A buyback is only half the story. The other half is what happens to the tokens after. On Oct 19, @grvt_io ran its first buyback round: + 1.1M GRVT bought on open market, ~0.96% of circulating supply + Sent to the Buyback Safe at 07:21 UTC + Burned to the zero address at 14:14 UTC + Total supply: 1,000M → 998.9M --- Most projects do one of three things with bought-back tokens: ① Burn: sent to the zero address. Gone for good, nobody can move them again. ② Treasury: held in the project wallet. They can come back later as grants, incentives or sales. ③ Buyback-and-hold: parked in a wallet with no stated plan. Supply looks lower today, but it depends on later decisions. Only a true burn permanently removes those tokens from total supply. --- Treasury = Future token use remains subject to governance decisions Burn = check the zero address yourself Every step has a tx hash on Grvt's public dashboard, and the next rounds are intended monthly. This is step 1 of 5 on the road to Grvt 2.0. ➥ A burn doesn't ask you to trust what happens next, because nothing can happen next.