GRASS · a fixed-cap DePIN token still working through its unlocks.

GRASS has a fixed 1,000M total supply and no protocol inflation — the network mints no new tokens, and the supply cap cannot be raised. Staking rewards of roughly 45% a year are paid out of pre-allocated reward buckets that already count toward the 1,000M, not freshly minted coins, so they add nothing to total supply.

The pre-launch allocations vest on a monthly linear schedule on the 28th — about 21M GRASS a month from the early-investor bucket plus a steady slice from contributors. Three steps fall inside the window, around Jun 28, Jul 28 and Aug 28 2026, for roughly 66M in total. This is the entire supply growth this quarter and matches the realized run-rate of about 22M a month.

The Foundation and ecosystem bucket (228M), future-incentives bucket (170M) and router-rewards bucket (30M) are the standing overhang, but none has a scheduled release dated inside the window. The early-investor vest finishes around Oct 28 2026 — just past these 90 days — making that the next big structural date. No discretionary release is dated here. Monitored.

No bankruptcy estate or court-ordered distribution applies to GRASS.

The Grass Foundation has run a small, manual buyback funded by network revenue — about $350K disclosed across 2025, roughly 5% of revenue — which at recent prices is under 1M GRASS in total, far below the monthly unlock. It is decision-based, not a fixed programme, and the wallet holding the bought tokens has not been published yet, so it is tracked here rather than booked as a fixed offset. Monitored.

There is no active protocol fee burn. A burn-and-mint dynamic has been floated but remains subject to governance and is not in effect, so no GRASS is being destroyed today.

The roughly $350K of open-market buying by the Foundation is captured under the buyback row above; there is no separate discretionary purchase programme to count here. Monitored.

Staking GRASS to routers and validators (around 45% APY, roughly a third of supply staked) removes some tokens from free float, but no new fixed lockup with a disclosed amount fired in the window, so nothing is booked as an offset. Monitored.