According to the Travala.com (AVA) team, Travala.com (AVA) will be migrated to the new contract at a 1:1 ratio, and the project name will be changed to AVA (AVA). Gate.io fully supports the migration and will swap tokens for users. If your Travala.com (AVA) tokens are currently on Gate.io, you don’t need to do anything in particular.

Details:
1) Gate.io will close Travala.com (AVA) deposit and withdrawal services on August 29, 2023, 03:00 A.M. UTC.
2) After the swap is completed, Gate.io will resume the deposit and withdrawal services for the new AVA token.
3) During the token swap period, user trading will not be affected.
4) New AVA (AVA) Contract Address:
0xa6C0c097741D55ECd9a3A7DeF3A8253fD022ceB9 (ETH)

Tokenomics:
Total Supply of Travala.com (AVA): 61,011,389
Total Supply of New AVA (AVA): 100,000,000

Allocation of Old Travala.com (AVA) Tokens:
Public Release: 65% (Unlocked in full)
Future Development: 20% (Unlocked in full)
Team: 15% (Unlocked in full)

Allocation of New AVA (AVA) Tokens:
Circulating Supply: 61% (Unlocked in full)
Future Development Inflation: 39% (Continuously increasing at an annual rate of 5% over 10 years)

Please note that after the swap, the tokenomics of the AVA project will change, and the total supply of the new tokens will increase to 100,000,000. The increased portion will continue to increase at an annual rate of 5% over 10 years. Users who do not wish to participate in the swap are advised to sell their holdings before the trading is closed. Gate.io will no longer support the old Travala.com (AVA) tokens. The listing time of new AVA (AVA) will be announced later when Gate.io completes the listing review.

Project team’s announcement: https://www.avafoundation.org/introducing-ava-2-0-upcoming-token-swap/

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Gate.io Team
August 28,2023