Gravitoken is a gravity-free rebasing, autonomous, community token with an automatic liquidity pool algorithm and automated token buyback with a burn. The supply is mathematically guaranteed to increase in price until it reaches a ceiling of 1,337,000 USD per token. GRV makes use of an elastic supply mechanism to dynamically adjust supply to meet an increasing price peg. Providing the token pre-sale supply sells out the peg begins at $0.0000000007 and increases by g = 9.81% every 8 hours until it reaches the ceiling. The network collects a per transaction tax of 9.81% and splits this tax between liquidity provision, token buyback with burning, and a marketing provision.

An elastic supply (or rebase) token works in a way that the circulating supply expands or contracts due to changes in token price. This increase or decrease in supply works with a mechanism called re-basing. When a rebase occurs, the supply of the token is increased or decreased algorithmically, based on the current price of each token.