert
- —burns at 0.05 ETH
reading the chain…
What happens when you open a short
01You send ether to the router. Two percent is taken and sent to the
buyback contract before anything else happens — a routed position cannot exist
without its cut having been paid.
02The remaining ninety-eight percent opens your short on the desk, at the
cap that market's own pool supports, read in the same transaction as your entry.
03Once the buyback holds more than 0.05 ether, the next trade through the
router swaps the lot for $CRASH and sends it to 0x…dEaD. It waits until
then because a Uniswap V4 swap costs more gas than converting a few thousandths is
worth.
04Anyone can trigger that conversion themselves at any time. It is a
public function on a contract with no owner.
Why this is not a promise
Most buybacks are a policy: someone decides, someone signs, and you find out afterwards
whether it happened. This one is a consequence. It is in the same transaction as the trade, so
there is no moment at which anyone could choose not to.
- The buyback contract has no owner. No admin, no withdrawal function, no settings.
Ether that reaches it leaves as burnt $CRASH or does not leave.
- The destination is fixed in the code. Not a variable, not a parameter —
0x…dEaD, compiled in.
- The fee cannot be changed. It is a constant. Changing it means deploying a
different contract, which is a new address anyone can see the site pointing at.
- Nobody has to remember. No keeper, no cron, no multisig meeting. The trade does
it.
What it is not: a claim that $CRASH goes up. Volume drives the burn, and if nobody trades,
nothing burns. That is the honest shape of it.
What the router does and does not do
The desk records whoever calls it as the owner of a position, so a contract that takes a cut
on the way in is necessarily the recorded owner of what it opens. That is worth being precise
about rather than glossing.
- It never holds your stake. Your ether is forwarded to the desk in the same call,
and the desk custodies it exactly as it does for anyone who trades with it directly.
- It never holds your payout. Closing measures what the desk paid and forwards it in
the same transaction. Between transactions the router's balance is zero.
- It can only ever pay you. Your address is written against your position when it
opens, and there is no function in the contract that changes it — not for us, not for
anyone.
- The risk that remains: the router is the recorded owner, so a bug in it could
strand a position until the desk's operator releases it at its entry price. The contract is
short, has no owner, and can be read in a couple of minutes. That is the trade for the
burn, and you should know it rather than discover it.
Anyone can add to it, and anyone can fire it
The buyback takes ether from any address, not just the router. Send some and it joins the
next conversion; there is no permission, no allowlist and no way for it to come back out to
you or to us. It is not a donation to Crash — it is a purchase of $CRASH that
nobody receives.
And the conversion itself is a public function. If the balance is over the threshold and the
cooldown has passed, anyone may call buyAndBurn(0) and the swap happens. You do
not need us online, and we cannot stop you.
- Send to
- —
- Then call
- buyAndBurn(0)
Check it yourself
Every figure above is read live from these contracts. None of it comes from a database.