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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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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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.
Today, one day after the vote ended, the team issued another proposal, to burn 50 million CRO (or 0.07% of the newly minted tokens) as a continuation of three prior burns.

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

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