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First Buyback and Burn Announced for This Altcoin: 1.1 Million Tokens Removed from Circulation!

First Buyback and Burn Announced for This Altcoin: 1.1 Million Tokens Removed from Circulation!

Photo: Bitcoin Sistemi

GRVT, a company offering futures trading services on crypto and real-world assets, has announced the completion of its first buyback and burn operation for the GRVT token. According to today's announcement, 1.1 million tokens purchased from the open market have been permanently removed from circulation. The transaction was carried out by the foundation's token issuer through an independent implementation partner. The purchased tokens were sent to the designated burning address. The announced amount represents approximately 1% of the circulating supply at the time of the purchase.

Source: Bitcoin Sistemi

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