Travala launches permanent AVA reserve and doubles monthly buybacks
Travala AVA reserve boosts token support with permanent matched buybacks See how the new policy keeps AVA out of circulation without a burn
Travala has introduced a permanent strategic reserve for its AVA token and said it will match the AVA Foundation’s monthly openmarket buybacks.
In the first round, the AVA Foundation bought 369,881.04 AVA, and Travala matched that amount with an additional purchase of the same size. Together, the two buys totaled 739,762.08 AVA.
Travala said the reserve tokens will be held permanently and will not be sold or transferred. The company also noted that this is a policy commitment rather than a token burn, meaning the AVA supply onchain is unchanged, although the tokens are kept out of circulation under Travala’s stated reserve rules.