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AVA Foundation and Travala Launch AVA 3.0 and Unveil Roadmap, Strengthening AVA Token Utility
Odaily Reports: The AVA Foundation and Travala have released AVA 3.0 and published the related roadmap, planning to focus on real-world travel products, a transparent buyback mechanism, and quantifiable membership value. This initiative builds on AVA 2.0, with Travala serving as the primary commercial application scenario for the AVA token. To date, the AVA Foundation has cumulatively repurchased 5.6044 million AVA, of which 779,700 (representing 1.1% of the circulating supply) have been permanently locked in Travala's "AVA Strategic Reserve."
New York Stock Exchange Selects Avalanche as Core Ledger for Tokenized Securities Platform
Odaily reports: The New York Stock Exchange will adopt Avalanche as the core ledger technology for its planned tokenized securities platform, which will support round-the-clock trading, clearing, and settlement, and still requires regulatory approval. Ava Labs announced on Monday that the platform is being developed by Intercontinental Exchange, the parent company of the NYSE.GSR research analyst Carlos Guzman said the selection enhances Avalanche's institutional credibility; Luther Maday, head of North America at crypto payment company Mercuryo, noted that the decision was made after roughly a year of testing, indicating the network passed checks on performance, reliability, and control.The platform will run on dedicated Avalanche infrastructure rather than the public C-Chain that carries the majority of network activity, and transactions will still be conducted off-chain. Analysts said infrastructure adoption may not necessarily translate into long-term appreciation of AVAX value; the specific utility of AVAX within the dedicated infrastructure remains worth watching. (Decrypt)
Travala Launches AVA Buyback Multiplier Mechanism, Total Buyback Scale Rises to 4x When Member Rewards Reach $250,000
Odaily: Blockchain travel platform Travala has announced the launch of the AVA Buyback Multiplier mechanism, which dynamically adjusts the platform's matching buyback multiplier based on the AVA rebate rewards that AVA Smart members receive each month. When monthly member rebate rewards reach $100,000, $150,000, $200,000, and $250,000, Travala's matching buyback multiplier will rise to 1.5x, 2x, 2.5x, and 3x respectively, corresponding to a total buyback scale by the foundation and Travala of up to 4x the member rewards. If member rewards are below $100,000, Travala's matching buyback multiplier is 1x.Travala stated that the foundation repurchases the AVA distributed to members in the previous month on a monthly basis, and Travala then conducts matching buybacks at the corresponding multiplier, permanently locking the purchased tokens in the AVA Strategic Reserve multisig wallet, with a commitment not to sell or transfer them. As of the announcement, the AVA Foundation has cumulatively repurchased 5,423,181 AVA; the strategic reserve holds 598,458.78 AVA after the most recent two rounds of matching buybacks. Related transactions can be verified through on-chain records.
Six Blockchain Organizations Jointly Send Letter to US SEC Requesting Clear Definition of Digital Commodities
Odaily reports: Six blockchain organizations—Stellar Development Foundation, Hedera, Aptos Labs, Ava Labs, Cardano Foundation, and Chainlink Labs—have jointly submitted a comment letter to the U.S. Securities and Exchange Commission (SEC), requesting that the definition of "Digital Commodity" and its non-security status be explicitly clarified in the main text of the proposed "Regulation Crypto Assets."It is understood that the SEC's regulatory interpretation released in March 2026 has established the classification of digital commodities, but the relevant definition currently appears only in the preamble of the proposed rules and has not yet been incorporated into the binding rule text. The organizations believe that formally codifying it into the rules would help reduce regulatory uncertainty and provide a more stable legal framework for public chain developers and ecosystem participants.
AVA Strategic Reserve Grows to 598,500 AVA as Travala Completes Monthly Buyback with 228,600 AVA Added
Odaily reports that Travala has completed this month's strategic reserve buyback and, matching the AVA Foundation's monthly buyback, added 228,600 AVA to the AVA Strategic Reserve. Travala stated that this portion of AVA will be held permanently and will not be sold or transferred. Following this increase, the AVA Strategic Reserve balance has grown to 598,500 AVA.
Ava Labs: New York Stock Exchange Has Been Testing Avalanche Technology for Nearly a Year
Odaily reports that Ava Labs President Charley Cooper stated that the New York Stock Exchange (NYSE) has been testing Avalanche technology for the past year and has been working with Ava Labs to explore ways to integrate it with the exchange's existing systems. Cooper said the two parties have established a close working relationship, but has not yet confirmed whether the NYSE will ultimately choose Avalanche as the blockchain for its tokenized securities platform. In January of this year, the NYSE announced it was developing a platform for tokenized trading and on-chain settlement of U.S. stocks and ETFs. (The Block)
Possibly influenced by Bithumb's upcoming listing of the AVA/KRW trading pair, AVA briefly touched 0.195 USDT
Odaily News: Possibly influenced by Bithumb's upcoming listing of the AVA/KRW trading pair, AVA briefly touched 0.195 USDT and is now trading at 0.188 USDT, up nearly 20% within 15 minutes.
Binance will add an observation tag to AVA, GNS, SCR, and TOWNS on September 4, 2026
Odaily News: Binance stated that tokens tagged with an observation label may exhibit higher volatility and risk compared to other listed tokens and could be delisted if they no longer meet listing standards. Binance will conduct regular reviews of relevant projects and decide whether to add or remove the observation tag based on the latest findings.
Ava Labs Management Restructuring: Charley Cooper Named President, John Wu Transitions to Senior Advisor
Odaily News – Ava Labs former President John Wu announced that Charley Cooper has been appointed President of Ava Labs, where he will oversee day-to-day operations and drive the next phase of growth. Cooper previously served at the U.S. Department of Defense, the CFTC, as well as traditional financial institutions such as Deutsche Bank and State Street, and brings over a decade of blockchain industry experience. In addition, Lydia Chiu has officially assumed the role of CFO, having previously served as Interim CFO.John Wu will transition to Senior Advisor at Ava Labs, where he will continue to contribute to long-term strategy and focus on deepening Avalanche's relationships with Wall Street and Silicon Valley.
Uniswap Protocol Fees Activated and UNI Burned, 3 Governance Proposals Under Vote
Odaily Odaily News Uniswap founder Hayden posted on X platform, stating that many people are unaware that Uniswap protocol fees have been enabled and UNI is being burned. He continues to receive replies from people who think the protocol fees are not yet active. Currently, there are 3 governance proposals under vote: 1) Robinhood Chain fees (v2/v3); 2) v4 fees; 3) Fee bridge cleanup on xlayer, ava, megaeth, sonium.
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XT New Year's Eve Carnival: Trade PENGU, AVA, MOCA, KOMA, VIRTUAL, USUAL perpetual contracts and win 500USDT New Year gift package
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2024
12/23