The proposal by Cronos to restore the 70 billion destroyed CRO faces strong opposition, with the current opposition rate at 95.7%

2025-03-04 08:43:00

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ChainCatcher news, Layer1 blockchain Cronos is facing strong opposition due to a proposal to recover 70 billion CRO tokens that were destroyed in 2021. Early voting results on Mintscan show that 95.7% of participants voted against the plan. The voting is expected to end on March 17.

Additionally, Cryptoslate reported that CRO advocate Wyll Bilderberg stated on the X platform: "Destruction is destruction; destroyed tokens should not be revived. I almost never oppose anything happening on Cronos, but today, I strongly oppose this. If this bill passes, it will only confirm that Cronos is highly centralized and therefore untrustworthy."

In a previous news update, Cronos proposed to reissue 70 billion destroyed tokens to "create a strategic reserve for Cronos."

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Cronos CRO Proposal Strong Opposition

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