
Grvt has completed its first buyback, with 1.1M $GRVT bought and burned, close to 1% of the circulating supply. some important details to note: - the tokens are permanently burned, not held in a treasury. - every buyback can be verified through a public onchain dashboard. - further buybacks are intended monthly, at the Foundation’s discretion. - Grvt Earn targets yields of up to 11%, while Stable Funding Perps and yield as margin are planned next. - Grvt 2.0 is expected by the end of November, bringing these features together in one self-custodial app. the first buyback is done, now the focus is on delivering the next steps.

