CRO community proposes using all product revenue for buybacks and burns

The Cronos community has unveiled a governance proposal to use all product revenue from Cronos Labs for CRO buybacks and burns. Under the proposal, all revenue generated by Ult and Cronos Launch would be used to buy CRO on the market each month and then burn it, with the on-chain transaction hash for each purchase also to be disclosed. Operating, infrastructure, and growth-related costs would be covered with existing capital, while strategic reserves are planned for future Cronos POS staking rewards. The measure remains at the proposal stage.