PANews, October 22: The blockchain travel platform Travala has announced the launch of the AVA Buyback Multiplier mechanism, which dynamically adjusts the platform’s matching buyback multiplier based on the AVA reward refunds received by AVA Smart members each month. When monthly member reward refunds reach $100,000, $150,000, $200,000, and $250,000, Travala’s matching buyback multiplier will increase to 1.5x, 2x, 2.5x, and 3x respectively, resulting in a combined total buyback volume from the foundation and Travala of up to 4x the member rewards. If member rewards fall below $100,000, Travala’s matching buyback multiplier remains at 1x.
Travala Launches AVA Buyback Multiplier Based on Member Rewards
PANewsShare
Travala has introduced the AVA Buyback Multiplier, a new mechanism linked to AVA Smart member rewards. Monthly rewards determine the buyback rate, with multipliers of 1.5x, 2x, 2.5x, and 3x at thresholds of $100k, $150k, $200k, and $250k, respectively. The total buyback size can reach up to four times the amount of member rewards. This update delivers fresh on-chain news for AVA holders, highlighting the platform’s expanding incentive structure.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.