Crypto governance is notorious for being community-governed in name only; with large token holders able to dominate any proposals and changes at their will.
Crypto.com’s controversial proposal to re-mint 70 billion CRO tokens passes amid community backlash, raising trust and manipulation concerns.
Cronos, L1 blockchain backed by Crypto.com, has approved a governance proposal to reissue 70 billion CRO tokens burned in 2021.
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