Why should trading collateral stop earning the moment you decide to use it? That’s the part of Grvt 2.0 I keep returning to. Following its first 1.1M $GRVT buyback and burn, @grvt_io is preparing a broader product rollout. Grvt Earn targets up to 11% yield through tokenized fixed-income strategies, although returns aren’t guaranteed. But Yield as Margin is where the model gets interesting. Eligible Earn balances could continue generating yield while supporting trading positions. That’s potentially a meaningful change in how traders allocate capital. Of course, the real test will be collateral haircuts, liquidation mechanics and redemption liquidity. Can yield-bearing margin become a practical alternative to idle collateral?