Fresh news in the crypto world! 🚀 The Avalanche Foundation has completed the buyback of 1.97 million AVAX tokens from the defunct Luna Foundation Guard (LFG). Although LFG bought these tokens to support the Terra ecosystem, Terra's collapse changed the landscape.

- Avalanche paid $45.5M, but they are now worth $53M.

- The buyback aims to strengthen the sustainability of the Avalanche ecosystem.

- The tokens will be allocated to initiatives such as scholarships and events.

What do you think of this move? Let us know your comment!