Gregory Pudovsky
Printed: October 20, 2025 at 3:38 am Up to date: October 20, 2025 at 3:39 am
In Transient
Griffin AI accomplished a 1:1 $GAIN token swap with Binance Alpha customers, re-established official liquidity, and launched a $2.5M restoration and buy-back program to revive token provide and market stability following a current exploit.
This week, Griffin AI efficiently accomplished of the $GAIN token swap on Binance Alpha. Following completion of the swap for eligible customers, Binance Alpha re-opened buying and selling for $GAIN on 13 October 2025 (12:00 UTC). That is the ultimate milestone of the token swap and buying and selling reopening course of. It was efficiently carried out on all exchanges concerned in preliminary token launch. This transfer marks the opening a brand new progress chapter for the challenge and its group.
Underneath the mutual settlement, Binance Alpha and Griffin AI collectively ensured a 1:1 token swap for eligible Binance customers who bought $GAIN earlier than the buying and selling suspension (topic to Binance verification). Binance funded 50% of the alternative tokens from its personal treasury, whereas Griffin AI funded the remaining 50%. This shared-responsibility mannequin achieved two targets: on one aspect, it protected Binance customers giving them 1:1 new token swap; on the opposite aspect it created the mechanism to mitigate the affect of the elevated circulating provide by joint funding of the buy-back overlaying whole 180m GAIN allotted to Binance customers.
For long run success of GriffinAI challenge, limitation of the token provide and wholesome tokenomics is of serious significance. Getting the monetary contribution from Binance aspect as part of the token swap decision marks industry-first, landmark deal that no founder or challenge had achieved earlier than.
As well as, Griffin AI has activated the primary $1,000,000 tranche of its beforehand introduced $2,500,000 Restoration & Purchase-Again Fund. This system is designed to take away the additional circulating provide created by the attacker’s unauthorized mint by way of a compromised BNB bridge on 25 September, and to help orderly market circumstances throughout the post-swap section. The repurchased tokens will likely be despatched to a burn handle month-to-month with on-chain transparency and a public observe file.
Restoring token integrity and provide realignment
As a part of the restoration, Griffin AI additionally accomplished a provide realignment to make sure that customers might be restored with out rising most provide.
Present circulating provide submit token swap: roughly 450 million GAIN,
That is ca. +210 million extra compared to the unique tokenomics plan.
Most provide stays unchanged at 1,000,000,000 GAIN.
Sources for swap & liquidity (reallocation, not inflation):
100 million GAIN was taken from the group fund: the group allocation was decreased by 100 million GAIN from whole of 150 million GAIN to 50 million.
20 million was added from the Investor allocation, which was decreased all the way down to 205 million.
Node Ops & Staking fund of 90 million GAIN retired; this system has been redesigned and will likely be coated sooner or later from the Ecosystem allocation.
Tokens used to finish the consumer swap and to re-establish official liquidity for the brand new GAIN had been sourced from these inside reallocations—not by rising most provide, which remained at 1 billion GAIN. On 13 October, the challenge’s official PancakeSwap liquidity was re-established and funded with $1,000,000 (cut up $500,000 in new GAIN and $500,000 in USDT).
Why $2.5M and the way the buy-back works
The buy-back fund measurement mirrors the gross proceeds the attacker extracted from promoting counterfeit tokens to the group – estimated at $3,000,000. From this, Griffin AI had already absorbed $500,0000 by intercepting pretend tokens by way of its official liquidity pool on PancakeSwap throughout the incident. The remaining $2,500,000 will finance open-market buy-backs that can scale back the circulating provide towards its meant trajectory. That is the way in which how GriffinAI takes on itself the total affect of the monetary loss the hacker placed on customers shopping for pretend tokens from him.
Restoration mechanics in two steps:
Defend customers: full a 1:1 swap for eligible Binance customers (excluding suspicious addresses), ensuing initially in greater circulating provide.
Restore provide: conduct buy-backs (first $1M now; the remaining $1.5M deployed tactically over ~12 months); burn month-to-month to normalize circulating provide and help orderly worth discovery.
The that means of this deal
The relaunch of $GAIN marks a defining second not just for Griffin AI, however for the broader DeFi ecosystem and crypto group. It units a brand new precedent for a way founders, exchanges, and communities can unite after an exploit and emerge stronger by working collectively.
Oliver Feldmeier, Founder & CEO of Griffin AI, mentioned:“In the beginning, the scenario regarded precarious. In incidents like this, tasks are sometimes left with two unhealthy choices: a blanket 1:1 swap that floods the market with extra provide, or delisting—which hurts customers and destroys belief.We managed to barter with Binance a 3rd means. By agreeing to share the burden 50–50, we restored all eligible Binance customers 1:1 whereas on the identical time retaining the facility to protect $GAIN’s wholesome token economics.
What makes this decision really exceptional is that Binance used its personal treasury funds to assist cowl customers—one thing nearly exceptional. It’s a landmark deal and a powerful vote of confidence in Griffin AI and our group. We’re grateful for Binance’s professionalism and partnership.”
Official liquidity and market steerage
On 13 October, the challenge’s official liquidity on PancakeSwap was re-established and funded with $1,000,000 (cut up $500,000 in new $GAIN and $500,000 in USDT). Official pool (by way of CoinMarketCap DEX view):https://dex.coinmarketcap.com/token/bsc/0xa890F8BA60051ec8a5B528F056DA362Ba208a96F/
New $GAIN contract on BNB Chain (BSC):https://bscscan.com/token/0xa890f8ba60051ec8a5b528f056da362ba208a96f
Exchanges which have accomplished the token swap and are acknowledged by the challenge: HTX, MEXC, KuCoin, Gate, WEEX, Binance Alpha.Warning: All the time confirm that an trade has formally accomplished the token swap earlier than buying and selling.
Aggregator standing: As of the date of this publication, some third-party aggregators are nonetheless updating $GAIN pages to replicate the brand new contract, token provide numbers and venues. For instance, CoinGecko could not but present all exchanges buying and selling the brand new token, and CoinMarketCap could listing each reliable new-contract markets and legacy/third-party swimming pools, whereas the overall circulating provide has not been replace as of the date of the publication of this press launch. For reference please depend on the official contract handle and the buying and selling venues listed above.
Wanting forward
With the restoration accomplished, Griffin AI is returning to its focus: constructing one of the best AI brokers for DeFi and crypto finance. The corporate continues to scale:
TEA Turbo — the primary conversational Transaction Execution Agent for DeFi deployed on
No-Code Agent Builder — the #1 AI agent builder for DeFi, powering 15,000+ stay brokers with real-time knowledge, multi-agent workflows, and full on-chain deployment throughout main chains and wallets.
About Griffin AI
Griffin AI is the main no-code AI agent builder for decentralized finance, enabling anybody to create, deploy, and scale autonomous crypto-native brokers. Its flagship TEA Turbo executes swaps, yields, and cross-chain operations by pure language, whereas the Agent Builder lets creators launch brokers in minutes—no coding required.Based by Oliver Feldmeier, who beforehand based and took one in all Europe’s first regulated digital-asset exchanges public on NASDAQ, Griffin AI combines confirmed fintech management with deep AI engineering to make DeFi easy, clever, and accessible for all.
Media Contact[email protected]X (Twitter): @Griffin_AI • Web site: griffinai.io
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About The Creator
Gregory, a digital nomad hailing from Poland, shouldn’t be solely a monetary analyst but additionally a invaluable contributor to numerous on-line magazines. With a wealth of expertise within the monetary {industry}, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is presently devoted to writing a e book about cryptocurrency and blockchain.
Extra articles
Gregory, a digital nomad hailing from Poland, shouldn’t be solely a monetary analyst but additionally a invaluable contributor to numerous on-line magazines. With a wealth of expertise within the monetary {industry}, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is presently devoted to writing a e book about cryptocurrency and blockchain.
