Details of the voting process for the re-issuance of 70B CRO tokens

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The proposal to reissue 70 billion CRO tokens was subject to a governance vote lasting from March 2 to March 16, 2025.
The re-issuance of 70B CRO tokens concluded with a final tally of 61.18% in favor, 17.61% against, 20.11% abstaining, and 0.11% vetoing. Voter turnout reached 70.18%, more than double the 33.4% required for approval.
Opposition to the re-issuance of 70B CRO tokens was dominant throughout most of the March 2025 voting period, with support for the proposal holding only a narrow margin
The proposal for the re-issuance of 70B CRO tokens saw a dramatic shift on the final day of voting, as a late surge of 3.35 billion CRO votes pushed it past the required 33.4% quorum. This last-minute influx secured its approval with a strong majority, despite earlier resistance.

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Crypto.com reissues 70 billion CRO tokens despite strong community opposition

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