Avantis launches AVNT token repurchase and destruction plan

Avantis announced the launch of the AVNT token repurchase and destruction plan on the X platform, using 30% of daily trading revenue (including opening fees, closing fees, and profit handling fees) for open market repurchase and destruction of AVNT tokens. This mechanism has officially come into effect. The official statement states that after the efficiency upgrade of the agreement, the repurchase ratio is expected to increase to over 50%, with the goal of achieving it by the end of the second quarter of 2026.