Avantis announces the launch of the AVNT token buyback and burn program

According to the official announcement, Avantis has posted on the X platform to announce the launch of the AVNT token buyback and burn plan, which will use 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.

The official statement indicates that in the future, after the protocol efficiency upgrade, the proportion of fees used for buybacks is expected to increase to over 50%, anticipated to be achieved by the end of the second quarter of 2026.