Travala's Crypto Loyalty Program Surpasses 170K Members with Long-Term Goal of 30% AVA Supply Locked
Travala's crypto loyalty program has surpassed 170,000 members, marking a 110% year-over-year increase as of August. The AVA Smart Program offers travel perks and benefits to Travala customers, such as AVA payment discounts and rewards.
The program's adoption has led to approximately 12.1 million AVA being locked across the program and AVA+ Rewards, representing around 16% of the token's circulating supply.
As part of a wider overhaul of AVA's tokenomics, new standard lock levels have been introduced for the AVA Smart Program. Existing members will keep their current requirements, while new members will need to double the current AVA lock for every tier. If all existing members moved to the new levels, locked AVA could reach approximately 20 million, around 27% of circulating supply.
The long-term goal is to have 30% of AVA's circulating supply locked within the program.