💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
Avalon Labs acquisition and burned 13.95 million AVL worth 1.88 million USD
Avalon Labs has completed the acquisition and burning of 13.95 million AVL tokens with a total value of 1.88 million USD, carried out on Bybit since June 2025 at an average price of 0.1347 USD/AVL.
All capital comes from monthly protocol revenue, reflecting the stable usage level of the platform. As of now, Avalon has burned a total of 93.95 million AVL, equivalent to 37% of the circulating supply.
This move demonstrates a long-term commitment to increasing sustainable value for the AVL community and ecosystem.