HeviloDePIN, a DePIN aggregator that enables users to earn by monetizing idle (computing) resources across multiple DePINs (decentralized physical infrastructure networks), announced the implementation of a buyback and burn of its second HVLO token.
A portion of the company’s revenues were allocated back for the purpose of buying back USD HVAC 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 of USD HVAC was burned in this round. After this second burn, there is now $9,986,367,747.51 left in supply.
The quarterly buyback and burn program creates a clear link between Hivello’s business performance and the state of its premium economy. The initiative aims to reward community members who actively participate in the network and support the long-term value of $HVLO by gradually reducing supply.
“Every buyback and burn is another step towards ensuring HVLO grows alongside the Hivelo ecosystem.” said Dominic Carosa, Co-Founder and Chairman of Hivello. “Our goal is to continue building in a way that supports both adoption and sustainability, while continuing to put our community first.”
About HIFILO:
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 removes the technical hurdles that many users face when trying to join these networks, and allows users to earn passive income by replenishing their idle computers. We aim to create a simple application that allows users to contribute their computer resources and earn passive income, without requiring technical knowledge. It’s as easy as downloading, installing and running the nodes, making complex technologies accessible and useful to everyone.
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