I have maxed my AVA investment !!! Here's why...

in LeoFinance2 months ago

Today I pulled the trigger and bought another 2500 AVAs to reach the max Level 5 at Travala's Smart Program.

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If you live under a crypto rock and don't know what Travala and AVA are read these posts from @revisesociology and @empoderat .

AVA - A better investment than Hive so far!

The bull case for Travala ($AVA)

It also happens @trumpman to be a great shiller ... I mean believer of AVA.

I think that AVA is one of the most undervalued projects out there. It is at least a Top50 token and the only reason that it is so cheap is the Covid situation.

So, I've put my monis where my mouth is and sold 5000 ADA added some more dirty Fiat in order to buy the AVAs.

I had bought ADA at a median price of 0,23$ and the recent pump gave me a great opportunity to sell a portion of my holdings to invest in a project that has greater upside potential.

ADA has reached almost $1 and it could see an additional x5 from here. AVA can easily see an x10 from the current price.

Moreover, ADA's staking rewards are about 10% per year whereas AVA has 24% per year. I don't think this number is sustainable but I will enjoy it as long as it exists.

Here's a site you can check some AVA stats : Travala Dashboard

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We see that a total of 11,5 M AVAs are locked into Smart Program.

Now let's go to Coingecko ...

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There are still 22,8 M AVAs to be issued. So, if every year a 12% goes to rewards we have 11,5*0,12 = 1,38 M AVAs per year, which means that there are few more years that we can enjoy AVA rewards...

But might ask : Hey I thought you said 24% ...

Yes, I said 24% per year or 2% per month. Every month you get 1% of your locked token in AVA and 1% the equivalent price in travel credits which stand for $1.

Check out this simple calculator

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Imagine AVA does a simple x5 and you have free vacations at least once a year...

As of now, AVA sits at $2.24 only 8% less than its ATH. I think it will break it this month and once tourism opens sky is the limit...

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Obviously, this is not financial advice and it is for purely educational purposes only...

And until we all go for free holidays ...

Be Healthy and Smile !!!

Posted Using LeoFinance Beta


Few things:

  1. 24% APR is perfectly sustainable for a while, At first, the APR was an 18% paid in AVA for 4-5 months if I remember correctly. Then decided to lower it to a 12% and after studying the market and doing a few projections they decided to double it and give travel credits. The position from the team in that sense is that they made the change also thinking about long term sustainability. So From my side I expect at least 1-2 years of these rates.

  2. Travala wallet is designed for the Smart. You can hold more AVA, yes, but if possible I recommend to store all the excess up from 5K in a separate cold wallet.

  3. Congrats on that ADA trade. Cheers.

  4. Glad to see lots of members around joining the #AVAForce. I'm working on one of their support channels so If you have any doubt don't hesitate to ask. I'm also a long term holder of AVA (since January 2019 approx) and I've seen all the progression of the project. Ask if required!

are you proud of me senpai?

I'm very proud of you darling

Thanks for dropping by. I think that this rewards structure will last a couple of years and then they will "only" give travel credits ... We'll see.

If I have any issues I will reach out.

May the #AVAForce be with us !!!

Is it bad that I haven’t heard of AVA until now 👀
Sounds like a promising project though... perhaps I need a bag!

Well... Now you know ... ;)

Nice, strong move mate. Good job.

Posted Using LeoFinance Beta

Thanks man and thanks the ADA pump !!!

oviously we all want more ava...

a token with a usecase... not nearly as far toards the staking though...i need to get on that...hmmm

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maybe you should do it while it remains cheap... come May and it will skyrocket !!!

Great choice Ilia!
I'm thinking about increasing my smart level too.

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great !!!

what level are you ???

awesomeeee man!! i am really happy for you!

i only got 50 :P

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50 AVAs could get you a nice trip when this shit is over :)

Nicely presented, I think I need me some more AVA's :D

I'm buying slowly into it. At least to reach the level1, where I think level 5 shall be the long term target for every sane person. I do travel normally over 150 days a year for business so this can fuel my AVA account for the long run.

At least a free vacation next to the nice rewards shall come once a year!

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I think Level 5 will be unattainable for most people after the summer.

This is true! Will try to get it as fast as possible, even if I reinvest all the bonus I do from traveling.

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The Travala Dashboard is an amazing application and shows transparently everything someone is interested about its tokenomics. I wish we had something similar also here on Leo Finance with a Leaderboard included.

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Hope some devs read this comment !!!

Welcome to SmartLevel 5. There are not enough AVA out there to give that status to everybody who is interested if traveling is starting again

I am excited to see where it goes once traveling starts again.

I've never been interested in AVA but I should start getting interested and your purchase and information in this post makes me realize it's not too late.
Thanks and !BEER

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Yes, it's not that late.
cheers !!!

Hey @iliasdiamantis, here is a little bit of BEER from @libertycrypto27 for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.