Avalon Labs: $1.88 million in agreement revenue has been used to repurchase and destroy AVL tokens
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最新报道：According to Bijie.com, Avalon Labs announced that it has completed a buyback and burn of AVL tokens totaling $1.88 million. Since June, Avalon Labs has deposited 1.88 million USDT into Bybit and initiated the buyback, repurchasing a total of 13,955,164 AVL tokens at an average price of approximately $0.1347. Following the buyback, Avalon Labs has destroyed all of the tokens. Officials stated that the buyback was funded entirely by the protocol's monthly revenue. Combined with the 80 million AVL tokens destroyed in June of this year, Avalon Labs' recent token burn accounts for 37% of the total circulating supply.
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