hey, thanks for the proposal, I would like to resolve some questions.

I see that the token is already in cexs and several dexs in Ethereum

How are these 2 tokens connected? (erc20 and parachain token)

In subscan I see that a lot of supply is in a few addresses, are these under the control of governance or are they unrelated?

[@Jose Crypto](7NzNFJb2pfy2mZzdS2ky8okkXZL52fn2VAvAsc8jigvCtBec-hydradx) 

Hi Jose! Thank you for your question. Yes CRU token is available on the CEX: Gate, Huobi, and MEXC and the DEX: Uniswap, and Xechange. However, it is important to note which type of CRU. As you mentioned there is CRU running on different chains which includes Ethereum. Crust is a layer1 project therefore Crust Network runs on its own blockchain and has a native token for this blockchain. However, when wanting to distribute this token it is difficult to do so as many exchanges and DEX only allow tokens that are running on specific chains. At the time at which Crust was launched (2019) a majority of exchanges only allowed ERC20 (Ethereum-based) tokens to be listed. For this reason, the Crust team was forced to bridge the native CRU token to Ethereum. After bridging to Ethereum we encountered a second problem, Ethereum gas fees are extremely high. Many users don't want to purchase Ethereum CRU because the gas fees are too expensive. The other problem was the CEXs we listed at are not tier 1 CEX and unfortunately do not operate in many countries. For this reason, the Crust community asked us to list CRU on a new DEX which is not Ethereum-based. We then listed on Xechange, an Elrond/MultiverseX-based DEX which was very popular at the time. This required us to bridge our tokens to MultiverseX chain. Lastly, more recently, we bridged our tokens to Polkadot because we wanted to launch the Polkadot Parachain. After our parachain launch, we had so many new community members join us from the Polkadot community and they begged us to create liquidity for Polkadot CRU. Furthermore, MultiverseX/Elrond has decreased in popularity and there are few people holding tokens on their chain. With that in mind, many people who want to purchase via DEX are looking for alternative options. This brought us to HydraDX. 

Regarding how these tokens are connected I can explain it simply. These are bridged tokens, meaning when we want to bridge native CRU to let's say ethereum CRU we must burn the native CRU and mint an Ethereum CRU. For this process to run smoothly we have liquidity wallets where people can trade their ERC20 CRU and Elrond CRU to Mainnet CRU. These are the wallets for our bridge. You can find the documentation on ERC20 bridge and Elrond Bridge here:
ERC20: https://wiki.crust.network/docs/en/bridgeEth
Elrond/MultiverseX: https://wiki.crust.network/docs/en/bridgeElrond

Note: Elrond has renamed to MultiverseX

Lastly, the large wallets in our network can be broken down into a few categories: 
1. Bridge Liquidity Wallets
2. Exchange Wallets (Huobi, MEXC, and Gate are the exchanges we collaborated with and provided liquidity. Other exchanges that listed us did not receive liquidity from the Crust team or its partners.)
3. Community Wallet for Governance, and possible listing on new exchanges (similar to Polkadot treasury, community members can vote on proposals to fund activities, development, or marketing initiatives. We also reserved tokens to be listed on new exchanges such as HydraDX) 
4.  DCF Reserves (wallet that funds marketing and development activities of Crust Network)

[@7K8o...XqJ5](7K8onr12Ts33M4sYzxTKc2iqasE2zSoqKDMRNb5NeZKVXqJ5-hydradx) Can you be specific on what percentage of supply each category holds?

[@7K8o...XqJ5](7K8onr12Ts33M4sYzxTKc2iqasE2zSoqKDMRNb5NeZKVXqJ5-hydradx) 

How this work? Thats mean that an user can had the erc20, send to cex and withdraw on the parachain ? 

Most of the tokens are on erc20 then? I understand well?

And maybe yes specific what are these adress? Or how i can identify them, thanks 

Agree with Jose here, unlike Ethereum where token is fairly distributed, CRU parachain token (hence its gov) seems highly centralized, which is concerning for any token going into the Omnipool

[@7JC3...btF7](7JC3VdYtp2rcUXA6GZJ9ApkJqv9Uzfx6AjFKmTdnets8btF7-hydradx) 

Hi there! Thank you for your response, please view my response to the previous comment here:  https://hydradx.subsquare.io/posts/154#5

Let me know if you have follow up questions!

I can answer at your ask, I ask at the team there is few week, the big wallet is the team and the déposit adresse with 1 million of liquidity is the liquidity reserve of CEX in majority. 

I for the proposition too!

I ask of the team few week ago  because I Have seen the Big Amount 8 Millions, and various with 1 millions, and say me the big adress deposit, the more is their adress, and the various 1 millions is reserve of liquidity of Cex Like HTX, GATE, MEXC, KUCOIN...

I'm naturally for because I have crust token. 

**Wow! It will be ground breaking.** As Crust has a strong community. It helps to add more liquidity. 

In favor.. Crust project has integrity from what I have seen.

You can not add more liquidity because 75 000  it's very  few, . I think 500 000 is more reasonable. It's a polkadot project, and the hydra dex will be a first decentralise exchange of Dot ecosystem. So for avoid Cex as more possible, I think 500 000 at 1 millions is reasonable for the liquidity and the stability pool.

What do you do ?

What do you think about Hollar on HDX. Because, il the majority of case  every time a protocol create a dollars synthetics there is a big probleme who follow. Acala for exemple.

So I ask at the people are really trust in a new (stable synthetic Dollars). Because can be have a fail il the mint and possibility to infinite print. 

With all respect I have for the team, if she want she  can decidate rug us or people who want to mint his synthetic stable dollars who repose on asset on Omnipool and say is an external hack or other. Unfortunatly the past have show that this tipe of experiment who kill protocol by the  hack.

And it seems important to me to let the team behind hydraDX know. It's not because we love the protocol that you  have all our trust about unfortunatly past event of hack on anothers protocols who are also DEFI and who stays a possibility strong for the futur.

What do you think ?

Thanks you for reading me, 

Best Regards

[@7JRN...qea6](7JRNAapyMY5UvVy3af4o7bcukRrvMeuGqZaDBcZjJC89qea6-hydradx) Hey Mate, I think you meant to post this on the previous discussion topic. 

Dear HydraDX community,

After many Crust community members have asked us to create liquidity on Polkadot, we would like to add our native CRU token to the Omnipool. The CRU token is a utility token that backs the Crust Network. Crust Network is a fully decentralized cloud storage protocol that incentivizes the use of IPFS. Crust has had 3 years of experience and a proven track record for continuously building, and providing value for users. It is important to note that Crust is a fully decentralized protocol and utilizes the same governance portal as Polkadot Network. Crust has made valiant strides to increase decentralization, and the team has removed sudo from the governance. For anyone who would like to know more about Crust Network, the following are a list of different media you can check:

Website: https://crust.network/

Discord: https://discord.gg/aQCVFnHU65

Telegram Group: t.me/crustnetwork

Medium Page (for technical articles): https://crustnetwork.medium.com/

Subscan Page (for our blockchain explorer and correct token stats): https://crust.subscan.io/

Tokenomics Whitepaper: https://crustipfs.live/ipfs/QmXUhqUgZGVJsWmV4TCDePwWtpJvEAx7rvNCjuNKaEUHzk

To improve liquidity for our native token CRU, we would like to deposit 75,757 CRU (~$150,000 as per 02/12/2024) and would like to see if there is positive feedback from the Hydra community for such a proposal. 

Thank you for your consideration! 

- Crust Network is a decentralized cloud storage protocol that uses IPFS.
- They want to add their native CRU token to the Omnipool to increase liquidity.
- CRU is a utility token that supports the Crust Network.
- The team has removed sudo from governance to increase decentralization.
- If you want to learn more, you can check their website, Discord, Telegram group, Medium page, Subscan page, and Tokenomics Whitepaper.

Crust Network on HydraDX!