Cronos Labs proposes using all product revenue to buy back and burn CRO

Cronos Labs has opened a governance proposal on GitHub that would direct 100% of product revenue from Ult and Cronos Launch to buying back CRO on the open market and burning the tokens. The plan calls for monthly on-chain buybacks and burns, with every transaction hash made public to create a direct link between product revenue, CRO repurchases, and supply reduction. The proposal would replace an earlier revenue allocation model under the previously approved “New CRO Era” plan, which had split product revenue across staking yield, growth and user acquisition, buybacks and burns, and R&D and operations. Under the new proposal, operating, infrastructure, and growth costs would instead be covered by existing funds. Cronos Labs also said it plans to use its strategic reserve to support future Cronos POS staking rewards as CRO inflation emissions decline under the prior framework. The proposal says current reward parameters would be maintained, while staking methods, lock-up periods, and the reward structure would stay unchanged. The measure is still in the discussion stage and would later move to an on-chain governance vote. Voting would last 14 days, with a quorum of 33.4% of staked CRO and approval requiring more than 50% of non-abstaining votes.