Cronos Token Economy Proposal Passes: 228 Million CRO Burned, All Revenue From Ult and Cronos Launch to Be Allocated for Buyback and Burn
2026.10.04 11:25:48
Cronos Network announced that two token economic proposals have been approved, with 228 million CRO from its community pool burned, bringing the total cumulative CRO burn to 428 million. Under the passed proposals, all future revenue from Ult and Cronos Launch will be allocated to repurchase CRO on the open market, which will then be burned monthly, and all related transaction hashes will be made public.
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