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Cronos' proposal to restore 70 billion destroyed CROs faces strong opposition, with opposition currently reaching 95.7%
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4 hours ago 6,220
On March 4, Layer1 blockchain Cronos faces strong opposition over a proposal to restore the 70 billion CRO tokens destroyed in 2021. Early voting results on Mintscan showed that 95.7% of participants voted to reject the program. The vote is expected to end on March 17. Additionally, Cryptoslate reported that CRO advocate Wyll Bilderberg said on X platform: "Destruction is destruction, and the destroyed tokens should not be resurrected. I almost never object to anything that happened on Cronos, but today, I strongly object to it! If this bill passes, it will only confirm that Cronos is highly centralized and therefore untrustworthy." Previously, yesterday's news, Cronos proposed to reissue 70 billion destroyed tokens to "create Cronos strategic reserves."
Keywords: Bitcoin
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