The decision to restore 70 billion CRO has sparked sharp criticism within the Cronos community, raising questions about platform trust.
Background of the Vote and Results
According to Mintscan, the proposal to reverse a 2021 token burn passed with 62.18% of the vote, raising the total supply of CRO back to 100 billion. The vote, which ran from March 2 to 16, 2025, faced significant resistance from some community members.
Community Reaction and Criticism
Critics argue that Crypto.com’s influence undermines trust in the network, setting a dangerous precedent for future governance decisions. CRO advocate Wyll Bilderberg expressed concerns that reversing a token burn could erode confidence in the tokenomics across the broader crypto space. Sonic Labs co-founder Andre Cronje pointed out that the vote increased Cronos’ market capitalization by billions, supported by just one major voter.
Future Plans of Crypto.com
Crypto.com has announced plans to file a Cronos-based ETF by Q4 2025 and launch a new stablecoin in Q3 2025, marking a significant expansion into institutional-grade financial products.
The decision to restore 70 billion CRO has sparked significant criticism, raising critical questions about governance reliability as Crypto.com moves towards a new stage in its development.
