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You’d think with all the CRO back in circulation they could be a little more generous

This could be really good. 100% of revenue generated will go towards buying CRO on the open market and burning it.
This will do a couple things.
Buying it on the open market will increase buying pressure. This will increase price.
Burning it will of course increase the price.
Then comes momentum. We’re going to be able to see how much revenue the app generates/burns. If this number (even if it starts low) continues to climb month after month it will be the perfect storm!
I was very surprised to see them say 100% but of course this could change. I do hope to see all 3 apps start using some kind of burn. Even 10% on the main app would be huge because of those massive spreads

How is this app related to CRO?

It’s mainly stock trading, but seems to be more through option trading, where basic stock trading is available on the Original App. There’s limited sports betting, and some perp trading there. But, no crypto, except USDC, so if you’re looking to swap from the existing Onchain (DeFi), you’ll lose your coins and they’ll end up in ULT in the form of USDC. (As already noted/confirmed previously in another thread. However, while there’s nothing here to really interest me at the moment, there seems a lot more to come that might be of interest, best to review & also go through the Cronos Labs Roadmap, provided:
https://cronos.com/strategy/
The above link also provides details regarding tokenomics, and how ALL fees applied in ULT will be used to buy CRO and be burned. This I believe is good news, but of course we’ve no idea how much this will be, or for how long this will be applicable, which is a critical element.

Interesting. I was just coming to this sub to rant about “Ult”.
This is from a former cdc member (jade card) who lost all confidence in CDC/CRO years ago and only stuck around to dabble with perps in Onchain app (Fulcrom, you my boy!).
So, from that perspective: what the hell is this??
I don’t know that I’ve ever seen such a bold “piggybacking” of an app/service like this. They literally swapped the app icon and name, causing concern and confusion, then ask if you want to sign up or just use the old defi app you’re used to.
Uhhh, yeah I’ll go with the original app- you know, where all my shit is?
They already did a similar move with zkEVM flurry and then shutter. I bridged over some like a moron, lost most of it (my fault), now a few bucks are stranded bc it costs $12.50 in ETH to bridge it back to Cronos. Whatever.
Where was I? Oh yeah, no communication clearly outlining the Ult change, what it is, who it’s for, and why is it bundled with Onchain now? Is that permanent? Will Onchain go unsupported and wither?
Who knows? What I do know is that I should wrap up my silly defi dabblings and get the hell out for good. I still do the check in for diamonds for some dumb reason.
Anyhow, this was more for me. Hope you all have a great day.

Tried to send some CRO over on cronos network and POS and neither went over. Only tried 2cro on each

200k BTC. $1 CRO. $AUD

You’d think with all the CRO back in circulation they could be a little more generous

This could be really good. 100% of revenue generated will go towards buying CRO on the open market and burning it.
This will do a couple things.
Buying it on the open market will increase buying pressure. This will increase price.
Burning it will of course increase the price.
Then comes momentum. We’re going to be able to see how much revenue the app generates/burns. If this number (even if it starts low) continues to climb month after month it will be the perfect storm!
I was very surprised to see them say 100% but of course this could change. I do hope to see all 3 apps start using some kind of burn. Even 10% on the main app would be huge because of those massive spreads

How is this app related to CRO?

It’s mainly stock trading, but seems to be more through option trading, where basic stock trading is available on the Original App. There’s limited sports betting, and some perp trading there. But, no crypto, except USDC, so if you’re looking to swap from the existing Onchain (DeFi), you’ll lose your coins and they’ll end up in ULT in the form of USDC. (As already noted/confirmed previously in another thread. However, while there’s nothing here to really interest me at the moment, there seems a lot more to come that might be of interest, best to review & also go through the Cronos Labs Roadmap, provided:
https://cronos.com/strategy/
The above link also provides details regarding tokenomics, and how ALL fees applied in ULT will be used to buy CRO and be burned. This I believe is good news, but of course we’ve no idea how much this will be, or for how long this will be applicable, which is a critical element.

Interesting. I was just coming to this sub to rant about “Ult”.
This is from a former cdc member (jade card) who lost all confidence in CDC/CRO years ago and only stuck around to dabble with perps in Onchain app (Fulcrom, you my boy!).
So, from that perspective: what the hell is this??
I don’t know that I’ve ever seen such a bold “piggybacking” of an app/service like this. They literally swapped the app icon and name, causing concern and confusion, then ask if you want to sign up or just use the old defi app you’re used to.
Uhhh, yeah I’ll go with the original app- you know, where all my shit is?
They already did a similar move with zkEVM flurry and then shutter. I bridged over some like a moron, lost most of it (my fault), now a few bucks are stranded bc it costs $12.50 in ETH to bridge it back to Cronos. Whatever.
Where was I? Oh yeah, no communication clearly outlining the Ult change, what it is, who it’s for, and why is it bundled with Onchain now? Is that permanent? Will Onchain go unsupported and wither?
Who knows? What I do know is that I should wrap up my silly defi dabblings and get the hell out for good. I still do the check in for diamonds for some dumb reason.
Anyhow, this was more for me. Hope you all have a great day.

Tried to send some CRO over on cronos network and POS and neither went over. Only tried 2cro on each

200k BTC. $1 CRO. $AUD

I can see mine, CRO, MERY, TONIC, GALA, But I moved everything in the CRO staked, to the Exchange one week ago fortunately! Do you mean Earn (App) or staked (Onchain) ??

Hi, do you know why I can’t see my staked CRO in Jerry pool in earn since this update to “Ult”?

Been saying exactly the same thing for years to the majority of posters on the CRO sub, but they're adamant it's a scam/ponzi/fraud, and a rug pull all rolled into the CDC plans put out by Kris. Plus of course he just had a years help from his best buddy, the Orange One!!

Buying tokens of non-physical gold sounds alarming to me. But if you treat it like CRO I guess it's a fair deal. Personally, I would only buy physical gold unless Id want to leverage short term.

I sent CRO but it was automatically converted to USDC

I thought someone had said they moved their CRO over 🤷‍♀️