GriffinAI Executed First Strategic Token Burn from $2.5M Buyback Fund

10 Million $GAIN Tokens Permanently Removed, Linking Future Burns Directly to DeFi AI Agent Usage

GriffinAI, the #1 AI Agent Builder for DeFi, today announced the successful execution of its first major token burn, permanently removing 10,000,000 $GAIN tokens from circulation. This significant burn—representing 2,1% of the circulating supply—is the initial purchase conducted from the previously announced $2.5 Million Buyback Fund, establishing a direct, utility-driven deflationary link to the $GAIN token. The $2.5 million buy-back fund was established in October this year.

🔥 First Buyback and Transparent Burn Details 
The 10 million $GAIN tokens were acquired on the open market on Pancakeswap, from this project owned wallet. As visible on chain $GAIN token has been purchased on Pancake swap over the last 36 days, before it was transferred to the burn (blackhole) address. This process ensures that the tokens were bought using the dedicated fund, supporting the market before being permanently destroyed.

The purchase transactions can be verified on-chain: https://bscscan.com/tokentxns?a=0x6Ee16b682216cA1083b10EB77a10990B8446D52A

• Tokens Burned: 10,000,000 $GAIN
• Source: First transaction from the $2.5 Million Buyback Fund
• Project wallet which was buying the token: https://bscscan.com/tokentxns?a=0x6Ee16b682216cA1083b10EB77a10990B8446D52A
• Burn Transaction ID: 
  0x54638baea4076cbeadcb21f487f3efff38750fa212affca2668debaa46ef6721

The transaction has been publicly broadcast on the blockchain and can be verified by the community via BNB Smart Chain Explorer at the following link: Bsc Transaction Hash: 0x54638baea4... | BscScan

"Today’s burn is a landmark moment. It validates our commitment to the $2.5 million fund and, crucially, establishes a new model where token scarcity is directly tied to platform adoption," said Oliver Feldmeier, Founder of Griffin AI. "The token burn has by now become a gold standard in the crypto industry for delivering value to the token holders, and we are now leveraging this mechanism to reflect the success of our project."