Avantis: Launch of AVNT Token Buyback and Burn Plan

BlockBeats News, March 12, Avantis announced the launch of the AVNT token buyback and burn plan on the X platform, dedicating 30% of daily trading revenue (opening fee, closing fee, and profit fee) to repurchase and burn AVNT tokens on the open market. This mechanism has officially taken effect.

Furthermore, the team stated that after the protocol's efficiency upgrade, the repurchase ratio is expected to increase to over 50%, with the target set to be achieved by the end of the second quarter of 2026.