Travala Launches Permanent AVA Strategic Reserve, Doubles Monthly Open-Market Buybacks
- —Travala is creating a permanent strategic reserve in its AVA token
- —Monthly open-market AVA buybacks will be doubled
- —The size and timing of the buybacks were not disclosed
Why it matters: A permanent buyback program reduces AVA's circulating supply and could support the token's price if executed consistently.
Source: Investing.com Crypto