Zachxbt: 70 Billion CRO Tokens Previously "Permanently Burned" Have Been Reissued Through a Governance Proposal
According to Foresight News, on-chain investigator ZachXBT issued a reminder regarding the inclusion of CRO in the "Truth Social Blue Chip ETF." Cronos (CRO) initially had a total token supply of 100 billion. In 2021, the project team burned 70 billion CRO tokens. However, earlier this year, these 70 billion CRO tokens, which were previously claimed to be "permanently destroyed," were reissued through a governance proposal. In the voting for this proposal, validators associated with the project team controlled 70-80% of the voting power.
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