The 1.1M GRVT buyback and burn was the first thing that got me looking at Grvt 2.0 again.
But Earn is the part I kept coming back to.
@grvt_io plans to bring tokenized fixed-income strategies onchain. Target yields can go up to 11% but obviously that isn’t guaranteed.
The yield is meant to come from things like interest, premiums and invoices.
Honestly, that makes more sense to me than another random high APY pool.
Then there’s Yield as Margin coming after that.
So instead of earning in one place, moving funds out, then using them to trade somewhere else, eligible balances could do both.
Still need to see how it feels once it’s live.
But yeah, that part of Grvt 2.0 is probably the one I’m watching closest.