Cronos Applications Launch in 10 Days, Fees to Fuel Token Burn
Cronos applications are set to launch on the mainnet in just 10 days' time, after which all application fees will be used for buying back and burning CRO.
This development comes as part of the Cronos ecosystem's growth plans, aiming to increase adoption and reduce token supply. The decision was made by the Cronos team, with no further details on how the CRO tokens will be used or what specific measures will be taken to burn them.