PANews reported on March 4 that Layer1 blockchain Cronos faced strong opposition for a proposal to recover 70 billion CRO tokens destroyed in 2021. Early voting results on Mintscan showed that 95.7% of participants voted to reject the plan. The vote is expected to end on March 17.

In addition, Cryptoslate reported that CRO advocate Wyll Bilderberg said on the X platform: "Destruction is destruction, and destroyed tokens should not be resurrected. I almost never oppose anything that happens on Cronos, but today, I strongly oppose it! If this bill passes, it will only confirm that Cronos is highly centralized and therefore cannot be trusted."

Earlier yesterday , Cronos proposed to reissue 70 billion destroyed tokens to "create the Cronos Strategic Reserve."