According to CoinMeta, the Cronos community has released a governance proposal that intends to use all income generated from Ult and Cronos Launch to purchase and destroy CRO in the market each month, and to execute and publish the transaction hash values on-chain each month. Operational, infrastructure, and growth costs will be covered by existing funds, while strategic reserves will be used to support the staking rewards for Cronos POS. Staking rewards will be distributed according to the current Cronos POS parameters, and the reserves will be replenished as the issuance volume decreases. The voting period for this proposal lasts until October 3rd.