Travala Sets Combined Buybacks at Four Times Rewards When Monthly Rewards Hit $250,000
Photo: TokenPost
Travala has introduced a tiered monthly buyback schedule for AVA token (AVA) that scales the company’s purchases with AVA Smart member rewards, allowing combined buybacks by Travala and the AVA Foundation to reach four times rewards at the $250,000 tier. The schedule builds on Travala’s existing monthly buying arrangement with the AVA Foundation . The foundation buys back tokens distributed to members as rewards in the previous month. Travala’s match is 1-to-1 when monthly rewards are below $100,000, then rises to one and a half times rewards at $100,000, twice at $150,000, two and a half times at $200,000, and…
Source: TokenPost
