Cronos Cronos CRO
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Price
0.181839 USD
% Change
0.81%
Market Cap
4.92B USD
Volume
84.4M USD
Circulating Supply
27.1B
1400% from all time low
431% to all time high
2414% from all time low
362% to all time high

Cronos CRO: Coin Burn

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70 billion CRO will be burned according to the following schedule:59.6 billion will be burned today, 22nd Feb, 2021.10.4 billion is currently locked in a smart contract and will be burned monthly, as it gets unlocked.This will increase the circulating supply of CRO from current 24% to over 80%.The remaining 5.9 billion CRO supply will be distributed as follows:5 billion CRO will be allocated to mainnet block rewards for Chain validators and delegators which helps secure the network.0.9 billion CRO will be allocated to Particle B for Chain ecosystem development.And that’s it.That’s 100%.

Event date: February 22, 2021 UTC

What is coin (token) burn?

A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.

CRO Price Changes After Event Publication
2.25%
1 hour
3.49%
3 hours
16.25%
1 day
13.37%
2 days
16.66%
Now (Added 3 years ago)
The event is about to begin
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