1.1M GRVT bought and burned. First one done, many more to come from @grvt_io. Nearly 1% of circulating at the time, permanently removed. The difference is that it’s already executed, not sitting on a roadmap. Intended monthly from here, discretionary, run by an independent partner. Public dashboard with the tx hashes so anyone can check the purchases, the % of supply, and the cumulative burns without waiting for the next update. This is the start of the Grvt 2.0 sequence. The piece I’m watching closest is Yield as Margin in November. Using eligible Earn balances as trading margin while they keep earning is the cleanest version of “capital stays productive” I’ve seen proposed. Most platforms still force you to pick one or the other.
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