Travala doubles AVA buybacks and permanently locks matched tokens in strategic reserve

  • Travala launched a matching AVA buyback alongside the AVA Foundation’s existing purchases.
  • 739,762 AVA was absorbed from the market based on August member rewards.
  • Travala permanently froze its 369,881 AVA allocation in a strategic reserve wallet.

Travala and the AVA Foundation have established a matching buyback structure for the self-issued AVA token, doubling monthly open-market purchases from the amount distributed through AVA Smart member rewards to twice that amount. The AVA Foundation will continue buying the exact number of tokens distributed as member rewards to replenish the rewards pool. Travala will use its own funds to purchase an equal amount and transfer the tokens to a Strategic Reserve where they will be permanently frozen and excluded from circulating supply. Based on August rewards, 739,762 AVA was absorbed from the market, including 369,881 AVA allocated by Travala to permanently non-circulating supply. The companies said purchases and wallet transfers will remain verifiable on-chain, with monthly figures reported after the Foundation publishes the previous month’s giveback amount. The announcement follows AVA’s listing on Bithumb’s KRW market and Travala’s inclusion in an Amazon Web Services customer case study for the general availability launch of its Bedrock AgentCore payments platform.

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