GRVT @grvt_io has released its economic model, here’s a quick summary for everyone: 1️⃣ GRVT has a fixed total supply of 1 billion tokens and is non-inflationary; 2️⃣ 100% of the protocol’s economic surplus will ultimately return to GRVT holders through ecosystem reinvestment + systematic buybacks, essentially embedding a guaranteed buyback mechanism directly into the token model; 3️⃣ GRVT isn’t just about trading fee discounts—it’s more like a membership key for the entire ecosystem: trading, Earn, investing, and payments all require it. Based on GRVT’s characteristics, I think the token’s utility will shine in trading and Earn-related profit-making scenarios, like holding tokens for new launches? 4️⃣ TGE has been postponed to the end of June 2026, making it one of the only two leading DEXs that hasn’t issued tokens yet; 5️⃣ S2 rewards have been increased from 12% to 18%. Here’s my take on GRVT @Grvt_zh: if their spot trading, Aave integration, and payment products can truly come together later on, GRVT is clearly aiming to be more than just a perp platform—it’s striving to become a comprehensive on-chain gateway that integrates trading, earnings, and payments. You can already see the blueprint for this vision in their public tokenomics!