Travala, the Binance-backed crypto travel booking platform, and the AVA Foundation announced the AVA Buyback Multiplier, an upgrade to the AVA Strategic Reserve that 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.
The match rises from 1x to up to 3x, taking total monthly buybacks to as much as four times member givebacks.
How the multiplier works
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. Travala matches the monthly amount and moves it into the AVA Strategic Reserve, a multi-signature wallet the company has committed never to sell or transfer from.
Under the multiplier, the previous month's AVA givebacks set Travala's matched buyback amount:
- Below $100,000 in monthly AVA givebacks: 1x match
- $100,000: 1.5x match
- $150,000: 2x match
- $200,000: 2.5x match
- $250,000 and above: maximum 3x match
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.
Buyback totals to date
The AVA Foundation has bought back 5,423,181 AVA through its monthly buybacks to date. Since the AVA Strategic Reserve launched in September, Travala has matched two monthly buybacks, and the reserve now holds 598,458.78 AVA.
Company comments
"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 the companies
Travala was founded in 2017 and is backed by Binance. The platform offers 2,200,000+ properties across 230 countries, 600+ airlines, 50,000+ car rental locations, and 400,000+ activities globally, and accepts over 100 leading cryptocurrencies alongside traditional payment methods.
The AVA Foundation oversees the AVA token ecosystem, including the AVA Smart Program, the 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.
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.
