/tech

Cronos proposes using app revenue to buy and burn tokens

Crypto.news reports that the plan depends on governance approval, with voting set for September 18, 2026.

TLDR

Revenue from Cronos Launch and Ult could fund monthly token purchases on the open market, crypto.news reports. The purchased tokens would then be burned if governance approves the proposal. The outlet shared the plan on September 15, with voting set for September 18, 2026.

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@cryptodotnewsJUST IN: Cronos proposes using app revenue to buy and burn crypto-com-chain:native Revenue from Cronos Launch and Ult could fund monthly crypto-com-chain:native purchases on the open market, with the tokens then burned if governance approves the plan; voting is set for September 18.

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Combined views

13.9K

2 posts, first seen 1d ago

345 likes16 comments7 saves75 reposts

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Source Posts

@cryptodotnewsJUST IN: Cronos proposes using app revenue to buy and burn crypto-com-chain:native Revenue from Cronos Launch and Ult could fund monthly crypto-com-chain:native purchases on the open market, with the tokens then burned if governance approves the plan; voting is set for September 18.

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Posts from X

2 posts

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