Earned PANews: Two Cronos tokenomics proposals were just submitted—2.28 hundred million CRO in the community pool have already been burned, bringing the total destroyed to 428 million CRO. Roughly estimated at current prices, this batch is worth around $15 million.
A tougher part is the mechanism: 100% of the revenue generated by Ult and Cronos Launch will be used to buy CRO on the open market, then monthly burn it; every transaction hash must be made public. The staking reward parameters remain unchanged—later on, it’s fed by the Strategic Reserve.
A one-time large-scale burn plus recurring buybacks funded by product revenue—this tightens the supply-side valve. Then it comes down to whether these two products can keep making money.
$CRO #Cronos #burned
A tougher part is the mechanism: 100% of the revenue generated by Ult and Cronos Launch will be used to buy CRO on the open market, then monthly burn it; every transaction hash must be made public. The staking reward parameters remain unchanged—later on, it’s fed by the Strategic Reserve.
A one-time large-scale burn plus recurring buybacks funded by product revenue—this tightens the supply-side valve. Then it comes down to whether these two products can keep making money.
$CRO #Cronos #burned
