TechFlow news, on March 3, according to the Cronos blog, Cronos has proposed reissuing 70 billion burned tokens to "create a CRO strategic reserve."
Cronos stated that 70 billion CRO were originally burned in 2021. The proposal suggests reissuing an equivalent amount of tokens on Cronos POS and depositing them into the Cronos Strategic Reserve custodial wallet, restoring the total supply back to its original 100 billion to support the "Cronos Strategic Reserve." The CRO held in the strategic reserve custodial wallet will have an additional five-year lock-up period beyond the initial five years, resulting in a total 10-year lock-up period, with monthly linear vesting.
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