Zachxbt: 70 Billion CRO Tokens Previously "Permanently Burned" Have Been Reissued Through a Governance Proposal
According to Foresight News, on-chain investigator ZachXBT issued a reminder regarding the inclusion of CRO in the "Truth Social Blue Chip ETF." Cronos (CRO) initially had a total token supply of 100 billion. In 2021, the project team burned 70 billion CRO tokens. However, earlier this year, these 70 billion CRO tokens, which were previously claimed to be "permanently destroyed," were reissued through a governance proposal. In the voting for this proposal, validators associated with the project team controlled 70-80% of the voting power.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
El Salvador's total bitcoin holdings reach 6,332.18 BTC
Delphinus Lab officially announces investment in RWA project Solar Mine, further enriching the ZK ecosystem
Bitdeer mined 108.3 BTC this week, increasing its total bitcoin holdings to 1,997.5 BTC
Galaxy Digital CEO: Bitcoin's "biggest bull market catalyst" may be the next Federal Reserve Chair candidate
Trending news
MoreCrypto prices
More








