PANews|10月 04, 2026 03:13
[Cronos Tokenomics Proposal Approved: 228 Million CRO Burned, 100% of Ecosystem Revenue to Be Used for Buyback and Burn]
Cronos Network announced on the X platform that both tokenomics model proposals have been approved by community voting. According to the proposal results, 228 million CRO from the Cronos community pool has been burned, bringing the total burned amount to 428 million CRO. Additionally, 100% of the revenue generated by Cronos Ult and Cronos Launch will be used for CRO buybacks on the open market and will be burned on a monthly basis, with the transaction hashes made public. Cronos stated that the staking reward mechanism will remain unchanged, and the related rewards will continue to be funded by the Strategic Reserve.
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