GRVT @grvt_io has completed its first buyback, purchasing 1.1 million tokens on the open market and directly burning them—about 1% of the circulating supply. From now on, there will be one round every month. The scale will be determined by the foundation and executed by an independent party. After the burn, the total supply will be permanently reduced. A dashboard will publicly display the quantity and transaction hashes for each round. The buyback is just the beginning. GRVT plans to roll out five major updates by the end of November, transforming itself from a perpetual DEX into an investment app. Here’s what’s coming: 1. End of October: Earn with up to 11% annualized returns, backed by real fixed-income asset cash flows. Partner institutions will be announced on launch day. Funds stay in accounts that only your private key can access. 2. November: Stable funding rate perpetuals. Trade U.S. stocks, forex, commodity indices—all in one account. Zero fees, funding rates settled daily. By year-end, the goal is to offer over 1,000 trading pairs. 3. November: Deposits in Earn can directly be used as margin—earn passive income while opening positions. 4. End of November: Grvt 2.0—new branding, new app, and over 200 additional markets. Plus, the 2027 roadmap will be revealed. Here’s what to watch next: monthly buyback scale, how much Earn can attract, and whether zero-fee perpetuals can drive volume.