← Blog

Aug 9, 2026

Official announcement: $GROW weekly burn schedule

What's changing

Starting now, 100% of all $GROW collected from creator fees will be permanently burned every Sunday — sent to the standard burn address, unrecoverable, removed from circulating supply for good.

The mechanics

  • Frequency: every Sunday
  • Amount: 100% of accumulated $GROW creator fees — whatever's actually been collected that week, not a fixed number
  • Burn address: 0x000000000000000000000000000000000000dEaD
  • Proof: an on-chain transaction is posted after every burn

Inaugural burn: 72,000,000 $GROW (~$16)

The first burn already happened, verified on-chain:

  • Amount: 72,000,000 $GROW
  • Transaction: 0xb87bf70a…4349
  • Confirmed: a direct transfer(to, amount) call on the $GROW contract, to the burn address above, amount exactly 72,000,000 $GROW

What this means

Every $GROW burned is permanently removed from total supply — a real, on-chain, verifiable reduction each week, not a marketing claim. This is separate from $GROW's existing utility (free Premium, 20% off Builder for wallets holding 100,000,000 $GROW) — a supply mechanic on top of it, not a replacement.

Nothing here is investment advice, and nothing about the token promises a return.

Official announcement: $GROW weekly burn schedule — HoodGrow · HoodGrow