DeFi· ★★★· bullish·

Cronos proposes using 100% of Ult and Cronos Launch revenue to buy back and burn CRO

  • —100% of Ult and Cronos Launch revenue would go to buying back and burning CRO
  • —Ult supports trading in stocks, crypto, commodities and prediction markets
  • —Cronos Launch is a platform for launching ecosystem projects and tokens
  • —Implementation requires governance approval; details were not disclosed
Why it matters: Burning CRO with service revenue would cut the token's supply, but the effect depends on approval and the scale of revenue.
#CRO
Source: TokenPost
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