Travala.com Completes 3rd Quarterly AVA Token Burn

 

Travala.com burns 14,244 AVA, equivalent to $5,494 USD worth of tokens.

 

 

As per Travala.com’s whitepaper, the AVA Repurchasing Plan will take place every quarter until 21,571,086‬ AVA are permanently destroyed. This represents 35% of the total starting supply of 61,571,086 AVA, reducing the overall total supply to just 40,000,000 AVA. 

 

The amount of AVA to be repurchased and burned each quarter is determined by Travala.com’s booking activity, therefore it’s expected that as our booking volumes continue to grow so will the value of AVA tokens repurchased and burned on a quarterly basis.

 

Travala.com has now completed its third burn of 14,244 AVA reducing the starting total supply from 61,571,086 to 61,228,716 AVA as can be seen here https://explorer.binance.org/asset/AVA-645

 

Aiming to offer full transparency around the Repurchasing and Burning Plan, below is a summary of the different transactions executed;

 

Repurchasing address:

https://explorer.binance.org/address/bnb18wdqzxyhan6rpwuwjcl2yxqud86ggp8k2ppqcs

 

 

Repurchasing transactions:

https://explorer.binance.org/txs?address=bnb18wdqzxyhan6rpwuwjcl2yxqud86ggp8k2ppqcs

 

 

Transaction to burn address:

https://explorer.binance.org/tx/D463079AB3CE3B0591449AF7D9AC6F6003348B8B6332B760248B0E0CBD6AE828

 

 

Burn-address:

https://explorer.binance.org/address/bnb1dm9c7gccgd07td5r69m50u8fg8danfgqvlhj6c

 

 

Burn transaction:

https://explorer.binance.org/tx/7E49AAF1F443432E8C90947460074599762FCAD071F5BDEB294E88C6BE1D1689

 

 


 

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