Cronos Revenue Model Shifted to Fund Buyback and Burning of CRO

A proposal to change the revenue model of Cronos has been put forth. The plan would redirect all revenue from two products into CRO buybacks and burns.

The proposal, which is currently open for voting, would use revenue generated by Ult and Cronos Launch to purchase and burn CRO tokens on a monthly basis.

The purchased tokens would be sent to the burn address and taken out of circulation. However, it's unclear how much CRO coins could be pulled out of circulation through buyback operations.