Cronos Network has approved two tokenomics proposals following a community vote, resulting in the immediate burn of 228 million CRO from the community pool. This action brings the cumulative total of burned tokens to 428 million CRO. Moving forward, 100% of revenue generated by Cronos Ult and Cronos Launch will be used to buy back CRO on the open market for monthly burns, with all transaction hashes made public. The network confirmed that staking rewards remain unchanged and will continue to be funded by the Strategic Reserve.