HVLO Token Buy and Burn: Strengthening the Hivello Ecosystem

Hivello's strategic buyback and burn program aims to bolster HVLO token value and ecosystem health by reducing token supply using network revenue.

Hivello is doubling down on its commitment to long-term stability. Their strategic buyback and burn program, designed to ensure the HVLO token's value within its growing ecosystem, is officially underway.

What's the Deal with HVLO Buy and Burn?

Hivello will continuously buy back $HVLO tokens using revenue generated by the Hivello network, then remove them from circulation through a burn process.

Inaugural Burn Event

The inaugural burn event took place on June 30, 2025, with 13,500,000 HVLO tokens successfully and permanently removed from supply. You can check out all the on-chain records in Hivello’s Discord community.

Why This Matters

This reduction in supply underscores Hivello's commitment to its community and the health of its ecosystem. Domenic Carosa, Co-Founder & Chairman of Hivello, noted that the launch of their buy back & burn program is an important inflection point for Hivello as they move closer to expanded growth and token stability. By consistently reducing the supply of HVLO tokens with revenue generated from their network, they're building a robust foundation that benefits all participants in the Hivello ecosystem.

The Bigger Picture: Ecosystem Strengthening

This program is a core component of Hivello's broader strategy to create a deflationary mechanism for the HVLO token, fostering a healthy and vibrant economic environment for its users and investors. The continuous burning of tokens will contribute to increased scarcity and, in turn, enhance the long-term value proposition of HVLO.

Hivello: DePIN Aggregator

Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks, and allows users to earn passive income by mobilizing their idle computers. They aim to create a simple app that allows users to contribute their computer resources and earn passive income, with no technical knowledge required. It's as easy as downloading, installing, and running nodes, making complex technologies accessible and beneficial to all.

So, there you have it. Hivello's not just talking the talk; they're walking the walk when it comes to building a sustainable and valuable ecosystem around the HVLO token. Keep an eye on this one – it looks like they're just getting started!