Cronos to Hold Token Burn on December 18th

Name: Token Burn
Start: 2023-12-18T00:00:00Z
End: 2023-12-19T00:00:00Z

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Cronos has announced that 97% of its community voted in favor of a proposal to burn 50 million CRO tokens. The burning process has started on December 18th.

Event date: December 18, 2023 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.

Cronos
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🗳️ 97% of #CROFam voted YES & the 50M CRO Burn is now alight!

📜 Proposal details: https://www.mintscan.io/crypto-org/proposals/18

🔥 Burn Info: https://burninfo.cronos-pos.org/

CRO Price Changes After Event Publication

CRO Events on the Chart

3.74%

1 day

3.33%

2 days

35.42%

Now (Added 1 year ago)

The event is about to begin