Singapore, Singapore, 23rd September 2026, Chainwire
Singapore, Singapore, September 23rd, 2026, Chainwire
Extra journey bookings → extra member givebacks → extra open-market AVA buybacks → extra AVA completely locked. A brand new matching construction doubles month-to-month open-market buyback quantity, constructing a reserve Travala has dedicated by no means to promote or switch.
Travala, the main crypto-native journey reserving platform, and the AVA Basis at the moment introduced a brand new matching buyback construction for the AVA token. The initiative introduces a brand new Travala-funded buyback working independently and along with the AVA Basis’s current rewards-replenishment buyback, doubling month-to-month open-market buyback quantity. The matched AVA shall be transferred to a Strategic Reserve that Travala has dedicated by no means to promote or switch.
Every month, the AVA Basis replenishes the prior month’s AVA givebacks by repurchasing the precise amount of AVA distributed to AVA Sensible Program members on the open market, token for token, and transferring these tokens again into the Ecosystem Incentives Pockets, a longtime pillar of the AVA rewards mannequin. To this point, a complete of 4,824,722 AVA has been repurchased via historic buybacks to replenish AVA rewards distributed to AVA Sensible members.
Beginning now, Travala will independently match that very same quantity each month, shopping for again an equal amount of AVA on the open market and transferring it to the brand new Travala AVA Strategic Reserve Pockets, secured via multi-signature custody. Travala has dedicated that AVA held within the Reserve won’t ever be bought or transferred out. Each buybacks are individually verifiable on-chain.
Collectively, the 2 mechanisms double month-to-month open-market buyback quantity to 2x the amount of AVA Sensible member givebacks, up from 1x beforehand. Whereas the Basis’s buyback replenishes the rewards pool, Travala’s matching buyback completely removes the matched quantity from circulating provide beneath Travala’s dedication by no means to promote or switch the tokens.
The inaugural Travala Month-to-month AVA Buyback has already been accomplished. Following the AVA Basis’s September buyback of 369,881.04 AVA for August AVA Sensible member givebacks, Travala independently matched the quantity with a further 369,881.04 AVA open-market buyback. Collectively, the 2 buybacks resulted in 739,762.08 AVA being repurchased from the open market, with Travala’s 369,881.04 AVA allocation transferred to the brand new AVA Strategic Reserve Pockets, the place it is going to stay completely exterior circulating provide beneath Travala’s dedication by no means to promote or switch the tokens. The Reserve is publicly verifiable on-chain at 0x7bed1889c21d9eb3560463c14cd74fe29f2d03b6.
“AVA is on the heart of every thing we’re constructing at Travala,” mentioned Juan Otero, CEO of Travala. “It’s how our neighborhood is rewarded and the way they interact with the platform each day. This matching buyback displays simply how integral AVA is to our ecosystem, and we’re proud to make that dedication everlasting and totally verifiable for the neighborhood that’s constructed this with us.”
The mechanism scales instantly with platform exercise: greater AVA Sensible member givebacks end in bigger AVA Basis buybacks and, via Travala’s matching construction, bigger Travala open-market buybacks and extra AVA being completely locked within the Strategic Reserve.
As a result of AVA transferred into the AVA Strategic Reserve Pockets is completely locked beneath Travala’s dedication by no means to promote or switch the tokens, every month-to-month allocation is faraway from circulating provide and excluded from AVA’s official circulating provide through the AVA circulating provide API. Travala may even submit the Reserve pockets deal with to CoinMarketCap and CoinGecko for remedy as non-circulating beneath their respective methodologies.
Each switch throughout each wallets is verifiable on-chain, and Travala and the AVA Basis will report each buyback figures publicly every month going ahead. Every month-to-month Travala buyback shall be executed after the AVA Basis’s giveback determine for the prior month has been revealed.
This announcement follows AVA’s current itemizing on Bithumb’s KRW market, increasing direct entry for Korean merchants and including a brand new venue alongside AVA’s current alternate footprint.
Travala was additionally just lately named by Amazon Net Companies as a buyer case examine for the overall availability launch of its Bedrock AgentCore funds platform, with CEO Juan Otero quoted on how the mixing streamlines agentic, conversational reserving throughout Travala’s stock of greater than 2.2 million inns globally.
About Travala
Based in 2017 and now backed by trade big Binance, Travala is the main crypto-native journey reserving service, providing 2,200,000+ properties throughout 230 international locations, 600+ airways, 50,000+ automobile rental places, and 400,000+ actions globally. Travala is a champion of cryptocurrency adoption, accepting over 100 main cryptocurrencies alongside conventional fee strategies. Along with unbeatable costs through its Finest Worth Assure, Sensible members on Travala can even get pleasure from extra reductions and loyalty rewards for eligible bookings made on the platform. For extra details about Travala, go to: www.travala.com.
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 offers journey perks and different advantages to Travala clients, corresponding to AVA fee reductions, AVA loyalty rewards, gated entry advantages, and extra. AVA tokenises the idea of loyalty reward applications utilizing blockchain know-how, bringing web3 to conventional loyalty fashions. For extra info, go to: www.avafoundation.org
Contact
Chief Advertising Officer
Sam Woollard
Travala
[email protected]
Chainwire Chainwire Read More
