[PRESS RELEASE – Singapore, Singapore, October 22nd, 2026]
Travala’s monthly AVA Strategic Reserve buyback will now match up to 3x the AVA rewards earned by AVA Smart members
Travala, the Binance-backed crypto travel booking platform, and the AVA Foundation—Travala’s loyalty program provider and issuer of the platform’s native AVA token—today announced the AVA Buyback Multiplier, an upgrade to the AVA Strategic Reserve launched in September 2026.
Under the new structure, Travala’s monthly match of the AVA Foundation’s buyback scales with the AVA giveback rewards earned by AVA Smart members for booking travel, rising from 1x to up to 3x and taking total monthly buybacks to up to four times member givebacks.
Each month, the AVA Foundation buys back the AVA given to AVA Smart members as booking rewards in the previous month and returns it to its rewards pool. To date, the AVA Foundation has bought back 5,423,181 AVA through its monthly buybacks. Travala matches the monthly amount and moves it into the AVA Strategic Reserve, a multi-signature wallet Travala has committed never to sell or transfer from. Since the AVA Strategic Reserve launched in September, Travala has matched two monthly buybacks, and the reserve now holds 598,458.78 AVA.
Under the AVA Buyback Multiplier, the previous month’s AVA givebacks set Travala’s matched AVA buyback amount. Below $100,000 in monthly AVA givebacks, Travala matches 1x. The match rises to 1.5x at $100,000, 2x at $150,000, 2.5x at $200,000, and a maximum of 3x at $250,000 and above. This brings potential total monthly AVA buybacks to four times monthly AVA Smart member givebacks.
If monthly AVA givebacks fall below a target, the match returns to the lower level the following month. All AVA buybacks by Travala and the AVA Foundation are reported monthly and are verifiable on-chain.
“The AVA Buyback Multiplier ties AVA even more closely to our members’ travel bookings,” said Steve Hipwell, Lead Ecosystem Contributor at AVA Foundation. “Every booking that earns AVA giveback rewards now counts towards the next step up, and every token Travala buys back is permanently locked away in the AVA Strategic Reserve multi-signature custody wallet.”
“We want AVA’s tokenomics to be simple, transparent, and built around real activity,” he continued. “The Buyback Multiplier gives the Smart member community clear milestones to work towards, with every step published on-chain.”
The Buyback Multiplier follows the AVA Smart Program lock update and the launch of the Travala AI Agent on BNB Chain announced earlier this month.
About Travala
Travala founded in 2017 and now backed by industry giant Binance, is the leading crypto-native travel booking service, offering 2,200,000+ properties across 230 countries, 600+ airlines, 50,000+ car rental locations, and 400,000+ activities globally. Travala is a champion of cryptocurrency adoption, accepting over 100 leading cryptocurrencies alongside traditional payment methods. For more information, visit: www.travala.com.
About the AVA Foundation
The AVA Foundation oversees the AVA token ecosystem, including the AVA Smart Program, AVA token, and Travel Tiger NFTs. The AVA token functions as the key to accessing the AVA Smart Program, which provides travel perks and other benefits to Travala customers, such as AVA payment discounts and AVA loyalty rewards. AVA tokenises the concept of loyalty reward programs using blockchain technology, bringing web3 to traditional loyalty models. For more information, visit: www.avafoundation.org.
Disclaimer
Travala may modify, suspend or discontinue the AVA Buyback Multiplier and future monthly purchases at any time. AVA already in the AVA Strategic Reserve remains subject to the never-sell commitment. This announcement is for information only and does not constitute financial advice, an offer to buy or sell any digital asset, or an inducement to acquire, hold or lock AVA. References to Travala are to TravelFront and its group companies. This announcement is not directed at persons in the United Kingdom, the United Arab Emirates or any jurisdictions where distribution would be unlawful.
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