Cronos will consider the rebound burned earlier 70 billion CRO

The Crypto.com Bitcoin Affiliate team proposed to release 70 billion CRO tokens, burned in 2021.

TODAY, AN AMBITIUS PROposal WAS PUBLISHED FOR VOTING ON THE CRONOS POS GOVERNANCE FORUM.
The Community is Invited to Vote on a Bold Plan to Rustre Cronos’ Golden Age, with A Massive Investment Allocated to Support Cronos Roadmap (Incl. ITS ETF) and American pic.twitter.com/7i06dntx7t

– Cronos (@cronos_chain) March 3, 2025

This step will resume the total volume of the asset’s offer to the initial 100 billion CO.

According to the idea, over released assets with a value of ~ $ 5.9 billion at the time of writing will be a strategic reserve of Cronos. The tokens will be placed in an escrow-wallet with a five-year Vesting period.

The funds will be unlocked on a monthly tranches of ~ 1.17 billion CO.

According to the team, the tokens are necessary for the implementation of key points presented in February by Crypto.com road card and Cronos ecosystems. Plans also provide for the launch of their own steiblcoin and a CRO -based stock fund in the US.

Users have received extremely negatively initiative to increase the emission limit from 30 billion to 100 billion tokens. Most commentators expressed fears of further blurring of their initial investments in CRO.

The asset is now trading in the $ 0.084 area, although at the peak in November 2021 the price reached $ 0.96 (Coingcko). In the last day, the quotes were added almost 14%.

Voting on the proposal will last until March 17. Almost 5.2% CRO has already expressed their opinion. Of these, ~ 87% opposed.

Source: MINTSCAN.

We will remind, in January the media reported a possible investigation CFTC Concerning futures contracts at Crypto.com.

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