Web3
Cronos Approves CRO Burn and Open-Market Buybacks
TokenPost·October 4, 2026·1 min read
Cronos completed a 228 million CRO burn, bringing cumulative burns to 428 million CRO. Revenue from Cronos Ult and Cronos Launch will fund open-market buybacks, with tokens burned monthly. This deflationary mechanism aims to reduce supply and potentially support CRO's value over time.
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