Woofun AI reports that GRVT, a decentralized exchange utilizing zero-knowledge technology, has scheduled the launch of its native GRVT token for July. The protocol indicated that the precise launch date will be confirmed at a later stage.

The token is anticipated to facilitate governance, fee discounts, and staking rewards within the ecosystem. This release marks a transition from a trading venue to a fully tokenized protocol. Specific tokenomics, distribution mechanisms, and vesting schedules remain undisclosed.