Avantis has launched a new AVNT token buyback and burn mechanism, allocating 30% of daily trading revenue to purchase and burn AVNT on the open market. This initiative, effective immediately, aims to ensure continued participation under volatile market conditions by allowing funds to invest at more favorable prices. Margin and clearing fees are excluded from this allocation, with margin fees directed to limited partners and clearing fees supporting the protocol treasury. The company plans to increase the repurchase ratio to over 50% of daily trading revenue following a protocol economics upgrade expected by the end of Q2. Additionally, Avantis will soon introduce AVNT's staking functionality. This development follows Avantis's recent $8 million Series A funding round led by Founders Fund and Pantera Capital.