Welcome to this week’s AVA update! This update covers news from 31 January-6 February 2025.
In what was a significant week for the ecosystem, the Foundation announced a new buyback initiative to accompany the current Monthly Buyback for token givebacks. The AVA Smart Bonus Buyback will see the total amount of AVA distributed as part of the quarterly AVA Smart Bonus repurchased on a selective basis, with the first TWO buybacks for Q3 2024 and Q4 2024 to be completed this month.
In the broader ecosystem, Travala’s hotel integration on trivago was unveiled – another monumental step in bringing crypto adoption and the AVA ecosystem to a new audience.
Among this news, Travala posted a second consecutive month of gross revenue over $10M, representing 60% YoY growth and a record number of AVA givebacks in dollar terms at over $112,000 for the month of January.
AVA Updates
In this week’s round-up of AVA news:
🆕 New: AVA Smart Bonus Buyback announced! Learn more
🪂 AVA Airdrop: AVA airdrop on Solana for Smart Steel-Diamond members complete! View contract address
🏦 Monthly Buyback: 106,546 AVA has been transferred to the Ecosystem Incentives Wallet, equivalent to the USD value of the token givebacks in January. View transaction
📣 Press: Travala integrated hotels on trivago with a widespread PR release on leading web3 and tech publications, generating further exposure for AVA. View announcement
🚨 Claim Bonuses: Smart members, don’t forget to claim your AVA Smart Bonus & Ambassador Bonus in your Travala account by Tuesday 11 February 7:00 AM UTC! Claim now
🎙 AMA: Our AMA with Binance Square amassed over 23K listeners! Listen now
➡️ Next Week: Twitter Spaces AMA with Bitrue
Weekly AVA Metrics
Below are the key $AVA metrics from the last 7 days:
🤝 Total AVA Smart Program members: 49,189 (+2.41%)
🔒 Total AVA locked in the AVA Smart Program: 9,088,300 (+0.30%)
💰 AVA givebacks last 7 days: 36,173 AVA worth $21,999 (+1.74%)
✈️ Number of AVA travel bookings last 7 days: 68 bookings (+4.61%)
💱 Dollar (USD) value of AVA travel bookings last 7 days: $44,982 (+2.07%)
Tune in next week for the latest news!
AVA Foundation
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