A buyback means nothing if the tokens end up sitting in a treasury. Grvt just completed its first buyback: 1.1M $GRVT bought on the open market and burned , close to 1% of circulating supply. Not locked. Not treasury. Permanently removed and verifiable on-chain. But the bigger signal is timing: this is milestone one of five before Grvt 2.0 . They’re building toward one self-custodial balance that can: ➛ Earn from tokenized fixed-income assets ➛ Trade crypto, stocks, FX, commodities and indices ➛ Use that same earning balance as trading margin That last part is the real unlock. Your money doesn’t have to choose between sitting idle and being ready to trade. A buyback is easy to copy. A product loop where yield, trading and self-custody reinforce each other is harder. Grvt is trying to build the second one. $GRVT @grvt_io