1,000,000 TRVL has been exclusively allocated to the Bybit Launchpool for AVA (ERC20) holders
The synergies between the AVA token and TRVL token continue to increasingly benefit AVA holders, with the announcement of an exclusive TRVL prize pool set aside for AVA (ERC20) staking in the Bybit Launchpool.
The prize pool includes a 1,000,000 TRVL allocation to the AVA pool. A further 4,000,000 TRVL has also been allocated to the BIT pool for those staking the native token of the Bybit platform.
Staking for both the AVA (ERC20) pool and BIT pool will run from 8:00AM UTC on Nov. 21, 2021 to 7:59AM UTC on Nov. 28, 2021. To participate, AVA holders can stake as little as 50 AVA up to a maximum of 30,000 AVA. By staking both AVA and BIT in the respective pools, traders can receive a greater share of the TRVL prize pool.
The AVA pool on the Bybit Launchpool is yet another statement in a growing list of initiatives to reward AVA holders and provide rewarding use cases while establishing the AVA token as a key tool for bridging the mainstream travel industry with the flourishing crypto industry.
For more information on the AVA pool and the prize pool calculations, please see the Bybit Launchpool Announcement.
AVA is a multi-chain token based on the Binance Chain (BEP-2), Binance Smart Chain (BEP-20) and Ethereum blockchain (ERC-20). Founded in 2017 as a travel utility token, AVA enables travellers from around the globe to book various travel products and provides several incentives that encourage the use of the Travala.com platform, including discounts and loyalty rewards.
Bybit is a cryptocurrency exchange established in March 2018 to offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multi-lingual community support. The company provides innovative online trading services and cloud mining products, as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class.
For more information please visit: https://www.bybit.com/.