{
  "id": 9421588,
  "title": "Travala Launches Permanent AVA Strategic Reserve, Doubles Monthly Open-Market Buybacks",
  "url": "https://urgent.news/2026/09/23/travala-launches-permanent-ava-strategic-reserve-doubles-monthly-open",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T19:03:30.000Z",
  "source": {
    "name": "HackerNoon",
    "slug": "hackernoon",
    "url": "https://hackernoon.com/travala-launches-permanent-ava-strategic-reserve-doubles-monthly-open-market-buybacks?source=rss"
  },
  "original_language": "en",
  "account": "Singapore, September 23rd, 2026 -- Travala, the crypto-native travel booking platform, has launched a permanent AVA Strategic Reserve and doubled its monthly open-market buybacks. The company, funded by Travala, will buy back an equal amount of AVA tokens each month and transfer them to the Strategic Reserve, which will never be sold or transferred. This addition to the AVA Foundation's existing buyback program doubles the monthly open-market buyback volume. The AVA Strategic Reserve is publicly verifiable on-chain at 0x7bed1889c21d9eb3560463c14cd74fe29f2d03b6. Travala CEO Juan Otero emphasized the importance of AVA in their ecosystem. The Reserve scales with platform activity, removing AVA from circulating supply and excluding it from AVA's official circulating supply. Both buybacks are separately verifiable on-chain, and Travala will report the figures publicly each month.",
  "summary": "More travel bookings → more member givebacks → more open-market AVA buybacks → more AVA permanently locked. A new matching structure doubles monthly open-market",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}