Crypto.com Influence Arouses Controversy In The Inversion Of Cronos Token Burns

THE Cronos The community approved a controversial decision to restore 70 billion CRO tokens burnt permanently in 2021.

The proposal, largely influenced by Crypto.comadopted after having obtained 62.18% of the vote, according to Mintan. This decision increases the total offer of CRO to 100 billion.

The proposal, introduced earlier this month, aimed at establishing a Cronos strategic reserve by reversing previous tokens burns.

Its authors have argued that restoration aligns with the long -term vision of Cronos, supports the growth of the ecosystem and could finance AI -oriented applications.

Controversies Trail Propés Passage

Despite the adoption of the vote, the decision sparked a counter coupling within the Cronos community.

Many members of the cryptographic community have criticized the process, citing concerns about decentralization and the significant influence of Crypto.com. The co-founder of Sonic Andre Cronje declared::

“Tomorrow Cronos goes from $ 2.5 billion MCAP to 8.5 billion MCAP dollars with a single vote and everything he needed was only one voter.”

Cryptoslate previously reported that the vote of the early community has strongly opposed the proposalWith many members rejecting the idea.

However, in the last hours of the voting period on March 16, an increase of 3.35 billion chips CRO of large validators, including Starship, Falcon Heavy, Electron, Antares and Minotaur IV, moved the result in favor of the position of Crypto.com.

Crypto.com Cronos — Cronos validators voting model on the controversial proposal. (Source: Mintcan)

Critics argue that this last minute change highlights deeper questions within the Cronos governance structure. Some believe that this decision undermines confidence in the network and establishes a precedent to reverse critical economic decisions.

CRO Advocate Wyll Bilderberg expressed Concerns about the previous established by reversing a token burn. He noted that such actions could encourage other projects to follow the plunge, eroding confidence in the Tokenomic.

He added:

“I have no words, I see it as a nail in the coffin of decentralization, and I can only pray for the community to benefit from this decision.”

Meanwhile, the feeling of the market reflected these concerns. After approval, CRO’s price dropped by $ 0.07, according to Cryptoslate datasignaling the uncertainty of investors on the movement.

Crypto.com has not yet publicly commented on the passage of the proposal.

Mentioned in this article

(Tagstotranslate) Cro

👑 #MR_HEKA 👑

THE Cronos The community approved a controversial decision to restore 70 billion CRO tokens burnt permanently in 2021.

The proposal, largely influenced by Crypto.comadopted after having obtained 62.18% of the vote, according to Mintan. This decision increases the total offer of CRO to 100 billion.

The proposal, introduced earlier this month, aimed at establishing a Cronos strategic reserve by reversing previous tokens burns.

Its authors have argued that restoration aligns with the long -term vision of Cronos, supports the growth of the ecosystem and could finance AI -oriented applications.

Controversies Trail Propés Passage

Despite the adoption of the vote, the decision sparked a counter coupling within the Cronos community.

Many members of the cryptographic community have criticized the process, citing concerns about decentralization and the significant influence of Crypto.com. The co-founder of Sonic Andre Cronje declared::

“Tomorrow Cronos goes from $ 2.5 billion MCAP to 8.5 billion MCAP dollars with a single vote and everything he needed was only one voter.”

Cryptoslate previously reported that the vote of the early community has strongly opposed the proposalWith many members rejecting the idea.

However, in the last hours of the voting period on March 16, an increase of 3.35 billion chips CRO of large validators, including Starship, Falcon Heavy, Electron, Antares and Minotaur IV, moved the result in favor of the position of Crypto.com.

Critics argue that this last minute change highlights deeper questions within the Cronos governance structure. Some believe that this decision undermines confidence in the network and establishes a precedent to reverse critical economic decisions.

CRO Advocate Wyll Bilderberg expressed Concerns about the previous established by reversing a token burn. He noted that such actions could encourage other projects to follow the plunge, eroding confidence in the Tokenomic.

He added:

“I have no words, I see it as a nail in the coffin of decentralization, and I can only pray for the community to benefit from this decision.”

Meanwhile, the feeling of the market reflected these concerns. After approval, CRO’s price dropped by $ 0.07, according to Cryptoslate datasignaling the uncertainty of investors on the movement.

Crypto.com has not yet publicly commented on the passage of the proposal.

Mentioned in this article

(Tagstotranslate) Cro

👑 #MR_HEKA 👑

THE Cronos The community approved a controversial decision to restore 70 billion CRO tokens burnt permanently in 2021.

The proposal, largely influenced by Crypto.comadopted after having obtained 62.18% of the vote, according to Mintan. This decision increases the total offer of CRO to 100 billion.

The proposal, introduced earlier this month, aimed at establishing a Cronos strategic reserve by reversing previous tokens burns.

Its authors have argued that restoration aligns with the long -term vision of Cronos, supports the growth of the ecosystem and could finance AI -oriented applications.

Controversies Trail Propés Passage

Despite the adoption of the vote, the decision sparked a counter coupling within the Cronos community.

Many members of the cryptographic community have criticized the process, citing concerns about decentralization and the significant influence of Crypto.com. The co-founder of Sonic Andre Cronje declared::

“Tomorrow Cronos goes from $ 2.5 billion MCAP to 8.5 billion MCAP dollars with a single vote and everything he needed was only one voter.”

Cryptoslate previously reported that the vote of the early community has strongly opposed the proposalWith many members rejecting the idea.

However, in the last hours of the voting period on March 16, an increase of 3.35 billion chips CRO of large validators, including Starship, Falcon Heavy, Electron, Antares and Minotaur IV, moved the result in favor of the position of Crypto.com.

Critics argue that this last minute change highlights deeper questions within the Cronos governance structure. Some believe that this decision undermines confidence in the network and establishes a precedent to reverse critical economic decisions.

CRO Advocate Wyll Bilderberg expressed Concerns about the previous established by reversing a token burn. He noted that such actions could encourage other projects to follow the plunge, eroding confidence in the Tokenomic.

He added:

“I have no words, I see it as a nail in the coffin of decentralization, and I can only pray for the community to benefit from this decision.”

Meanwhile, the feeling of the market reflected these concerns. After approval, CRO’s price dropped by $ 0.07, according to Cryptoslate datasignaling the uncertainty of investors on the movement.

Crypto.com has not yet publicly commented on the passage of the proposal.

Mentioned in this article

(Tagstotranslate) Cro

👑 #MR_HEKA 👑

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