A day after the controversial re-minting passed, Crypto.com introduced another proposal to burn 50 million CRO tokens. This constitutes about 0.07% of the freshly minted supply and has been met with widespread derision.
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Crypto.com’s 70 Billion CRO Re-Mint Decision Faces Backlash, Triggers Price Drop
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A day after the vote for re-minting 70B CRO tokens was approved, Crypto.com proposed burning 50 million CRO tokens, which represents 0.07% of the newly minted supply.
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