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Travala's rewards dropped to 12% APY - Just pulled MY BEP pool (temporarily)

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@revise.leo
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Travala are trying to put a positive spin on it, but cutting rewards from 24% APY to 12% APY is a bit of a shaft for early adopters who bought a lot of tokens on the basis of the former perpetual rewards.

They're also lowering the thresholds for each SMART level - so Level 1 is now 250 AVA, level 2 is 500 and so I guess level 3 1250? and so on.....

And they're refunding everyone the difference.

I figure this is going to mean a short term sell-off, especially from those who bought-in when AVA was selling at well below $1.

So I just pulled my BEPSWAP pool with RUNE - you might want to do the same if you've got one going - if you want more AVA you may as well wait until it bottoms rather than getting your RUNE sucked out of your account as people swap AVA for it!

I still think the future is positive for AVA, as they are doing partly because of the SUCCESS of the membership programme, but in the short term I can only see the price going down?!?

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