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Catch up on our appearance on the latest Crypto Town Hall X Space! 👇
https://x.com/Crypto_TownHall/status/1910336484491567263
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AVA WEEKLY UPDATE (6 June-12 June) Welcome to this week’s $AVA and market update! MARKET UPDATE The top stories from the broader market: 📉 Israel-Iran Tensions Escalate: Israeli strikes on Iran triggered a broad crypto sell-off, with $BTC down ~7% over two days. Crude oil jumped around 10%, with investors once again turning to safe-haven assets like gold. 📈 Ether Derivatives Surge: Tuesday saw $ETH derivatives record over $110 billion volume in a single day, beating out Bitcoin at $85 billion. This represented a 38% increase over the previous day, with 16 consecutive days of net postive inflows into ETH ETFs also recorded. 🏦 Deutsche Bank Exploring Stablecoins: The German bank is the latest traditional company to explore the use of stablecoins. The options being considered include issuing their own token or collaborating on an industrywide initiative. --- KEY UPDATES In this week’s round-up of $AVA news: ✍️ AVA+ Rewards Perk Proposal: The community vote has passed! Development will now commence on this proposal, with an estimated launch in Q3 2025. 🏦 Binance Earn: Enjoy up to 6% APR with AVA Flexible Products on @binance Earn. --- WEEKLY METRICS Below are the key $AVA metrics from the last 7 days: 💼 Total AVA holders (Travala + on-chain): 40,926 (+0.25%) 🤝 Total AVA Smart Program members: 67,101 (+1.29%) 🔒 Total AVA locked in the AVA Smart Program: 9,386,550 (+0.20%) 💰 AVA givebacks last 7 days: 28,934 AVA worth $16,310 (+1.18%) 🛍 Total saved via Smart discounts last 7 days: $5,406 (-5.52%) ✈️ # of room nights & flights booked with AVA last 7 days: 91 (-54.72%) 💱 $ value of AVA travel bookings last 7 days: $14,221 (-73.24%) 🔗
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AVA+ Rewards Perk Proposal: Passed ✅ Smart members will soon be able to lock up additional $AVA via their on-chain wallets within a smart contract and receive 'AVA+ Rewards’ in AVA on the locked amount. The perk will mark the first phase of the AVA Open Loyalty Protocol. This initiative is expected to be live in Q3 2025.
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🗳️ VOTE NOW: AVA+ Rewards Perk The AVA Community proposes to launch a new perk as part of the AVA Smart Program and as the first phase of the AVA Open Loyalty Protocol. This perk will enable Smart members to lock up additional $AVA via their on-chain wallets within a smart contract and receive ‘AVA+ Rewards’ in AVA on the locked amount. The estimated yearly cost of this initiative is 600,000 AVA, 80% of which will be funded by the Community Pool and 20% by the Ecosystem Incentives and/or Ecosystem Growth Wallet. View the proposal for the full campaign mechanics and benefits. ⬇️ Vote NOW until 10 June ⬇️
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May 2025 Buyback 153,288 AVA has been transferred to the Ecosystem Incentives Wallet. The AVA amount is based on the USD value of the token givebacks distributed to all Smart members between 1-31 May 2025. View Transaction ⬇️ https://etherscan.io/tx/0x76052c67deabead2f37c8a32fd9c653cd9491abc18a059ef91f5d283c2c686c9
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Did you know? The first booking on @travalacom was a hotel booking made on 20 July, 2018, purchased with $AVA 🏨 Since then, over $300M worth of bookings have been made on Travala, with more than 6% being in $AVA — that's over $20M! 🔥 More stats 👇 https://www.analyticsinsight.net/amp/story/press-release/binance-pay-becomes-travalas-top-external-payment-method-as-crypto-travel-bookings-surge-on-travala
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