▲ Bullish
Cronos has proposed to allocate 100% of its revenue from Ult and Cronos Launch for the purpose of buying CRO tokens on the open market and permanently burning them.
Under this proposal, staking rewards would be funded from the Cronos strategic reserve instead. The proposal is subject to community approval before implementation.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.