Travala's Crypto Loyalty Program Reaches New Heights with 170,000 Members
Travala's crypto loyalty program has reached an impressive milestone, with over 170,000 members. This represents a significant increase of 110% year on year as of August.
The AVA Smart Program allows users to earn rewards and benefits by locking up their AVA tokens. Currently, approximately 12.1 million AVA is locked across the program and AVA+ Rewards, representing around 16% of the token's circulating supply.
Travala has also announced a long-term goal of having 30% of AVA's circulating supply locked within the AVA Smart Program. To achieve this, new lock levels will be introduced, requiring double the current AVA lock for every tier. Existing members will keep their current requirements while their membership remains active.
According to Steve Hipwell, AVA Foundation Lead Contributor, 'Having 16% of AVA's circulating supply locked within a travel loyalty program demonstrates genuine real-world utility.' He also stated that the new lock levels reward existing members for being early and give the community a clear long-term goal of 30% of circulating supply locked.