The Cronos community has submitted a governance proposal to allocate all revenue generated by Ult and Cronos Launch toward monthly market buybacks and burns of CRO tokens. Each transaction would be executed on-chain with published hashes to ensure transparency, while operational, infrastructure, and growth costs continue to be covered by existing funds.
Strategic reserves are designated to support future Cronos POS staking rewards under current parameters, with reserve funding activated as token issuance declines. The proposal is currently in the discussion phase, with the voting period scheduled to conclude on October 3.
Cronos Community Proposes Revenue-Funded CRO Buyback and Burn Program
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