Travala launches AVA repurchase multiplier mechanism, with total repurchase scale increasing fourfold when member rewards reach $250000 Odaily Planet Daily News: Blockchain travel platform Travala announced the launch of the AVA Buyback Multiplier mechanism, which dynamically adjusts the platform's matching repurchase multiple based on the monthly AVA return rewards received by AVA Smart members. When the monthly member return rewards reach $100000, $150000, $200000, and $250000, Travala's matching repurchase multiples will increase to 1.5 times, 2 times, 2.5 times, and 3 times respectively, corresponding to a total repurchase scale of up to 4 times the member reward between the foundation and Travala. If the member reward is less than $100000, Travala's matching repurchase multiple is 1 times. Travala stated that the foundation repurchases the AVA issued to members last month on a monthly basis, and then conducts matching repurchases at corresponding multiples. Travala also permanently locks the purchased tokens in the AVA Strategic Reserve multi signature wallet, promising not to sell or transfer them. As of the announcement, AVA Foundation has repurchased a total of 5423181 AVAs; The strategic reserve holds 598458.78 AVAs after the last two rounds of matching repurchases. Related transactions can be queried through on chain records.