Most crypto projects talk about what they plan to build. I pay more attention to what they’ve actually delivered. That’s why @grvt_io caught my attention. Grvt has completed its first buyback, purchasing 1.1M $GRVT on the open market and permanently burning the tokens. The part I value most? Transparency. → Public dashboard to verify buybacks and burns → Monthly buybacks planned at the team’s discretion → Grvt 2.0 focused on making capital more useful And the upcoming features are worth watching: • Earn with targeted yields of up to 11% (not guaranteed) • Zero-fee perps for stocks, FX, commodities and indices • Yield as Margin • A unified self-custodial app Yield as Margin is the feature I’m most curious about. If users can earn yield on eligible assets while using them as trading margin, that could make capital more efficient instead of forcing a choice between earning and trading. Of course, execution, risk controls and the actual product details will matter. For me, the bigger picture is simple: Less hype. More verifiable actions. Better use of capital. That’s what I’ll be watching as @grvt_io builds Grvt 2.0.