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5.7M $HVLO Burned as Hivello Executes Second $HVLO Buyback & Burn

## Hivello Executes Second $HVLO Token Buyback and Burn

DBy Daniel BrooksOct 16, 20251 min read

Hivello Executes Second $HVLO Token Buyback and Burn

Hivello has completed its second $HVLO token buyback and burn, permanently removing 5.7 million tokens from circulation. This initiative, part of a quarterly program launched in May 2025, is designed to enhance the token's value by linking it to company performance. The circulating supply now stands at 9.98 billion $HVLO.

The program is funded by a portion of company revenue, which is allocated for repurchasing $HVLO from the open market. In this round, 5,702,689.92538519 $HVLO were burned, reducing the total supply to 9,986,367,747.51 $HVLO.

The quarterly buyback and burn program aims to support the token economy by reducing supply, thereby enhancing scarcity and incentivizing long-term holders. The initiative also aims to reward community members who actively participate in the network.

This program aligns $HVLO's value with Hivello's business performance and the growth of the Decentralized Physical Infrastructure Networks (DePIN) ecosystem. By integrating token supply reduction with company success, Hivello distinguishes itself in the DePIN market.

Hivello has completed its second $HVLO token buyback and burn, permanently removing 5.7 million tokens from circulation.
Daniel Brooks · Thehackingpost

Looking forward, Hivello is committed to expanding its platform's offerings, improving usability, and rewarding users who contribute to ecosystem growth. The company aims to facilitate easy participation in DePIN networks, enabling users to earn passive income without technical expertise.

Hivello is an aggregator of DePIN projects, allowing users to engage with multiple networks seamlessly. By simplifying the process of joining these networks, Hivello enables users to earn passive income through idle computing resources. The platform is designed to be user-friendly, requiring minimal technical knowledge.

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Based on reporting by TechBullion.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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