GRASS · no coin is being minted, and the locked pile keeps emptying into the market.
GRASS is the token of Grass, a Solana network that pays households for spare bandwidth and sells the data to AI buyers — 677.0M circulating out of a fixed 1,000M.
Sell pressure. Nothing is minted. But locked vaults keep draining: 51.2M GRASS left them over 90 days, plus a one-off 13.3M Foundation grant.
Buy pressure. None. No burn fired, no buyback reached the chain, and revenue is paid out in dollars, not GRASS.
Net. Supply grew 9.53% in 90 days and is set to grow 7.56% more.
- Monthly vault release~10.7M GRASSSep 28 2026 · added to market
- Early-investor vesting ends~34.8M GRASS leftOct 28 2026 · added to market
- Monthly vault release~10.7M GRASSNov 28 2026 · added to market
No new GRASS is created. There is no block reward and no staking emission: every coin that will ever exist was made at the October 2024 launch, and the count of GRASS in existence read 999,993,103.21 on three separate reads this session — below the 1,000M it started at. Network rewards are paid to users in dollars out of revenue, not in new coins, so paying them changes the supply by nothing. The key that could create more coins has not been thrown away, so this row is watched rather than closed.
This is the supply story. Twelve locked vaults hold what has not been handed out yet, and 51.2M GRASS left them over these 90 days. Three of them pay out exactly 1,948,333.33 each on the 28th of every month and fired on Jun 28, Jul 28 and Aug 29 2026. The main treasury sends a further 4,838,295.42 a month to a payout wallet, on Jun 23, Jul 27 and Aug 24 2026. Five early-investor vaults, each holding exactly 10M when the window opened, emptied part of their balance in one cluster straight after the Jun 28 2026 unlock date. Nothing is minted to do this — the coins already existed and were simply not spendable. Unlock calendars quote up to 33.4M a month; the chain moved less than half that.
One ad-hoc grant, not on any calendar: on Jun 10 2026 the Foundation treasury moved 13,333,332.33 GRASS in a single transaction to a fresh one-signature wallet that has not moved a coin since. It is booked once, here, at the moment it left team control. Watched as overhang: the treasury itself at 256.5M, the three monthly vaults at 11.69M each, five early-investor vaults holding 34.75M between them, and the 13.3M sitting in that new wallet — 343.3M of team-controlled GRASS in all. Nothing else fired in the window and there is no published schedule for the next one, so nothing is projected forward.
There is no bankruptcy estate, no trustee and no court-ordered distribution attached to GRASS. Nothing sits in this row and nothing is expected to.
A buyback was described on the Jul 7 2026 holder call — 10,000 dollars one week, 25,000 the next, about 5% of half a year's revenue, run by hand. That is the whole of it: no contract, no dashboard, no published wallet and no rule fixing the size, and the project's own written recap of that call does not mention it. The treasury bought nothing on the open market in this window; the single payment it received, 1.8M GRASS on Aug 21 2026, came from another wallet the same treasury controls. Too small and too unverifiable to count.
Nothing is burned. Both places a coin can be destroyed were read: the two unspendable addresses hold a single billionth of a GRASS between them, and the count of GRASS in existence sits at 999,993,103.21 against the 1,000M made at launch. That second reading caps every coin ever destroyed, over the token's entire life, at 6,897 — a thousandth of one percent. Revenue arrives in dollars and is spent as dollars, so there is no fee stream pointed at the token.
The Foundation bought no GRASS. Its treasury moved in one direction over the window — down, from 282.5M to 256.5M — and the only inflow was an internal transfer back from a wallet it already controls.
Nothing new was locked away, and staking went the other way: the 18 staking pools held 245.1M GRASS at the start of the window and 212.7M at the end, a 32.4M unstake. It would not remove supply from this reading in any case, because staked GRASS is already counted as tradable float and can be pulled back out after a short cooldown.
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