Zachxbt: CRO's 70 billion tokens that were previously "permanently burned" are being reissued through a governance proposal

On-chain detective ZachXBT issued a reminder regarding "$CRO included in the Truth Social blue-chip ETF," stating that the initial total token supply of Cronos ($CRO) was 100 billion. In 2021, the project team burned 70 billion $CRO tokens. Earlier this year, these 70 billion $CRO tokens, which had been declared "permanently burned," were reissued through a governance proposal. In the vote on this proposal, validators associated with the project team controlled 70-80% of the voting power. [Foresight News]