|

Griffin AI Completes $GAIN Token Swap with Financial Contribution from Binance and Activates the $1 Million Tranche of Buy-Back Fund

his week, Griffin AI successfully completed of the $GAIN token swap on Binance Alpha. Following completion of the swap for eligible users, Binance Alpha re-opened trading for $GAIN on 13 October 2025 (12:00 UTC). This is the final milestone of the token swap and trading reopening process. It was successfully conducted on all exchanges involved in initial token launch. This move marks the opening a new growth chapter for the project and its community.
Under the mutual agreement, Binance Alpha and Griffin AI jointly ensured a 1:1 token swap for eligible Binance users who purchased $GAIN before the trading suspension (subject to Binance verification). Binance funded 50% of the replacement tokens from its own treasury, while Griffin AI funded the remaining 50%. This shared-responsibility model achieved two goals: on one side, it protected Binance users giving them 1:1 new token swap; on the other side it created the mechanism to mitigate the impact of the increased circulating supply by joint funding of the buy-back covering entire 180m GAIN allocated to Binance users. 

For long term success of GriffinAI project, limitation of the token supply and healthy tokenomics is of significant importance. Getting the financial contribution from Binance side as a part of the token swap resolution marks industry-first, landmark deal that no founder or project had achieved before.
In addition, Griffin AI has activated the first $1,000,000 tranche of its previously announced $2,500,000 Recovery & Buy-Back Fund. The program is designed to remove the extra circulating supply created by the attacker’s unauthorized mint via a compromised BNB bridge on 25 September, and to support orderly market conditions during the post-swap phase. The repurchased tokens will be sent to a burn address monthly with on-chain transparency and a public track record.
Restoring token integrity and supply realignment
As part of the recovery, Griffin AI also completed a supply realignment to ensure that users could be restored without increasing maximum supply.
Current circulating supply post token swap: approximately 450 million GAIN, 
This is ca. +210 million more in comparison to the original tokenomics plan.
Maximum supply remains unchanged at 1,000,000,000 GAIN.
Sources for swap & liquidity (reallocation, not inflation):
100 million GAIN was taken from the team fund: the team allocation was  reduced by 100 million GAIN from total of 150 million GAIN to 50 million.
20 million was added from the Investor allocation, which was reduced down to 205 million.
Node Ops & Staking fund of 90 million GAIN retired; the program has been redesigned and will be covered in the future from the Ecosystem allocation.
Tokens used to complete the user swap and to re-establish official liquidity for the new GAIN were sourced from these internal reallocations—not by increasing maximum supply, which remained at 1 billion GAIN. On 13 October, the project’s official PancakeSwap liquidity was re-established and funded with $1,000,000 (split $500,000 in new GAIN and $500,000 in USDT).
Why $2.5M and how the buy-back works
The buy-back fund size mirrors the gross proceeds the attacker extracted from selling counterfeit tokens to the community – estimated at $3,000,000. From this, Griffin AI had already absorbed $500,0000 by intercepting fake tokens via its official liquidity pool on PancakeSwap during the incident. The remaining $2,500,000 will finance open-market buy-backs that will reduce the circulating supply toward its intended trajectory. This is the way how GriffinAI takes on itself the full impact of the financial loss the hacker put on users buying fake tokens from him.
Recovery mechanics in two steps:
Protect users: complete a 1:1 swap for eligible Binance users (excluding suspicious addresses), resulting initially in higher circulating supply.
Repair supply: conduct buy-backs (first $1M now; the remaining $1.5M deployed tactically over ~12 months); burn monthly to normalize circulating supply and support orderly price discovery.
The meaning of this deal
The relaunch of $GAIN marks a defining moment not only for Griffin AI, but for the broader DeFi ecosystem and crypto community. It sets a new precedent for how founders, exchanges, and communities can unite after an exploit and emerge stronger by working together.
Oliver Feldmeier, Founder & CEO of Griffin AI, said:
“At the start, the situation looked precarious. In incidents like this, projects are often left with two bad options: a blanket 1:1 swap that floods the market with excess supply, or delisting—which hurts users and destroys trust.
We managed to negotiate with Binance a third way. By agreeing to share the burden 50–50, we restored all eligible Binance users 1:1 while at the same time retaining the power to preserve $GAIN’s healthy token economics.

What makes this resolution truly remarkable is that Binance used its own treasury funds to help cover users—something virtually unheard of. It’s a landmark deal and a strong vote of confidence in Griffin AI and our community. We’re grateful for Binance’s professionalism and partnership.”
Official liquidity and market guidance
On 13 October, the project’s official liquidity on PancakeSwap was re-established and funded with $1,000,000 (split $500,000 in new $GAIN and $500,000 in USDT). Official pool (via CoinMarketCap DEX view):
https://dex.coinmarketcap.com/token/bsc/0xa890F8BA60051ec8a5B528F056DA362Ba208a96F/
New $GAIN contract on BNB Chain (BSC):
https://bscscan.com/token/0xa890f8ba60051ec8a5b528f056da362ba208a96f
Exchanges that have completed the token swap and are recognized by the project: HTX, MEXC, KuCoin, Gate, WEEX, Binance Alpha.
Caution: Always verify that an exchange has officially completed the token swap before trading.
Aggregator status: As of the date of this publication, some third-party aggregators are still updating $GAIN pages to reflect the new contract, token supply numbers and venues. For example, CoinGecko may not yet show all exchanges trading the new token, and CoinMarketCap may list both legitimate new-contract markets and legacy/third-party pools, while the total circulating supply has not been update as of the date of the publication of this press release. For reference please rely on the official contract address and the trading venues listed above.
Looking ahead
With the recovery completed, Griffin AI is returning to its focus: building the best AI agents for DeFi and crypto finance. The company continues to scale:
TEA Turbo — the first conversational Transaction Execution Agent for DeFi deployed on
No-Code Agent Builder — the #1 AI agent builder for DeFi, powering 15,000+ live agents with real-time data, multi-agent workflows, and full on-chain deployment across major chains and wallets.
About Griffin AI
Griffin AI is the leading no-code AI agent builder for decentralized finance, enabling anyone to create, deploy, and scale autonomous crypto-native agents. Its flagship TEA Turbo executes swaps, yields, and cross-chain operations through natural language, while the Agent Builder lets creators launch agents in minutes—no coding required.
Founded by Oliver Feldmeier, who previously founded and took one of Europe’s first regulated digital-asset exchanges public on NASDAQ, Griffin AI combines proven fintech leadership with deep AI engineering to make DeFi simple, intelligent, and accessible for all.
Media Contact
press@griffinai.io
X (Twitter): @Griffin_AI • Website: griffinai.io
his week, Griffin AI successfully completed of the $GAIN token swap on Binance Alpha. Following completion of the swap for eligible users, Binance Alpha re-opened trading for $GAIN on 13 October 2025 (12:00 UTC). This is the final milestone of the token swap and trading reopening process. It was successfully conducted on all exchanges involved in initial token launch. This move marks the opening a new growth chapter for the project and its community.
Under the mutual agreement, Binance Alpha and Griffin AI jointly ensured a 1:1 token swap for eligible Binance users who purchased $GAIN before the trading suspension (subject to Binance verification). Binance funded 50% of the replacement tokens from its own treasury, while Griffin AI funded the remaining 50%. This shared-responsibility model achieved two goals: on one side, it protected Binance users giving them 1:1 new token swap; on the other side it created the mechanism to mitigate the impact of the increased circulating supply by joint funding of the buy-back covering entire 180m GAIN allocated to Binance users. 

For long term success of GriffinAI project, limitation of the token supply and healthy tokenomics is of significant importance. Getting the financial contribution from Binance side as a part of the token swap resolution marks industry-first, landmark deal that no founder or project had achieved before.
In addition, Griffin AI has activated the first $1,000,000 tranche of its previously announced $2,500,000 Recovery & Buy-Back Fund. The program is designed to remove the extra circulating supply created by the attacker’s unauthorized mint via a compromised BNB bridge on 25 September, and to support orderly market conditions during the post-swap phase. The repurchased tokens will be sent to a burn address monthly with on-chain transparency and a public track record.
Restoring token integrity and supply realignment
As part of the recovery, Griffin AI also completed a supply realignment to ensure that users could be restored without increasing maximum supply.
Current circulating supply post token swap: approximately 450 million GAIN, 
This is ca. +210 million more in comparison to the original tokenomics plan.
Maximum supply remains unchanged at 1,000,000,000 GAIN.
Sources for swap & liquidity (reallocation, not inflation):
100 million GAIN was taken from the team fund: the team allocation was  reduced by 100 million GAIN from total of 150 million GAIN to 50 million.
20 million was added from the Investor allocation, which was reduced down to 205 million.
Node Ops & Staking fund of 90 million GAIN retired; the program has been redesigned and will be covered in the future from the Ecosystem allocation.
Tokens used to complete the user swap and to re-establish official liquidity for the new GAIN were sourced from these internal reallocations—not by increasing maximum supply, which remained at 1 billion GAIN. On 13 October, the project’s official PancakeSwap liquidity was re-established and funded with $1,000,000 (split $500,000 in new GAIN and $500,000 in USDT).
Why $2.5M and how the buy-back works
The buy-back fund size mirrors the gross proceeds the attacker extracted from selling counterfeit tokens to the community – estimated at $3,000,000. From this, Griffin AI had already absorbed $500,0000 by intercepting fake tokens via its official liquidity pool on PancakeSwap during the incident. The remaining $2,500,000 will finance open-market buy-backs that will reduce the circulating supply toward its intended trajectory. This is the way how GriffinAI takes on itself the full impact of the financial loss the hacker put on users buying fake tokens from him.
Recovery mechanics in two steps:
Protect users: complete a 1:1 swap for eligible Binance users (excluding suspicious addresses), resulting initially in higher circulating supply.
Repair supply: conduct buy-backs (first $1M now; the remaining $1.5M deployed tactically over ~12 months); burn monthly to normalize circulating supply and support orderly price discovery.
The meaning of this deal
The relaunch of $GAIN marks a defining moment not only for Griffin AI, but for the broader DeFi ecosystem and crypto community. It sets a new precedent for how founders, exchanges, and communities can unite after an exploit and emerge stronger by working together.
Oliver Feldmeier, Founder & CEO of Griffin AI, said:
“At the start, the situation looked precarious. In incidents like this, projects are often left with two bad options: a blanket 1:1 swap that floods the market with excess supply, or delisting—which hurts users and destroys trust.
We managed to negotiate with Binance a third way. By agreeing to share the burden 50–50, we restored all eligible Binance users 1:1 while at the same time retaining the power to preserve $GAIN’s healthy token economics.

What makes this resolution truly remarkable is that Binance used its own treasury funds to help cover users—something virtually unheard of. It’s a landmark deal and a strong vote of confidence in Griffin AI and our community. We’re grateful for Binance’s professionalism and partnership.”
Official liquidity and market guidance
On 13 October, the project’s official liquidity on PancakeSwap was re-established and funded with $1,000,000 (split $500,000 in new $GAIN and $500,000 in USDT). Official pool (via CoinMarketCap DEX view):
https://dex.coinmarketcap.com/token/bsc/0xa890F8BA60051ec8a5B528F056DA362Ba208a96F/
New $GAIN contract on BNB Chain (BSC):
https://bscscan.com/token/0xa890f8ba60051ec8a5b528f056da362ba208a96f
Exchanges that have completed the token swap and are recognized by the project: HTX, MEXC, KuCoin, Gate, WEEX, Binance Alpha.
Caution: Always verify that an exchange has officially completed the token swap before trading.
Aggregator status: As of the date of this publication, some third-party aggregators are still updating $GAIN pages to reflect the new contract, token supply numbers and venues. For example, CoinGecko may not yet show all exchanges trading the new token, and CoinMarketCap may list both legitimate new-contract markets and legacy/third-party pools, while the total circulating supply has not been update as of the date of the publication of this press release. For reference please rely on the official contract address and the trading venues listed above.
Looking ahead
With the recovery completed, Griffin AI is returning to its focus: building the best AI agents for DeFi and crypto finance. The company continues to scale:
TEA Turbo — the first conversational Transaction Execution Agent for DeFi deployed on
No-Code Agent Builder — the #1 AI agent builder for DeFi, powering 15,000+ live agents with real-time data, multi-agent workflows, and full on-chain deployment across major chains and wallets.
About Griffin AI
Griffin AI is the leading no-code AI agent builder for decentralized finance, enabling anyone to create, deploy, and scale autonomous crypto-native agents. Its flagship TEA Turbo executes swaps, yields, and cross-chain operations through natural language, while the Agent Builder lets creators launch agents in minutes—no coding required.
Founded by Oliver Feldmeier, who previously founded and took one of Europe’s first regulated digital-asset exchanges public on NASDAQ, Griffin AI combines proven fintech leadership with deep AI engineering to make DeFi simple, intelligent, and accessible for all.
Media Contact
press@griffinai.io
X (Twitter): @Griffin_AI • Website: griffinai.io

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). This is the last milestone of the token swap and buying and selling reopening course of. It was efficiently performed on all exchanges concerned in preliminary token launch. This transfer marks the opening a brand new progress chapter for the venture and its neighborhood.

Under 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 objectives: on one aspect, it protected Binance customers giving them 1:1 new token swap; on the different aspect it created the mechanism to mitigate the affect of the elevated circulating provide by joint funding of the buy-back overlaying complete 180m GAIN allotted to Binance customers.

For long run success of GriffinAI venture, limitation of the token provide and wholesome tokenomics is of vital significance. Getting the monetary contribution from Binance aspect as an element of the token swap decision marks industry-first, landmark deal that no founder or venture had achieved earlier than.

In addition, Griffin AI has activated the first $1,000,000 tranche of its beforehand introduced $2,500,000 Recovery & Buy-Back Fund. The program is designed to take away the additional circulating provide created by the attacker’s unauthorized mint through a compromised BNB bridge on 25 September, and to assist orderly market circumstances throughout the post-swap section. The repurchased tokens can be despatched to a burn handle month-to-month with on-chain transparency and a public monitor report.

Restoring token integrity and provide realignment

As half of the restoration, Griffin AI additionally accomplished a provide realignment to make sure that customers might be restored with out rising most provide.

  • Current circulating provide publish token swap: roughly 450 million GAIN, 
  • This is ca. +210 million extra compared to the authentic tokenomics plan.
  • Maximum provide stays unchanged at 1,000,000,000 GAIN.
  • Sources for swap & liquidity (reallocation, not inflation):
  • 100 million GAIN was taken from the crew fund: the crew allocation was  decreased by 100 million GAIN from complete of 150 million GAIN to 50 million.
  • 20 million was added from the Investor allocation, which was decreased right down to 205 million.
  • Node Ops & Staking fund of 90 million GAIN retired; the program has been redesigned and can be lined in the future from the Ecosystem allocation.

Tokens used to finish the consumer swap and to re-establish official liquidity for the new GAIN have been sourced from these inside reallocations—not by rising most provide, which remained at 1 billion GAIN. On 13 October, the venture’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 how the buy-back works

The buy-back fund measurement mirrors the gross proceeds the attacker extracted from promoting counterfeit tokens to the neighborhood – estimated at $3,000,000. From this, Griffin AI had already absorbed $500,0000 by intercepting faux tokens through its official liquidity pool on PancakeSwap throughout the incident. The remaining $2,500,000 will finance open-market buy-backs that can cut back the circulating provide towards its supposed trajectory. This is the means how GriffinAI takes on itself the full affect of the monetary loss the hacker placed on customers shopping for faux tokens from him.

Recovery mechanics in two steps:

  • Protect customers: full a 1:1 swap for eligible Binance customers (excluding suspicious addresses), ensuing initially in increased circulating provide.
  • Repair 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 assist orderly value discovery.

The which 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 neighborhood. 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, stated:
“At the begin, the scenario appeared precarious. In incidents like this, tasks are sometimes left with two dangerous 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 at the similar time retaining the energy to protect $GAIN’s wholesome token economics.

What makes this decision actually outstanding is that Binance used its personal treasury funds to assist cowl customers—one thing just about unheard of. It’s a landmark deal and a powerful vote of confidence in Griffin AI and our neighborhood. We’re grateful for Binance’s professionalism and partnership.”

Official liquidity and market steering

  • On 13 October, the venture’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 (through 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 venture: HTX, MEXC, KuCoin, Gate, WEEX, Binance Alpha.
    Caution: Always 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 new contract, token provide numbers and venues. For instance, CoinGecko could not but present all exchanges buying and selling the new token, and CoinMarketCap could checklist each reliable new-contract markets and legacy/third-party swimming pools, whereas the complete 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.

Looking forward

With the restoration accomplished, Griffin AI is returning to its focus: constructing the finest AI brokers for DeFi and crypto finance. The firm continues to scale:

  • TEA Turbo — the first conversational Transaction Execution Agent for DeFi deployed on
  • No-Code Agent Builder — the #1 AI agent builder for DeFi, powering 15,000+ reside 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 way of pure language, whereas the Agent Builder lets creators launch brokers in minutes—no coding required.
Founded by Oliver Feldmeier, who beforehand based and took one of 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
press@griffinai.io
X (Twitter): @Griffin_AI • Website: griffinai.io

The publish Griffin AI Completes $GAIN Token Swap with Financial Contribution from Binance and Activates the $1 Million Tranche of Buy-Back Fund appeared first on Metaverse Post.

Similar Posts