Singapore, Singapore, 1st October 2026, Chainwire
Singapore, Singapore, October 1st, 2026, Chainwire
With round 16% of AVA’s circulating provide already locked, the AVA Sensible Program introduces new lock ranges as a part of a wider overhaul of AVA’s tokenomics.
The AVA Foundation and Travala at the moment introduced new commonplace lock ranges for the AVA Sensible Program, alongside a long-term objective of 30% of AVA’s circulating provide locked.
The AVA Sensible Program—Travala’s crypto loyalty program—has greater than 170,000 members, up 110% yr on yr as of August. Roughly 12.1 million AVA is now locked throughout this system and AVA+ Rewards, representing round 16% of the token’s circulating provide.
Travala, a crypto-native journey platform, has greater than 1.87 million month-to-month lively customers and generated over $113 million in gross income in 2025. It sees greater than 17,000 room nights, flights, automotive leases, and actions booked each month.
From no sooner than 1 November 2026, new Sensible memberships would require double the present AVA lock for each tier. Present members preserve their present necessities whereas their membership stays lively, and may select to maneuver to the brand new ranges after implementation to extend the AVA eligible for the AVA Sensible Bonus. AVA Sensible Bonus quantities stay 15% per yr for Metal to Platinum and 20% for Diamond, topic to this system guidelines.
If present members transfer to the brand new ranges, locked AVA would attain roughly 20 million, round 27% of circulating provide. Continued progress in AVA+ Rewards adoption would take that towards the long-term objective of 30%.
Steve Hipwell, AVA Basis Lead Contributor, mentioned: “Having 16% of AVA’s circulating provide locked inside a journey loyalty program demonstrates real real-world utility. The brand new lock ranges reward our present members for being early, and provides the entire group a transparent long-term objective of 30% of circulating provide locked.”
Juan Otero, Travala CEO, mentioned: “Greater than 170,000 travellers are actually a part of the AVA Sensible Program, and people who lock AVA get extra from each journey they ebook with us. This replace rewards everybody who has already made that dedication and offers our most loyal members the choice to go additional.”
The replace follows final week’s launch of the AVA Permanent Strategic Reserve, underneath which Travala matches the AVA Basis’s month-to-month open-market buybacks, doubling buyback quantity. Travala’s matched tokens are held in a multisig reserve it has dedicated by no means to promote or switch. In September, the 2 buybacks collectively repurchased 739,762 AVA, and greater than 4.eight million AVA has been repurchased by way of the Basis’s program up to now.
See this article for full particulars, together with tier necessities, grandfathering guidelines, and FAQs.
About AVA Basis
The AVA Foundation oversees the AVA token ecosystem, together with the AVA Sensible Program, AVA token and Journey Tiger NFTs. The AVA token capabilities as the important thing to accessing the AVA Sensible Program, which gives journey perks and different advantages to Travala clients, corresponding to AVA cost reductions, AVA loyalty rewards and different advantages. AVA tokenises the idea of loyalty reward packages utilizing blockchain expertise, bringing web3 to conventional loyalty fashions. For extra info, customers can go to www.avafoundation.org.
About Travala
Based in 2017 and now backed by business big Binance, Travala is the main crypto-native journey reserving service, providing 2,200,000+ properties throughout 230 international locations, 600+ airways, 50,000+ automotive rental areas and 400,000+ actions globally. Travala is a champion of cryptocurrency adoption, accepting over 100 main cryptocurrencies alongside conventional cost strategies. For extra info, customers can go to www.travala.com.
Vital Data
This announcement describes deliberate modifications to the AVA Sensible Program, which can be adjusted. It isn’t monetary or funding recommendation, and never a suggestion, solicitation or inducement to amass, maintain or lock AVA. AVA Sensible Bonus quantities are topic to this system guidelines and should change; nothing right here ensures any token worth or return. Locked AVA stays the member’s property and isn’t a deposit, funding product or interest-bearing account. Not directed at individuals in the UK, the United Arab Emirates or any jurisdiction the place distribution can be illegal.
Contact
Chief Advertising Officer
Sam Woollard
Travala
[email protected]
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