We have officially executed our second $HVLO token buyback and burn.
The Numbers
A portion of company revenue has once again been set aside for the purpose of repurchasing $HVLO from the open market and permanently removing it from circulation as part of the buyback and burn program, which was first introduced in May 2025. 5,702,689.92538519 $HVLO were burned in this round. After this second burn, there is now 9,986,367,747.51 $HVLO left in the supply.
The quarterly buyback and burn program establishes a clear link between Hivello's business performance and the state of its token economy. The initiative aims to reward community members who actively participate in the network and support the long-term value of $HVLO by progressively reducing supply.
“Each buyback and burn is another step toward ensuring HVLO grows hand in hand with the Hivello ecosystem,” said Domenic Carosa, Co-Founder & Chairman of Hivello. “Our goal is to keep building in a way that supports both adoption and sustainability, while continuing to put our community first.”
About Hivello
Hivello acts as an aggregator for DePIN projects, offering users a unified platform to participate in multiple DePIN networks. This allows individuals to contribute idle device resources, manage participation, and mine across various DePINs, making it easier for both newcomers and experienced users to earn rewards and generate revenue. By streamlining this process, Hivello empowers a broader audience to engage with and benefit from decentralized technologies.