Travala Crypto Loyalty Program Hits 170k Members, Eyes 30% AVA Supply Lock

Travala's crypto loyalty program has reached an impressive milestone of over 170,000 members. This represents a significant 110% year-on-year growth as of August.

The AVA Smart Program offers various benefits to Travala customers, including travel perks and rewards. As part of the program, users can lock their AVA tokens, which currently account for around 16% of the circulating supply.

To further incentivize long-term commitment, the AVA Foundation has introduced new standard lock levels for the AVA Smart Program. Existing members will not be affected by these changes and can choose to move to the new levels after implementation if they wish to increase their locked AVA eligibility.

The goal is to have 30% of the circulating AVA supply locked in the program, with current projections suggesting that this could reach around 27% with continued growth. The update follows last week's launch of the AVA Permanent Strategic Reserve, which sees Travala match the AVA Foundation's monthly open-market buybacks.