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Avantis: Launching AVNT Token Buyback and Burn Program
Odaily Planet Daily reports that Avantis announced on the X platform the launch of the AVNT token buyback and burn plan, allocating 30% of daily trading revenue (opening fees, closing fees, and profit fees) to buy back and burn AVNT tokens on the open market. This mechanism is now officially in effect.
Additionally, the official statement indicates that after future protocol efficiency upgrades, the buyback ratio is expected to increase to over 50%, with an estimated implementation before the end of Q2 2026.