News Explorer — Crypto.com-Backed Cronos Network Wants to Bring Back $5 Billion in Burned Tokens

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Mar 3, 12:23 pm

Coindesk

Crypto.com-Backed Cronos Network Wants to Bring Back $5 Billion in Burned Tokens

Cronos, the blockchain ecosystem linked to Crypto.com, is considering reintroducing 70 billion CRO tokens it burned in 2021, causing confusion among community members. The proposal aims to increase the token supply to 100 billion over 10 years for various strategic initiatives, despite facing criticism from the community.

Cronos, the blockchain ecosystem linked to Crypto.com, is considering reintroducing 70 billion CRO tokens it burned in 2021, causing confusion among community members. The proposal aims to increase the token supply to 100 billion over 10 years for various strategic initiatives, despite facing criticism from the community.

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