Question 1

What is AVA?

Accepted Answer

AVA is a utility token in the Travala.com ecosystem, used for travel-booking payments and the Web3 loyalty program. It may be used as an available payment method and to obtain membership discounts, booking rewards, and community governance participation; these functions do not represent equity in Travala or related operators for holders.

Question 2

What can AVA be used for?

Accepted Answer

In settlement scenarios supported by Travala.com, AVA can be used to pay for travel bookings. Orders paid in full with AVA may receive an AVA payment discount under the Smart Program and the rules applicable to the order; members may also receive rewards on eligible bookings. Payment discounts and booking rewards are not the same mechanism: the former affects the order price when payment is made in AVA, while the latter is calculated after eligible travel is completed according to membership tier, product category, and terms. Whether a benefit applies to an order is subject to the checkout page and terms in effect at the time.

Question 3

What is the AVA Smart Program?

Accepted Answer

The AVA Smart Program is a tiered loyalty and rewards program. Participants enter the applicable tier after holding the required amount of locked AVA in their accounts; the program may from time to time offer direct partner-price discounts, booking rewards, AVA payment discounts, and other benefits. A tier determines available benefits rather than guaranteeing returns. Current terms set Basic as a free tier; Steel, Bronze, Silver, Gold, and Platinum respectively require locking 250, 500, 1,250, 2,000, and 2,500 AVA; Diamond requires locking 2,500 AVA and linking a Travel Tiger NFT to the account. Terms may be updated, so requirements and benefits are subject to the page in effect at the time.

Question 4

What effect does locking AVA have when joining the membership program?

Accepted Answer

Locking AVA is a condition for eligibility for paid Smart tiers. Once locked, that AVA cannot be used for payment or withdrawn until the membership is deactivated and the tokens are unlocked. Users retain ownership of the locked tokens, but cannot treat them as freely usable account balances during the lockup period. The required locked amount varies by tier: Steel requires 250, Bronze 500, Silver 1,250, Gold 2,000, and Platinum 2,500 AVA; Diamond likewise requires 2,500 AVA, plus a linked Travel Tiger NFT. Locking determines membership eligibility only and is not directly equivalent to the amount of booking rewards or price discounts.

Question 5

Can AVA participate in governance?

Accepted Answer

AVA can be used to participate in Travala community governance voting. Official information states that voting weight is calculated according to the amount of AVA held in an on-chain wallet, so the amount of AVA in a wallet affects voting weight on an ecosystem proposal. Governance voting is a mechanism for voting on proposals; it is not equivalent to company shareholder voting and does not guarantee a voting result or a particular economic return. The wallet requirements, proposal eligibility, and voting period for participation are subject to the specific arrangements on the governance page.

Question 6

What is AVA's supply plan?

Accepted Answer

The AVA 2.0 proposal passed in 2023 planned to gradually increase AVA's supply cap from approximately 61,000,000 to 100,000,000 tokens over ten years. This describes a supply-expansion plan and its target cap; it should not be understood to mean that all 100,000,000 tokens have already been minted, allocated, or put into circulation. The proposal positioned the additional supply for community, loyalty, and ecosystem-development purposes. Changes to the supply cap, actual issuance, allocation vesting, and market-tradable supply are different stages: even with a governance proposal for an expanded cap, one cannot infer the circulating supply or price effect at any given time from that alone.

Question 7

What are AVA booking rewards?

Accepted Answer

AVA booking rewards are post-booking rewards offered by the Smart Program for eligible bookings; after travel is completed, rewards may be provided in AVA, BTC, or Travel Credits under the applicable rules. The reward rate depends on membership tier and product category, and not every booking is calculated at the same rate. The terms distinguish among hotels, activities, flights, and car rentals; for example, the basis for calculating car-rental rewards is the defined Eligible Rental Charge, rather than every item that may be paid at pickup or afterward. Booking cancellation, refunds, or failure to meet program conditions may affect reward eligibility or amount.

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