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Travala Launches Permanent AVA Strategic Reserve, Doubles Monthly Open-Market Buybacks

Travala Launches Permanent AVA Strategic Reserve, Doubles Monthly Open-Market Buybacks

Published 1 day, 23 hours ago
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This story was originally published on HackerNoon at: https://hackernoon.com/travala-launches-permanent-ava-strategic-reserve-doubles-monthly-open-market-buybacks.
More travel bookings → more member givebacks → more open-market AVA buybacks → more AVA permanently locked. A new matching structure doubles monthly open-market
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This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com.

Travala and the AVA Foundation have introduced a new matching buyback structure for the AVA token, doubling monthly open-market buyback volume and permanently locking matched AVA in a Strategic Reserve. The mechanism scales directly with platform activity, with higher AVA Smart member givebacks resulting in larger buybacks and additional AVA being permanently locked in the Reserve.

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