A token burn announcement is one thing. Being able to verify it yourself is another 👀 @grvt_io has completed its first buyback, purchasing and permanently burning 1.1M ethereum:0xad29f2723fcdbcf665f210f25e06f97477e417cf, nearly 1% of the circulating supply. An independent execution partner handles the purchases on behalf of the Foundation's token issuer, and the results are publicly trackable onchain. The dashboard shows how many tokens were purchased, what percentage of circulating supply they represent, cumulative burns, and transaction hashes. I like being able to check the actual transactions instead of just taking an announcement at face value. Future buybacks are intended monthly, but remain at the issuer's discretion. Since future buybacks aren't guaranteed, having a public record matters even more. One burn proves the first step was taken. A public record of future burns will show how consistently Grvt follows through over time. That's the part I'll be paying attention to.