Avantis Launches AVNT Token Buyback and Burn Using 30% of Daily Trading Revenue

According to Avantis’ official statement, the buyback and burn mechanism is live, with margin fees directed to LPs, liquidation fees to the treasury, and a higher buyback ratio targeted by the end of Q2.

Summary

According to Avantis’ official announcement, the project has launched a systematic buyback and burn program for its AVNT token using 30% of daily trading revenue. The company said the mechanism is already active, while margin fees will be distributed to LPs and liquidation fees will be sent to the protocol treasury. Avantis also stated it plans to increase the buyback ratio to above 50% by the end of Q2.

Terms & Concepts
  • Token buyback and burn: A mechanism where a project repurchases its token and permanently removes part of the supply from circulation.
  • LPs: Liquidity providers, or users who supply assets to a protocol or market and typically earn fees in return.
  • Protocol treasury: A pool of funds controlled by a blockchain-based project to support operations, incentives, or strategic spending.