By Ethan Carter | March 19, 2025
Cronos (CRO) caught media attention because its Crypto.com-associated network decided to reissue 70 billion CRO tokens which Crypto.com had previously burned in 2021. Nevertheless the community backlash failed to stop the token reissuance which restored the platform to its original 100 billion token supply as proposed in a governing reserve.
The Plan establishes a dual mission to enhance U.S. leadership in Crypto and expand the network ecosystem.
The $5 billion worth of Cronos’ proposal containing initial token evaluations at $0.08 CRO sought three major endeavors including strengthening U.S. cryptocurrency leadership while funding ecosystem expansion and initiating CRO ETF creation. The community staunchly rejected the initial idea when the voting period started because 86% voted against it in the first days.
Because crypto governance systems tend to become complex many decisions appear to be guided by community input yet substantial token ownership grants individuals extraordinary control. People understand that CRO whales can manipulate vote results because the voting system was intended to function transparently.
Last-Minute Voting Flip Pushes Proposal Across the Finish Line
The proposal stayed inactive during the March 2 to 16 time period and never reached the required 33.4% quorum for approval. A huge vote dump of 3.35 billion CRO tokens was released at 14:00 UTC on March 16 that both achieved the quorum requirement and led the proposal toward approval status. The vote ended with 61.18% in favor, 17.61% against and 20.11% abstaining while veto received 0.11% of the votes.
The support operation from Starship and Falcon Heavy validators proceeded publicly before March 10. At that time the proposal received 77.97% against votes combined with 8.47% abstentions while support came in at 17.61%. When the vote was about to reach its end three validators named Electron Antares and Minotaur IV united to contribute their combined 3.2 billion CRO tokens for passing the proposal.
The Aftermath: 200% Increase in CRO Supply
The CRO supply approval uses a methodology of releasing 100 billion CRO while increasing the total from 30 billion CRO through a scheduled 10-year vesting period.
CRO market value dropped by 8.5% during the last 24 hours due to the voting decision although other assets maintained flat prices. Currently the CRO token faces controversies regarding centralization and long-term supply efficiency after its token distribution reached market attention.
Controversial Governance Process: Is Community Control a Myth?
Crypto governance faces an essential problem when companies market their projects for community involvement because in reality the biggest token holders maintain control of important decisions. The 70 billion token reissue passed the vote due to a small number of whales who voted late to approve the decision although the community appeared to support the reissue.
Crypto watchdogs remain hesitant about community governance since major stakeholders control most voting power in decision-making processes.
Tripled CRO supply will influence the market in upcoming periods.
The upcoming 200% growth in CRO’s supply creates market uncertainty for the long-term future. The elevated supply of tokens has the dual advantage of funding ecosystem development alongside Cronos expansion but also produces worries about inflation and affects CRO token value stability.
CRO whales exist as crucial decision makers within Cronos governance while the Crypto world’s future mainly depends on how Cronos can decentralize governance moving forward. Different CRO traders and investors monitor the token market developments along with its supply growth prospects in the present situation.
