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If he’s complicit in using the stolen CRO then he’s no better than Kris. If he comes out with a clear statement that Cronos/ULT won’t directly or indirectly use any of the stolen funds then maybe he can start to make amends and distance CRO from Kris.

Why people still trust this shit coin when they unburned CRO before

Was the dirty deed implemented before Ryan joining, or afterwards? 🤷‍♀️. In my mind it seems before, therefore absolving him from being criticized for the dirty deed. Ryan seems to be the one trying to change the tokenomics for the better, it’s very early days in this regard, so I’m just watching! But, the onchain staking for CRO is almost at 3%, which I believe is his target, additionally I note that both the Exchange & the old App are matching Onchain staking. Yet, they’re offering it through flexible, where Onchain has a 28/9 day hold before release, seems to make Onchain redundant in terms of CRO Staking!

Considering they have done virtually no marketing, I’m very hopeful. It’s burn rate should average $75 million worth of CRO every month

This!! Binance got hit because they are a bigger target. CDC is moving in the shadows. I am a CRO person too but BNB being hit is not good for any of us.

CRO isnt worth the effort to find a way in. 6 billion vs what, like a couple hundred million?

Lol, did you not see that $CRO fell harder than $BNB in the last 24 hrs?

It's only 1.79 million, but it's a start and should continue to grow from here... It's better than not burning anything at all. CRO 🚀

Wow yeah CRO is $0.05 and BNB is still 4th biggest crypto out there... Sick burn bro

Ayyy where are all those Binance is better and safer than CRO shillz now 😎

Should be a $20,000 CRO prize pool.

The fact that the renamed the Cronos app something else tells me everything I need to know regarding how much the team support CRO

CRO bought back today

Where is the revenue coming from? How high are the fees, other than buy backs what other purpose does CRO serve in the Ult app?

I've been poking around ULT last week, interface is not bad actually. The 40x leverage is crazy but i stay away from that, lost too much money already at other platforms with high leverage. The buyback mechanism sounds good in paper but like you said, we need to see it actually working before celebrate. I think if they get even just few hundred regular traders, the CRO burns could become noticeable. Most people just complain without trying the product first.

So Ult is expanding pretty quick. Over 400 perpetual markets now, some offering up to 40x leverage which is pretty nuts. They’re also adding tokenized stocks, prediction markets and a desktop platform. And with 100% of Ult revenue going towards CRO buybacks and burns, the more volume they bring in, the more CRO they could potentially burn. Still waiting to see those buybacks actually happen, but I’m definitely bullish on where this is heading.