A disputed proposal in the Cronos ecosystem withdrew close late Monday, with the community’s vote in favor of the token supply, which grew from 30 billion CRO to 100 billion CRO over a 10-year vesting period.

However, this happened after weeks of society leaning against the contact, while a few CRO whales – or influential users who have large quantities of a token – stepped up in the last few hours of the voting closure to push it in favor.

Cronos, tied to Crypto Exchange Crypto.com, earlier this month suggested the re -release of 70 billion Cro -Tokens, it burned in 2021 with the aim of restoring its original 100 billion token supply to a “strategic reserve.”

The suspected $ 5 billion (for the current $ 0.08 CRO prices) tried to increase US cryptodominance, fund ecosystem growth and launch a CRO ETF. Community setback was strong when the vote first went alive, with 86% against it in the first few days.

But Crypto Governance is notorious for only being the Social Register of Society in name; With large token holders capable of dominating any suggestions and changes according to their will – even if the vote in theory would be transparent by “society.”

The proposal, which live from March 2-16, and through its voting period, nowhere was 33.4% decision-making needed to pass. Then, at. 14:00 on Monday, a 3.35 billion CRO voting flipped Dump the manuscript, hit the decision and sealed the deal. Final counting: 61.18% Yes, 17.61% No. 20.11% fail to be 0.11% veto.

Two Influencer -Network Validators, Starship and Falcon Heavy, supported the plan per. March 10, dwarfed by 77.97% against it and 8.47% fail to vote at that time. On Monday, Electron, Antares and Minotaur IV stuck in – using a cumulative 3.2 billion CRO in voting power to vote for the proposal.

Cronos Network had an upgrade created in the hours after the vote completed and finished on March 18 at 1 p.m. 03:00 UTC, where he sets off for a more than 200% increase in supply in the coming years.

Dealers have reacted in nature with CRO down 8.5% over the last 24 hours in the middle of a flat market.