News
Zachxbt: CRO's 70 billion tokens were reissued through governance proposals
According to Foresight News, on-chain detective ZachXBT issued a reminder for the "Truth Social blue chip ETF that includes CRO" that the total initial supply of Cronos (CRO) is 100 billion coins. In 2021, the project party destroyed 70 billion CRO tokens. Earlier this year, the 70 billion CRO tokens that were claimed to be "permanently destroyed" were reissued through the governance proposal, in which validators associated with the project party controlled 70-80% of the voting rights.
Disclaimer: The views in this article only represent the author's personal views and do not constitute investment advice of this platform. This platform does not make any guarantees for the accuracy, completeness, originality and timeliness of article information, nor is it liable for any losses caused by the use or trust in article information.