GRVT permanently burns 1.1 million tokens in first buyback

GRVT removed 1.1 million tokens from circulation in its first buyback, giving the rollout a visible onchain adoption signal without overstating the economics. The tokens were bought on the open market and permanently burned instead of being held in treasury, equal to approximately 0.96% of circulating supply at the time.

A public dashboard tracks the purchases, supply figures, cumulative burns, and transaction hashes. GRVT plans additional monthly buybacks under its GRVT 2.0 rollout, but those purchases remain at the token issuer’s discretion.