Cronos tokenomics proposal approved: 228 million CRO has been burned, and 100% of ecosystem revenue will be used for buyback and burn

Cronos Network posted on platform X that both proposals for the token economic model have been approved by community voting. According to the proposal results, 228 million CRO in the Cronos community pool has been successfully burned, bringing the total amount burned to 428 million CRO.

At the same time, 100% of the revenue generated from Cronos Ult and Cronos Launch will be used for open market repurchases of CRO, with monthly burns conducted, and each transaction hash will be made public. Cronos stated that the staking reward mechanism remains unchanged, and the related rewards will continue to be funded by the Strategic Reserve.