As detailed in the first announcement, the AVA token will soon migrate to a new Ethereum (ERC-20) contract. The new ERC-20 AVA token will be issued on a 1:1 basis for all existing versions of the AVA token, including BEP-2, BEP-20, and the existing ERC-20 version.

The token swap will commence on Monday 28 August 2023 at 03:00 AM UTC, with swap options supported for a 15-month period across centralised exchanges, the Travala.com platform, and third-party on-chain platforms.

Following the 15-month period, swap options on centralised exchanges, Travala.com, and third-party on-chain platforms will no longer be supported. Token holders that do not swap their tokens in this time period will need to contact the AVA Foundation directly to swap their AVA tokens to the new ERC-20 version.

Note: for the purpose of differentiating the AVA token before and after the upgrade, the pre-upgrade AVA token will be referred to as “AVA 1.0” and the post-upgrade AVA token as “AVA 2.0” in this article. However, the token name and ticker will be “AVA” following the token swap.

Legacy & New AVA Contract Addresses

AVA 1.0 tokens on any of the three legacy contract addresses on the BEP-2, BEP-20 and ERC-20 protocols will need to be swapped to the new ERC-20 version of the AVA 2.0 token.

This section details the legacy contract addresses and the new contract address that will take effect once the swap takes place:

Legacy Contract Addresses

Legacy BEP-2 AVA 1.0: LINK

Legacy ERC-20 AVA 1.0 Contract Address: 

0x442b153f6f61c0c99a33aa4170dcb31e1abda1d0

Legacy BEP-20 AVA 1.0 Contract Address:
https://bscscan.com/token/0x13616f44ba82d63c8c0dc3ff843d36a8ec1c05a9

New Contract Address

New ERC-20 AVA 2.0 Contract Address: 

0xa6C0c097741D55ECd9a3A7DeF3A8253fD022ceB9

New Contract Audit Link

PeckShield

Platforms Supporting the Swap

The following platforms have publicly announced their support for the AVA token swap. This list will be updated as platforms announce their support.

IMPORTANT: If, at the token swap date, your AVA 1.0 tokens are stored on a custodial wallet, non-custodial wallet or centralised exchange that is NOT on the following list, it is at your own risk and the recoverability of your funds cannot be guaranteed. Support for AVA 1.0 tokens on third-party platforms following the upgrade and your ability to withdraw your AVA 1.0 tokens is at the discretion of each platform.

Centralised Exchanges

AVA 1.0 tokens stored on centralised exchanges supporting the swap at the time of the token swap will be automatically swapped to AVA 2.0 and no action will be required by token holders.

Centralised exchanges that have announced their support for the AVA token swap include:

• Binance
• Gate.io
• MEXC
• Bitrue
• KuCoin
• WazirX
• Bybit
• CoinDCX
• BYDFi

Travala.com

AVA 1.0 tokens stored in the platform wallet or in the Smart Program on Travala.com at the time of the token swap will be able to be swapped to AVA 2.0. AVA 1.0 tokens on the legacy BEP-2, BEP-20 or ERC-20 protocols can be sent to the platform wallet at any time within the 15-month period in order to swap these tokens to the new AVA 2.0 ERC-20 token. Read more.

DEXs, Cold Wallets & Self-custody Wallets

AVA 1.0 tokens stored in decentralised exchanges or platforms, cold wallets and self-custody wallets at the time of the token swap will require manual swapping to AVA 2.0 by token holders following the token swap date. 

Token holders can manually swap their AVA 1.0 tokens on the legacy BEP-2, BEP-20 or ERC-20 protocols for the AVA 2.0 ERC-20 token at the following third-party on-chain platforms:

• ChangeNOW (BEP-2, BEP-20 & ERC-20): ACCESS SWAP PORTAL HERE

Update Log

As platforms are added to the list, the list will be updated above with new links and logged in this section.

Added on 29 August 2023:

• Gate.io

Added on 12 September 2023:

• KuCoin
• WazirX

Added on 14 September 2023:

• Bybit

Added on 11 October 2023:

• CoinDCX
• BYDFi

A governance vote on the AVA 2.0 Proposal has passed, with the majority of the community signalling a new era for the AVA ecosystem. As part of this new era, a technical upgrade will be implemented by the AVA Foundation to swap all existing versions of the AVA token to a new AVA token on the Ethereum (ERC-20) protocol.

The AVA ecosystem has grown exponentially over the past few years. The AVA Foundation’s partnership with Travala.com has been a key driver of this growth, with Travala.com becoming firmly established as the leading web3 travel company and a main use case of the AVA token.

As the issuer of the AVA token, the AVA Foundation’s overarching mission is to create a decentralised, self-sufficient, and blockchain-based loyalty ecosystem with AVA at its core. By modernising the traditional loyalty points model and multiplying the utility of these ‘points’ within an expansive ecosystem via tokenisation, the AVA token can power a comprehensive web3 loyalty ecosystem to provide far-reaching utility.

To achieve this sustainably over the long term and at scale commensurate with the growth of the ecosystem, the AVA Foundation will expand the AVA token supply from the current 61 million to 100 million over 10 years, which will be included in the new AVA ERC-20 smart contract.

This article serves to detail the mechanics of the swap, the actions required by token holders, and both the legacy and new AVA contract addresses.

The swap date will be provided in the next announcement, along with more details on the platforms supporting the swap.

Note: for the purpose of differentiating the AVA token before and after the upgrade, the pre-upgrade AVA token will be referred to as “AVA 1.0” and the post-upgrade AVA token as “AVA 2.0” in this article. However, the token name and ticker will remain “AVA” following the token swap.

Before the Swap

Currently, the AVA 1.0 token exists as a multichain token on the BEP-2, BEP-20 and ERC-20 protocols.

After the Swap

Following the token swap, all legacy versions of the AVA 1.0 token will need to be swapped to the new AVA token on the Ethereum (ERC-20) protocol.

The new AVA 2.0 token will be issued on a 1:1 basis for existing AVA 1.0 holders. The token name will be updated from “Travala.com” to “AVA”. The ticker name will not change.

Legacy & New AVA Contract Addresses

AVA 1.0 tokens on any of the three legacy contract addresses on the BEP-2, BEP-20 and ERC-20 protocols will need to be swapped to the new AVA 2.0 ERC-20 version of the token.

This section details the legacy contract addresses and the new contract address that will take effect once the swap takes place:

Legacy Contract Addresses

Legacy BEP-2 AVA 1.0: AVA-645

Legacy ERC-20 AVA 1.0 Contract Address: 

0x442b153f6f61c0c99a33aa4170dcb31e1abda1d0

Legacy BEP-20 AVA 1.0 Contract Address:
0x13616f44ba82d63c8c0dc3ff843d36a8ec1c05a9

New Contract Address

New ERC-20 AVA 2.0 Contract Address: 

0xa6C0c097741D55ECd9a3A7DeF3A8253fD022ceB9

How the Token Swap Will Work

Depending on where token holders have their AVA tokens stored at the time of the token swap, there may be action required:

Centralised Exchanges

The AVA Foundation is working closely with centralised exchanges to enable AVA 1.0 tokens that are stored on centralised exchanges supporting the swap at the time of the token swap to be automatically swapped to AVA 2.0. More information will be provided in the following announcement.

Travala.com

AVA 1.0 tokens stored in the platform wallet or in the Smart Program on Travala.com at the time of the token swap will be able to be swapped to AVA 2.0.

DEXs, Cold Wallets & Self-custody Wallets

AVA 1.0 tokens stored in decentralised exchanges or platforms, cold wallets and self-custody wallets at the time of the token swap will require manual swapping to AVA 2.0 by token holders following the token swap date. 

Swap options will be supported for a 15-month period and will include:

• Depositing AVA 1.0 tokens to any centralised exchange supporting the token swap, which will then be automatically swapped to AVA 2.0. Centralised exchanges supporting the token swap will be detailed in the following announcement.
• Depositing AVA 1.0 tokens to the platform wallet on Travala.com, which will then be swapped to AVA 2.0.
• Using a decentralised token swap tool to swap legacy AVA 1.0 tokens to AVA 2.0, the details of which will be provided in the following announcement.

Following the 15-month period, swap options on centralised exchanges, Travala.com, and third-party on-chain platforms will no longer be supported. Token holders that do not swap in this time period will need to contact the AVA Foundation directly to swap their AVA 1.0 tokens to AVA 2.0.

More Details to Follow

The implementation of this upgrade will ensure the AVA token is able to be efficient, widely supported and versatile in its utility.

The AVA Foundation appreciates the community’s support during this swap period and will continue to provide updates on the latest developments.

More details specifying the date of the token swap and the platforms supporting the swap will be provided in the next announcement. 

IMPORTANT: the swap date has not yet been announced, and the AVA token is not yet available to swap. This article will be updated when the swap functionality becomes available. Beware of scammers and anyone claiming to be affiliated with the AVA token online, especially via personal messages. The team will NEVER message you first. Stay vigilant and always refer to official sources on www.avafoundation.org and AVA & Travala.com social channels.

Stay updated:

Twitter | Telegram | Discord

About AVA Foundation
The AVA Foundation’s overarching mission is to create a decentralised and self-sufficient blockchain-based loyalty ecosystem with AVA at its core. The AVA token functions as the key to accessing web3 loyalty programs and provides perks to end users, such as AVA payment discounts, AVA loyalty rewards, gated access benefits, and more. AVA tokenises the concept of loyalty reward programs using blockchain technology, bringing web3 to traditional loyalty models.

• The Travel Tiger NFT will serve as the key to access the new Smart Diamond Tier
• Smart Diamond members will be eligible to earn ambassador bonuses
• 900 Founders Edition NFTs sold exclusively to whitelisted Smart 5 members

Introducing the Travel Tigers

The “Travel Tigers” are a collection of 1,000 unique randomly generated NFTs, the first in the series to be released on the Ethereum Chain. Each NFT is unique and is the key to the Smart Diamond membership.

The Travel Tigers are nomadic travellers who roam the world to their heart’s content, savouring the bountiful luxuries of rich cultures in every corner of the globe. From sunbathing on the Riviera to scaling Mount Everest, the Travel Tigers use the Earth as their personal playground, letting their instincts dictate their adventures. Private jets to secluded islands? Check. Palatial yachts in the Mediterranean? Naturally. Helicopters above the Andes? Only every other week. Collectively, the Travel Tiger entourage pushes the definition of ‘bucket list’ to its limits, leaving no stone unturned in their opulent escapades.

The Smart Diamond membership will be available to users that lock up 2,500 AVA and also connect their Travel Tiger NFT.

The Benefits

All Smart Diamond members will be eligible to earn Ambassador Bonuses—Travel Credit rewards that are available to claim every quarter by performing marketing tasks.

The Smart Diamond membership also provides members with the opportunity to receive travel drops. These travel prizes are drawn at random, which may range from luxury hotels to flight tickets and even private retreats.

In addition to the the Ambassador Bonus and travel drops, Smart Diamond members will also receive a range of other benefits, including:

• Up to 10% loyalty rewards giveback paid in AVA
• Up to 3% discount when paying in full with AVA
• 5,000 Governance Votes on proposals
• Concierge.io access for bookings over US$20k
• Proof of Travel NFT program
• TRVL token airdrops
• Access to exclusive community forums and both online and in-person events

The Travel Tiger NFT, along with locking 2,500 AVA, serves as the keys to activating the Smart Diamond status. The NFT can be bought and sold on the OpenSea NFT marketplace. Royalties will be collected from all secondary market trading of the Travel Tiger NFTs, of which 50% will go into the AVA Community Pool to fund community-driven initiatives.