Cronos Proposes Using 100% Of Revenue For CRO Buybacks And Burns
Cronos is proposing to direct all revenue from Ult and Cronos Launch toward buying CRO on the open market and permanently burning the tokens. Staking rewards would instead be funded from the Cronos strategic reserve, but the proposal still needs community approval.
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Cronos is proposing to direct all revenue from Ult and Cronos Launch toward buying CRO on the open market and permanently burning the tokens. Staking rewards would instead be funded from the Cronos strategic reserve, but the proposal still needs community approval.
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HYPERLIQUID SURPASSES NASDAQ AND LONDON STOCK EXCHANGE IN MARKET VALUATION - @cryptocurrency_media www.newscrypto.org
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🚩 Linera Halts Operations
Linera is shutting down due to lack of funds. Its Sonar token sale attracted nearly $900,000 but missed the minimum threshold, resulting in full refunds. Emergency funding failed.
Founded by former Meta researcher Mathieu Baudet, Linera raised ~$12 million in 2022 and 2023 with a16z. The team hopes to complete the protocol but provided no timeline.
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Linera is shutting down due to lack of funds. Its Sonar token sale attracted nearly $900,000 but missed the minimum threshold, resulting in full refunds. Emergency funding failed.
Founded by former Meta researcher Mathieu Baudet, Linera raised ~$12 million in 2022 and 2023 with a16z. The team hopes to complete the protocol but provided no timeline.
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