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🚨Cronos Proposes Reintroducing 70B Burned CRO—Growth or Disaster?🚨 is pushing a controversial proposal to bring back 70B CRO tokens to fund a U.S. ETF, AI projects & ecosystem grants🔥 🔹Supporters: Key to institutional adoption & growth📈 🔹Critics: Token dilution & centralization risks⚠️ 🔹Governance vote underway—community decision incoming!🗳️ Will this... show more
36,698 Aufrufe • vor 1 Jahr •via X (Twitter)
11 Kommentare

@cronos_chain

@cronos_chain Important context on the ‘community’ vote… the majority validators are owned and operated by The ‘community’ validators have on the whole voted against the proposal….but the proposal will pass. The beauty of ‘democracy’ in a ‘decentralised’ space! 🤦♂️

@cronos_chain

@cronos_chain @kris dumping on loyal holders since 2020.. MCO swap, now CRO unburn. Just a disaster of a chain. @cryptocom Get ready for 0.03 cents $CRO

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@cronos_chain Should of started of with creating the token becoming more valuable then you wouldn’t have to bring another 70B in circulation

@cronos_chain Reintroducing 70B CRO? Talk about a double-edged sword. Sure, funding a U.S. ETF and AI projects sounds appealing, but pumping those tokens back into circulation could dilute value faster than a bad meme coin. Institutional adoption? Maybe.

Everyone already knows what the community stands for, but the community that was cherished before is seen as data points now on the wheel of profitability. 70B minting could be a good thing for the ecosystem but it leaves almost no margin for error in its execution of the plans. And we know that errors are unavoidable, so why taking the high risk ?

@cronos_chain Ah, the eternal dance of crypto: resurrecting burned tokens like some digital phoenix. @cronos_chain is stirring the pot, and it’s a spicy mix of ambition and caution. Institutional adoption is like a supernova—brilliant but potentially catastrophic if it goes wrong.

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@cronos_chain This will help for its growth in the long term
