[All Product Revenue Used for Buyback and Burn, Cronos Labs Initiates CRO Governance Proposal] Odaily Planet Daily News: Cronos Labs has initiated a governance proposal on GitHub, proposing to use all product revenue generated by Ult and Cronos Launch for monthly buybacks and burns of CRO on the open market. The related on-chain transaction hashes will be made public. Operational, infrastructure, and growth expenses are planned to be covered by existing funds. Additionally, Cronos Labs intends to use strategic reserves to supplement future Cronos POS staking rewards, aiming to maintain the current reward parameters as CRO inflation emissions gradually decrease. The staking method, lock-up period, and reward structure will remain unchanged. The proposal is currently in the discussion phase and will later be submitted for on-chain governance voting. The voting period will last 14 days, with a quorum requirement of 33.4% of staked CRO, and approval requires over 50% of non-abstaining votes in favor.