
A governance proposal is live today. It transitions CRO from inflation-funded rewards to a revenue-backed model - powered by the Cronos App and the broader ecosystem.
Here is what's changing.

A governance proposal is live today. It transitions CRO from inflation-funded rewards to a revenue-backed model - powered by the Cronos App and the broader ecosystem.
Here is what's changing.
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Good morning!
I was wondering if anyone else feels like the CDC app notifications are misleading. I regularly get notifications like the one attached in this picture suggesting that I could earn 5% p.a. by locking up some BTC. The second picture shows that the highest rate offered currently is 1.5.
I am a pro member and have a CRO at the Jade level. If those 5% rates are offered for other tears, I guess I’m wondering why I even get the notice if it’s not applicable to my situation and there isn’t an explanation on how to get there once you navigate through the notification. In my opinion, it’s either intentionally misleading, a terrible app workflow, or both.
Thoughts? Do you guys have a similar experience with those types of notifications?
Hi!
Hopefully someone here would be able to give me a clear and concise answer to my wonderings, hopefully based on experience.
I have tried FAQ. I have tried support, several times, ticket has been escalated twice and the answer is different every time. Mainly looking for experience from someone in a similar situation.
I have staked for Royal Indigo tier in 2021. Total CRO 10 034, originally valued at 3 500 EUR, and now valued at around 594 EUR.
I have not accepted the "new" terms&conditions, thus weekly 4 % p.a. CRO payouts have stopped (a long time ago already).
Without accepting terms&conditions it is of course possible to sell everything right now, which I don't want and I use the card mainly for lounge benefits. If I don't accept terms&conditions will I get a new card still in 2027 after current card expires?
Mainly I would want to know what happens IF I accept the terms&conditions.
I have so far understood that accepting the terms&conditions will move my "legacy CRO stake" to an on-chain staking mechanism, weekly CRO pay-outs will "likely" resume (but lock-up sum 10 034 CRO and pay-outs will be locked directly in on-chain staking, not freely usable, until entire stake is moved away which has a locking period of around 36 days), and the new PRO level-up tier will be my tier.
What happens to lounge benefits if accept terms&conditions? This is really the only benefit that matters to me.
Is it so I will keep the new PRO tier indefinitely? Or will I need to stake more at some point or pay monthly subscription?
Will my tier be downgraded if I accept the the "new" terms&conditions? Since 10 034 CRO is not valued at 3 500 EUR but 594 EUR.
Will the weekly CRO pay-outs resume? At what percentage? 4 % p.a. in CRO based on original lock sum or current EUR value of lock-up sum? Or something else?
What is the card cashback in a situation like this? 3% or something else?
What happens to lounge access if I sell/ unstake the the locked up CRO?
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The app insists I update it before I can continue to use it, but there are no available app updates on the App Store with most recent version being 3.232.02 released a week a go which is what I have.
Tried rebooting the phone, refreshing the app store updates page, nothing!