Avalon Labs has announced the burning of 80 million AVL tokens, accounting for approximately 44% of the circulating supply. The burned tokens mainly came from unclaimed allocations in a previous airdrop campaign. Launched in March 2024, the campaign saw a total of 20 million AVL successfully claimed. Avalon Labs is a Bitcoin financial services platform that previously announced the completion of its strategic funding round, led by YZi Labs.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Avalon Labs has announced the burning of 80 million AVL tokens.
Avalon Labs has announced the burning of 80 million AVL tokens, accounting for approximately 44% of the circulating supply. The burned tokens mainly came from unclaimed allocations in a previous airdrop campaign. Launched in March 2024, the campaign saw a total of 20 million AVL successfully claimed. Avalon Labs is a Bitcoin financial services platform that previously announced the completion of its strategic funding round, led by YZi Labs.