Companies
Travala's AVA Smart Program Surpasses 170,000 Members, Aims for 30% AVA Supply Lock
On October 2, 2026, Travala announced significant developments in its AVA Smart Program, which has now surpassed 170,000 members, reflecting a 110% increase year-on-year as of August. The program currently has approximately 12.1 million AVA tokens locked, representing around 16% of the token's circulating supply.
The AVA Foundation and Travala are introducing new standard lock levels as part of a broader overhaul of AVA's tokenomics. The long-term goal is to lock 30% of AVA's circulating supply. Starting from November 1, 2026, new Smart memberships will require double the current AVA lock for each tier, although existing members can maintain their current requirements while active.
Steve Hipwell, Lead Contributor at the AVA Foundation, emphasized the significance of having 16% of AVA's circulating supply locked within a loyalty program, showcasing its real-world utility. Juan Otero, CEO of Travala, noted that this update rewards loyal members and enhances the benefits for those who lock AVA tokens.
The program's structure allows for potential increases in locked AVA, with estimates suggesting it could reach approximately 20 million tokens, or around 27% of the circulating supply, depending on member participation.
This announcement follows the recent launch of the AVA Permanent Strategic Reserve, which matches the AVA Foundation's monthly buybacks, effectively doubling the volume of tokens repurchased. In September alone, the two buybacks collectively repurchased 739,762 AVA tokens.
FAQ
What is the AVA Smart Program?
The AVA Smart Program is a loyalty initiative by Travala that allows members to lock AVA tokens in exchange for various benefits and rewards.
How many members are currently in the AVA Smart Program?
As of October 2, 2026, the AVA Smart Program has surpassed 170,000 members, reflecting a 110% increase year-on-year.
What percentage of AVA's circulating supply is currently locked?
Approximately 12.1 million AVA tokens are locked in the program, representing around 16% of the token's circulating supply.
What changes will be implemented in the AVA Smart Program starting November 1, 2026?
Starting November 1, 2026, new Smart memberships will require double the current AVA lock for each tier, although existing members can maintain their current requirements.
What is the long-term goal for the AVA tokens locked in the program?
The long-term goal is to lock 30% of AVA's circulating supply, which could potentially increase the locked AVA to approximately 20 million tokens.