Cronos Labs: Ult and Cronos Launch will use 100% of their revenue to buy back and burn CRO

Cronos Network announced that today it is releasing the future strategy of Cronos Labs, outlining the content being built, its connection with CRO, and the subsequent direction.

The core is that 100% of the revenue from Ult and Cronos Launch will be used to purchase CRO on the open market and destroy it, subject to governance approval. Updates to the token economics and proposals will be advanced.