Avalon Labs has completed the fourth quarter AVL Buyback and Burn, totaling $1 million.
BlockBeats News, November 11th, Avalon Labs has completed a $1 million AVL token buyback and burn in the fourth quarter, marking the project's third token burn plan implemented by 2025. Since October, Avalon Labs has repurchased a total of 5,187,165 AVL and has burned them all.
The official announcement stated that the buyback funds all came from the protocol's accumulated revenue, demonstrating the platform's stable growth and profitability. In 2025 to date, Avalon Labs has burned a total of 100,142,329 AVL tokens, accounting for 67% of the circulating supply.
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