Avantis launches AVNT systematic repurchase plan

Odaily News Avantis announced the launch of the AVNT repurchase plan based on a transparent milestone mechanism. When the platform's average daily revenue reaches $200,000, 30% of the fees will be used for repurchase, with an annualized scale exceeding $22 million; when the average daily revenue exceeds $500,000, the repurchase ratio will increase to 50%, with an annualized repurchase amount exceeding $90 million, accounting for about 11.4% of the Token supply. At that time, AVNT will enter a deflationary phase, and the airdrop share for the third quarter will be completely offset. The team stated that this mechanism aims to balance protocol growth with Token value accumulation, and since the TGE in September, the platform's TVL and open interest have achieved a 6-fold increase.