A digital representation of Avalon Labs' AVL tokens being burned, signifying a value increase and strengthening of Bitcoin on-chain finance.
Bitcoin News

Avalon Labs Unveils Massive AVL Token Burn, Bolstering Bitcoin On-Chain Finance

Avalon Labs (AVL), a prominent Bitcoin on-chain financial services platform, recently made a significant announcement. The company executed a substantial AVL token burn, removing $1.88 million worth of its native AVL tokens from circulation. This strategic move, funded entirely by the platform’s monthly protocol revenue, has captured the attention of the cryptocurrency community. It marks […]