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Avantis: Launches AVNT Token Buyback and Burn Program

2026-03-12 00:42

Odaily News Avantis announced on the X platform the launch of the AVNT token buyback and burn program. The program allocates 30% of daily trading revenue (including opening fees, closing fees, and profit fees) to repurchase and burn AVNT tokens on the open market. This mechanism is now officially in effect.

Furthermore, the official statement indicated that following future protocol efficiency upgrades, the buyback ratio is expected to increase to over 50%, with an anticipated implementation before the end of the second quarter of 2026.