Crypto.com CRO faces backlash amid 70 billion burned token restore, 87% early voters say ‘no’
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Publish date
Mar 3, 2025 - 12:00am
Publisher
CryptoSlate
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Web URL
https://cryptoslate.com/crypto-com-cro-faces-backlash-amid-70-billion-burned-token-restore-87-early-voters-say-no/
Referenced by
Cronos proposes to undo token burn and faces backlash
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News story
Mintscan data shows that more than 500 million CRO tokens have been used in the vote, with 490 million—87%—opposing the move. Only 4%, or around 25.5 million CROs, have supported it.
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Cronos developers argue that this aligns with Cronos’ long-term vision and supports its growth strategy. If approved, the total supply of CRO would return to 100 billion, with the tokens held in an escrow wallet
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