Crypto.com will slash annual rewards on new CRO token lockups by 25% or more starting September 10. Rates drop from 9% to 6% for the Obsidian/Private tier, from 8.5% to 5% for Icy/Rose/Private, and from 4% to 3% for Jade/Indigo/Pro. CRO’s price has declined 75% over the past year and remains 93% below its all-time high reached almost five years ago. These cuts follow a string of broken promises, including the premature termination of promised CRO token airdrops, reduced card benefits, and the reversal of a 70 billion CRO token burn program with a plan to remint them.
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