Documentation
A Crazy
Idea
This site is called A Crazy Idea because that is what CZ named it. On March 1, 2025, the founder of Binance posted a token issuance model and said he had no plans to launch it. We brought that idea to life.
In circulation
90%
Locked
10%
Later unlocks
5% · 6 mo · 2×
The original post
Open on X
March 1, 2025 · @cz_binance · the post this project is built from
How issuance works
Ninety percent of supply is in circulation. Ten percent — the developer allocation — is locked in a smart contract whose keys are held by a third party. That locked slice cannot be pulled early.
More tokens enter circulation only when every rule below is true at the same time. Miss one, and nothing unlocks.
Unlock rules
CZ numbered these. All three must hold.
- 1
Six months have passed
The next unlock cannot happen sooner than six months after the last one. The team may wait longer. They may not wait less.
- 2
Price held at 2× for 30 days
The token has to trade above twice the previous unlock price for more than thirty days immediately before the unlock. A spike that fades does not count.
- 3
Five percent, no more
Each unlock can release up to five percent of total supply. The team can release less, or skip the sale. They cannot release more.
The example he used
Launch in January at $1. By June, if the price is still under $2, nothing unlocks. If the price stays above $2 from July 4 to August 3, five percent can enter circulation on August 3. If that print is $3, the next possible date is March 3 the following year — and only if the price has held above $6 for thirty days.
That is the whole point. New supply does not hit the market when the price is weak. The team only gets more tokens if they keep building long enough for the market to double, then double again.
Next
Fees
Watch the local fee total climb. Developer supply stays locked on the same page.
Next
Lock-up
Ten percent locked. Ninety percent in circulation. No early unlocks.