Staking my AVA - Smart5 Activated!

in LeoFinance2 months ago (edited)

A few days ago I shilled you guys Travala (AVA) and honestly, the more I learn about it the harder I get! Anyways, today I staked 5k coins (out of the total 20k I bought) and became a smart 5 member:

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In case you wonder why I didn't stake more, 5k is the maximum allowed per person.

Anyways, just look at all those sexy bonuses I get:

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All these discounts, combined with a 24% APY....hmmm.. I feel like next year's holidays are gonna be free thanks to the staking rewards! Or as a guy on telegram told me, more like free lifetime holidays! LOL.

Interestingly, I am following the number of people staking their coins (there is a telegram room for that) and the number of staked coins keeps going up and up! Two days ago it was around 9.880.000, and as we speak it's 9.940.000. That's almost 1/4 of the total circulation locked!

I thought I was over with buying AVA but seeing how the number of locked coins keeps going up and up, I will keep buying a couple everyday using my liquid hive earnings. After all, it's still 190 # in the coinmarket so there's A LOT of room for growth!

Imo, AVA is definitely a coin you should have in your watchlist. Staking, coin buys and burns, real product and use case, low circulation and good marketing... It literally has everything!

Here's a post where I talk more about it in case you want to learn more :)

Disclaimer
Not financial advice. Blah!

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This all sounds fishy. How they generate the 24% yield?

its more like a temporal bonus not permanent. Check the other comments here, empodedrat covered your question :)

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The fact that Travala is a great working product with their use-case is what makes me wet. People like you & me are using the token. I already booked 3 times with Travala and everything worked flawlessly.

Plus, there's a week left to end the month and we already made a new ATH in revenue. ~700K already secured! Might we're achieving 1M$ revenue/month this month.

revenue.png

(Plus 2.0) remember that 25% of the NET profit of the business is used to burn AVA from the circulating supply (is bought from the market) and that every booking (2% of the value at minimum) is distributing AVA to new and existing holders, making the token more scarce.

Future is bright for AVA. Mark my words, you'll see this token at ~5-10$ at some point of next year (maybe earlier).

By then well go to the Maldives Smart meetup (a OG AVA hodler joke).

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Alright, alright, you got me...
I was tempted after your first post already, but I'm going to buy some now.

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PUMP ITTTTTTTTTTTT

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Looks like I have to put something in there - can't resist the temptation by seeing your post. So 5k would be a best bet ?

Dunno if it's safe but as I said I bought 20k :P

Please read this post https://leofinance.io/hive-167922/@trumpman/i-just-bought-a-shitload-of-ava-travala-this-is-why before you buy some! There's pretty much all you need to know there. And check all the included links at the bottomo!

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I am stalking your posts. This kinda posts. I know something good will come out of it. Keep them coming!

thanks!

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Congrats! I am already a proud member of the SMART program since yesterday!
Glad @empoderat showed me this fucking GEM!

Enjoy the ride man!

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Well, because it is coming from you, I will need to dig deeper. Last tip brought me here, so AVA might bring me o to some cool and far away places when this pandemic is over.

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not financial advice :P

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I know,I know, I think people in here, still have the common sense needed to decide on their own if they invest or not.:)

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You know I tried out their web site and they actually gave me better prices for flights between London and Lisbon in December than Expedia, so I bought some.

Not very much, as I promised myself I wouldn't spend too much on the alts, but enough to give me a little boost if it does a 10 times!

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travala to the moon!

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I know someone else who bought some too, you're a trend setter!

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I feel like next year's holidays are gonna be free thanks to the staking rewards!

I hope your dream comes true :)

Congrats, it's always good to diversify your portfolio.
Thanks for the reminder, looking into it now.

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This looks like a promising cryptocurrency and I think there is still place to grow. And as 2021 will come and travelling will resume, I think this one will shine above. Thanks for sharing, a crypto with real life implementation, future growth probabilities and great returns for locked staking!

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They really look so quite tempting

became a smart 5 member

I see, smart things for smart people.

In case you wonder why I didn't stake more, 5k is the maximum allowed per person.

Well, I'll stake those 5000 for you, no problem :))

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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 32 of my contest just started...you can now check the winners of the previous week!
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24% APR???? like is this for real? Plus you bought 20k how much is it in dollar valuation?

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yes! But they do burns every 3 months from their revenues, so the real inflation is pretty small! Atm it's 0.7 $ a piece

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Well it's a gem in the making, I don't know I have very little money with a lot of sweet projects begging me to invest.

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Wrong. there's no 'real' inflation. AVA is deflationary.

The token supply is capped at 61M and it's reducing until 40M.

counting 9M locked in SMART memberships that means that there's 90K AVA being released each month (remember that 12 of the 24% from the APY is given in Travel credits, so no negative effect on the token).

90K in front of 61M represents a 0,15% monthly 'inflation' which is more than compensated by the fact of locking x100 this amount (you're locking 5K to receive 50 tokens monthly as long as the 5K keeps locked).

If we count burns, givebacks, hodlers and companies (all binance employees are booking through travala for example). The real amount in circulation is much... much less.

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got myself some AVAs ...

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thanks man !!!

mh not a bad idea... but 24% inflation is super heavy IMO

its not real inflation actually, check the comment by @empotedrat. More like a temporal bonus for stakers ;)

ok, then it's a fair investment choice

I bought close to 1.5k AVA tokens. The inspiration of buying the AVA tokens came from your post when you bought 20k of AVA tokens. I am not currently staking them. Do you know when are staking rewards paid out.. Yearly is it?
Cheers

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Every month!

Nice one @trumpman and I will like I am jealous, I should have done this earlier.

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Straight Trash! Damn you leveled up but damn .8 BTC is a years worth of living wages for some!

Hustler Huslter!! Keep at it BRO!

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oe i didnt even know there was a staking form involved.!

I just got my first ava's earlier in the week and I feel good about them! Gonna look into this staking..24% damnnnnnn

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