Grvt Community AMA with CEO

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Grvt
@grvt_ioMar 12, 2026

The Spaces focused on Gravity’s decision to postpone its token generation event (TGE) to no later than the end of June, alongside a comprehensive walk-through of token design, anti-dilution measures, and the product roadmap. Moderator Stephanie (Head of Marketing) hosted, and CEO/co‑founder Hong detailed why the team prioritized long-term success over a calendar date: ensuring product readiness (spot trading by end of April, staking features, expanded integrations), traction readiness (77k connected wallets, mobile app weekly retention up to 67%), and, most critically, demand readiness (100% of net protocol profits to buybacks, institutional “anchor buyers,” and multiple exchange listings). To address dilution risk, Gravity added 6% to the Genesis/Season 2 airdrop (now 18%) and extended Season 2 by three months while keeping the expected tokens-per-point (~32) essentially unchanged for early earners. Hong outlined Gravity’s four-layer platform (Exchange, Yield, Investment, Payments), sustainable revenue mix, and a retention strategy centered on capital productivity via tokenized, yield-bearing deposits usable across trade/invest/spend—plus fiat on/off-ramps and a debit card before TGE. In Q&A, the team reaffirmed no further TGE delay beyond end of June and emphasized controllable levers over market timing.

Gravity AMA Summary: TGE Timeline, Tokenomics, and Product Roadmap

Participants

  • Hong (Co‑founder & CEO): Led strategy and product/token discussions, addressed community concerns.
  • Stephanie (Head of Marketing): Moderator, framed questions from the community, closed the session.

Key Decisions and Commitments

  • TGE date: Postponed; will occur before June 30, 2026. No further delay beyond end of June (commitment reiterated).
  • Community allocation: +6% supply added to Season 2 airdrop (from 12% to 18%) to prevent dilution.
  • Buybacks: 100% of protocol net profits committed to token buybacks post‑TGE.
  • Spot trading: Launch targeted before end of April.
  • Fiat on/off‑ramp: In partnership testing; goal to go live before TGE, targeting May for internal dogfooding.
  • Payments and card: P2P payments and debit card to launch before TGE.
  • Staking: Pre‑TGE point staking and token staking tied to utility/membership benefits.
  • External listings: Plan to list on third‑party exchanges in addition to Gravity to broaden demand and liquidity.
  • Progress updates: Will share milestone updates; exploring a public progress tracker.

Why TGE Was Moved and What Changes

  • Rationale for postponement: Ensure a strong, sustainable launch by maturing product readiness, user traction, and—most critically—demand readiness. Market timing is explicitly not a deciding factor; the team focuses on controllables (product, traction, demand, capital, listings).
  • Time horizon: TGE will be before June 30, 2026; “no further delay” repeated in live Q&A.

Dilution, Points, and Season 2 Mechanics

  • Additional 6% allocation: Season 2 airdrop increases from 12% to 18% of total supply.
  • No dilution promise: Token per point ratio intended to remain essentially unchanged despite the extension and added supply.
    • Prior plan: 12% across ~3.75M points ≈ ~32 tokens/point.
    • Extended plan: 18% across ~5.7M points (projected) keeps ≈ ~32 tokens/point.
    • Effect: Early earners’ expected value per point stays the same; extension simply offers more time to earn more points.
  • Earning rules unchanged: Points continue to accrue via trading volume, open interest, TVL, referrals, maker activity, etc.; category weightings unchanged. Only Season 2 end date and allocation changed.

Managing Post‑TGE Sell Pressure

  • Supply‑side levers
    • Point and token staking: Pre‑TGE staking pools tied to tangible utility and membership benefits; public pool stats let the community see how much circulating allocation is locked long‑term.
  • Demand‑side levers (primary focus)
    • Retail demand: Product adoption, marketing, and external exchange listings to broaden access and liquidity.
    • Institutional anchor buyers: Ongoing program to onboard institutions committed to accumulating and supporting market at launch; viewed as a key controllable lever. Team confidence supported by $34M raised to date and traction metrics.
    • Buybacks: 100% of protocol net profits allocated to token buybacks to sustain long‑term demand.

Product Readiness and Roadmap

  • Architectural vision: A four‑layer platform designed for capital productivity
    1. Exchange layer (perpetuals and spot)
    2. Yield layer (tokenized, composable, reusable yield deposits)
    3. Investment layer (broader investment options; more details to come)
    4. Payments layer (on/off‑ramp, P2P, debit card)
  • Near‑term product milestones
    • Spot trading: Launch before end of April; includes Gravity’s order book and a swap aggregation module.
    • Yield integrations: Aave integration going live next; expanding to Morpho and additional high‑quality sources; introducing Gravity’s own tokenized “Flex” yield vaults.
    • Unified margin: Coming soon, enabling reuse of tokenized deposits across trading/investing.
    • Fiat on/off‑ramp: Banking rail integrations (e.g., USD settlement in ~4–6 hours, auto‑convert to USDT/USDC) with partners; internal goal to pay employees via Gravity by May as a full‑stack test.
    • Payments & card: Private P2P transfers via Gravity’s privacy chain rails (send to phone/email), plus debit card support to spend directly from yield‑bearing balances. Target: before TGE.
    • Staking & membership: Pre‑TGE point/token staking, unlocking fee discounts, yield AUM caps, invest access, cheaper on‑ramp fees, higher deposit caps, and broader perks across trade/invest/earn.

Traction and Retention Readiness

  • Current traction

    • 77,000 connected wallets.

    • Weekly retention in mobile app improved from ~30% historically to as high as 67%.
  • Retention thesis: Solve real user problems by maximizing capital productivity with minimum friction.
    • Tokenized deposits generate base yield by default.
    • Single balance can be reused across trading, investing, payments, and spending—without interrupting compounding yield.
    • Aim: Make every dollar on Gravity “work harder” than anywhere else (higher capital productivity with fewer steps).

Yield Strategy and Sustainability

  • Base yield: Focus on safe, sustainable sources (e.g., Aave live next, Morpho to follow; additional high‑quality Ethereum L1 sources). Initially subsidized, transitioning to self‑sustaining as integrations go live.
  • Technology: Aggregate via trustless smart contracts; leverage ZK‑based capabilities for cheaper, faster connectivity to yield sources over time.
  • Bonus yield logic: Will become volume‑gated (trade more to unlock higher yield tiers); details forthcoming.
  • Flex yield vaults: Two flagship vaults planned, targeting higher yields (~5–6% and up to ~11%) with tokenization and unified margin reusability, while prioritizing safety and avoiding liquidation‑prone strategies.

Revenue Model and Buybacks

  • Primary current revenues: Trading fees and liquidation fees (exchange layer).
  • Yield layer revenues: Yield spread and lending/management fees as integrations scale and subsidies sunset.
  • Payments revenues: Stable, fee‑based income from on‑ramp/off‑ramp and card rails as they go live.
  • Cyclicality management: Trading revenues can be cyclical; yield and payments are steadier, helping smooth revenue across market conditions.
  • Buyback policy: 100% of net profits allocated to token buybacks after reinvestment in product/ecosystem growth.

Token Design (High‑Level)

  • Fixed supply: 1,000,000,000 tokens; no inflation beyond the cap.
  • Allocation at/around TGE
    • Community: 28% distributed via airdrop (Season 2 now 18% of total supply after +6% adjustment).
    • Team & core contributors: 19% (long‑term alignment).
    • Investors & strategic partners: 19.9%.
    • Future emissions & ecosystem rewards: 33.1% (to be distributed over time with community input).
  • Utility and membership: Staking/holding unlocks platform benefits—fee discounts, higher yield AUM caps, priority access to investment options, cheaper on‑ramp fees, higher deposit/GLP caps, and broader perks across trade/invest/earn.
  • Value accrual: Product revenue supports growth first; remaining net profits fully allocated to buybacks, routing platform value back to token holders.

External Listings and Market Access

  • Not Gravity‑only: The team is actively working with exchange partners to ensure organic demand and liquidity outside Gravity at launch.

Progress Tracking and Communications

  • Public tracker: Not previously planned; will explore feasibility. Commitment to share updates proactively at each major milestone (spot, yield integrations, unified margin, on/off‑ramp, P2P payments, card, staking/membership).

Live Q&A Clarifications

  • Market conditions: Acknowledged as important, but not a deciding factor; focus remains on controllable inputs (product, traction, demand, capital, listings).
  • Further delay beyond June: No—team is “90% there”; TGE must occur before June 30, 2026.
  • 11% yield sustainability: Base yield to be sustainable via Aave/Morpho and other high‑quality sources; bonus yield will be volume‑gated; additional Flex vaults aim for ~5–6% and up to ~11% with tokenization and reuse.
  • Fiat on/off‑ramp: Yes, actively integrating; USD rails targeted to settle within ~4–6 hours; internal rollout by May; global partner coverage expanding.

Closing Notes

  • The postponement is to maximize the probability of a successful launch and sustained token performance, not to extend farming for its own sake. The +6% Season 2 allocation is effectively “debt” the team must buy back over time; it was added to protect early supporters from dilution.
  • Gravity’s focus is to become the most capital‑productive platform for retail users—where deposits earn by default, can be freely reused across the full financial journey (on‑ramp → yield → trade/invest → pay/spend → off‑ramp) with minimal friction, privacy‑preserving transfers, and compounding yield throughout.
  • Team commitment: Ship product, grow sustainably, secure institutional demand, and finalize market structure—then list before June 30, 2026 with robust demand support.