Cronos Network: Completed First CRO Buyback and Burn, Cumulative Burn Reaches 1.7915 Million CRO
Source：
x.com
Cronos Network announced that it has completed its first CRO buyback and burn, marking the first execution of its planned monthly burn mechanism. A total of 1,791,534.14 CRO were burned in this round. The specific mechanism operates as follows: transaction fees on the Ult platform will be used to buy back CRO, while fees from Cronos Launch token sales will be fully burned after conversion.
