Avantis launches AVNT token buyback and burn mechanism

CoinFeed reported on March 12th that Avantis has announced the launch of a systematic AVNT token buyback and burn mechanism, effective immediately. The new mechanism allocates 30% of daily trading revenue (including opening fees, closing fees, and profit-taking fees) to purchase and burn AVNT on the open market. Avantis stated that due to volatile market conditions and time friction associated with fixed-income thresholds, systematic allocation ensures continued participation under all market conditions and allows funds to invest at more favorable prices. Margin fees and liquidation fees are not included in the daily buyback. Margin fees are 100% allocated to LPs as risk management compensation, while liquidation fees go into the protocol treasury to maintain team operations. The next phase plans to increase the buyback ratio to over 50% of daily trading revenue, but this will depend on the completion of the protocol economics upgrade, expected by the end of the second quarter.