Ult is live.
Ult is short for Ultimate - your most powerful ability, unlocked.
Trade what's hot, whenever you want, wherever you want.
All markets. One app.
https://t.co/0rmFXInJt8
Two tokenomics proposals are now at governance.
Under the proposed strategy, we would put 100% of revenue from Ult and Cronos Launch into buying CRO on the open market and burning it every month. The Strategic Reserve would fund staking rewards while that happens, so the chain stays secure as supply comes down.
Separately, 228,000,000 CRO would be burned from the community pool. We have burned 50M four times. This one takes the total to 428M.
The proposals close 3 October.
Proposal 1: https://t.co/WTDcBdyBSB
Proposal 2: https://t.co/FlrCwYVfvN
Hey crofam ๐
๐ฅ CRONOS LABS STRATEGY - TL;DR ๐
The proposed mandate is simple:
โก 100% of @UltApp revenue โ buy crypto-com-chain:native โ burn it
๐ 100% of Cronos Launch revenue โ buy crypto-com-chain:native โ burn it
โพ๏ธ Designed to continue indefinitely
๐ฐ Operations funded from Cronos Labsโ existing capital
๐ช No Ult token. No Cronos Launch token.
๐ crypto-com-chain:native remains the token of Cronos Network
๐ Buybacks & burns would happen monthly and on-chain
๐ณ๏ธ Subject to the Strategy governance proposal on September 18
In one line:
Products โ Usage โ Revenue โ Buy crypto-com-chain:native โ Burn ๐ฅ
๐ DEEP DIVE for the bravest
Cronos Labs is proposing a major change to how the products it builds could create value for crypto-com-chain:native.
And once you remove the jargon, the model is actually quite easy to understand.
Under the proposed mandate:
100% of the revenue generated by Ult and Cronos Launch would be used to buy crypto-com-chain:native on the open market and burn it โ indefinitely.
Not 10%
Not a portion of the profits
100% of the revenue
So the obvious question is:
Who pays for development, infrastructure, marketing and growth?
Cronos Labs says those costs would be covered using its existing capital.
That means revenue generated by Ult and Cronos Launch would not be redirected to fund their day-to-day operations.
It would have one defined destination:
Revenue โ Open-market crypto-com-chain:native purchases โ Burn ๐ฅ
And thereโs another important part of the strategy:
No new token
Ult doesnโt have an Ult token
Cronos Launch doesnโt have a Launch token
Cronos Network remains Cronos Network, and crypto-com-chain:native remains the network token.
Instead of creating another token to capture the activity generated by these products, the proposal connects that activity back to CRO.
So where could that revenue come from?
โก Ult
Ult is the new name of the former Cronos App.
It is being built as an all-in-one trading experience across different markets, including crypto spot, perps across crypto/equities/commodities, prediction markets and more.
More usage and trading activity can generate revenue for the platform.
๐ Cronos Launch
Cronos Launch is Cronos Labsโ own token launchpad.
Users can launch and trade assets there, with trading activity generating fees.
Different products
Different users
Different sources of activity
But under the proposed mandate, the destination of the revenue would be the same:
crypto-com-chain:native.
Cronos Labs also states that these buybacks and burns would happen monthly and on-chain, with transaction hashes published so the activity can be verified.
That means the proposed mechanism isnโt about occasionally deciding whether it is a good moment to buy CRO.
It is designed to become a recurring part of the mandate.
There is one important thing to remember:
This is still a governance proposal.
The Strategy proposal is scheduled for September 18, 2026.
If approved, Cronos Labs would move forward with the mandate.
If it is not approved, Cronos Labs has stated that it will not proceed with the strategy.
So this isnโt about predicting the result or telling anyone how to vote.
Itโs simply about understanding what is being proposed.
For me, the easiest way to explain the new model is:
Build products people actually use
โ
Generate real revenue from that usage
โ
Use that revenue to buy crypto-com-chain:native on the open market
โ
Burn the purchased crypto-com-chain:native ๐ฅ
No new Ult token
No Cronos Launch token
Just a proposed direct link between product usage, revenue and crypto-com-chain:native
Read the full strategy: https://t.co/KosfeiTgz4
@UltApp #Cronos #CRO
Cronos Launch is live, and every graduated token on @CronosNetwork now has the same path to the https://t.co/rL30H9wotf app.
That includes @PUUSHDABUTTON graduates.
No market cap threshold. No pool depth threshold. Graduated is the only condition.
Apply: https://t.co/upUFQOAE7f
All tokens created on https://t.co/uKhp3uMSUj from today are eligible for listing on @cryptocom. ๐
Eligibility: Your token must have graduated. No market cap threshold. No pool depth threshold.
Apply: https://t.co/FBR3eTtH0j ๐
ALL GRADUATES on WolfSTREET can now apply for a @cryptocom listing review
Cronos Launch is LIVE, and it opens path for ALL PAST andFUTURE WolfSTREET graduates on @CronosNetwork, eligible for listing submission
Here is how your next launch gets there ๐บ๐งต
Cronos Launch is live ๐ https://t.co/JhNye6BJ2a
Graduated on any Cronos launchpad? You can apply for the https://t.co/ENATTC6FAb app. No market-cap or pool-depth threshold, existing projects included.
Not a listing guarantee. @cryptocom decides.
Apply: https://t.co/4ObydYN85O
Existing projects are eligible, on identical terms.
No relaunch. Nothing has to be redeployed or moved.
Graduation does not lead to a guaranteed listing on @cryptocom
Apply through @cryptocom's existing listing application form, as any token does.
Introducing Cronos Launch.
Live at https://t.co/yRCddLF3bF
A launchpad for new tokens on Cronos Network, and a path to the https://t.co/W0ZGUlimoV app.
Tokens from any other launchpad on Cronos Network use that same path.
The eligibility: your token has graduated, on any launchpad.
No market-cap threshold. No pool-depth threshold.
Eligible means reviewed, not listed. Shortlisted projects are contacted using the details in the application, and no reply is not a rejection.
Apply: https://t.co/4WdfpYT0BG
Cronos Labs and https://t.co/46FGrHEz19 are separate and independent entities. Listing decisions are made solely by https://t.co/46FGrHEz19 at its discretion.
> Cronos app -> @UltApp
> 100% of revenue to be used for $CRO Buyback & Burn
> 5 proposed tokenomics changes across 2 votes
> And more
@CronosNetwork released a packed announcement, so here is everything you need to know, with sources: https://t.co/Moq11KfkRC
Coffee & $CRO โ๏ธ | Ep #66
Whatโs up with Cronos ?:
@LoadedLions_CDC big news
@SpaceWarXcro controller supp
@ObsidianSwap ready for ARC
@cryptojellomold spaces tool
@CronosApp rollout dates
& open mic as usual ๐๏ธ
Like / Repost / Tag friends
https://t.co/OR5IFWIvhs
The full memo: https://t.co/tUyUuR7hGE
Disclaimer: Products described are subject to eligibility requirements and are not available in all jurisdictions. Trading involves risk of loss, including total loss of funds. Nothing here is investment, legal, or financial advice.
Today we publish the Cronos Labs strategy going forward. It sets out what we are building, how it connects to CRO, and where it goes from here.
The core: 100% of the revenue from Ult and Cronos Launch buys $CRO on the open market and burns it, subject to governance approval.
Tokenomics update and proposal moving forward.
After analyzing these proposed ETFs and DAT from every angle, weโve reached the same conclusion: moving forward under current market conditions doesnโt make sense.
We will continue to pursue other ETF opportunities. As for the CRO committed to the DAT, weโll find a better way to allocate these resources in order to drive revenue, increase demand and grow the value of the ecosystem.