Odaily: Cronos Labs has submitted a governance proposal on GitHub—intending to take all product revenue from Ult and Cronos Launch, receive it monthly as public-market buybacks and burn $CRO, with the on-chain hash also made public. Operational, infrastructure, and growth costs would be covered using existing funds instead. On the other hand, they plan to use the strategic reserve to fund future Cronos POS staking rewards; when inflation emissions go down, they’ll try not to change the current reward parameters as much as possible. The proposal is still under discussion, and the subsequent on-chain voting will be: 14 days; quorum is 33.4% of CRO staked under the legal requirement. It passes only if more than half of the non-abstaining votes are in favor. With product revenue going entirely into buyback-and-burn, the tokenomics flavor is quite strong. #DeFi $CRO