Hivello has completed its second $HVLO token buyback and burn, permanently removing 5.7 million tokens from circulation. The initiative, part of its quarterly program launched in May 2025, links company performance with token value while supporting long-term sustainability and community growth. The circulating supply now stands at 9.98 billion $HVLO.
Hivello, a DePIN aggregator that enables users to earn by monetizing idle (computing) resources across multiple DePINs (Decentralized Physical Infrastructure Networks), has announced the execution of its second $HVLO token buyback and burn.
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.”
The buyback and burn program is designed to align the value of $HVLO with Hivello’s continued success and the growing DePIN ecosystem. By reducing the circulating supply, this initiative not only helps increase scarcity but also incentivizes long-term holders and community members who are invested in the project’s future. As the platform continues to grow, the ongoing burns will play a crucial role in supporting the overall tokenomics and enhancing the value proposition for $HVLO holders.
Hivello’s approach of integrating token supply reduction with company performance sets it apart in the rapidly expanding DePIN market. The ability to earn passive income through decentralized infrastructure networks, combined with a transparent and community-focused model, gives users an easy entry point into a growing and lucrative sector.
Looking ahead, Hivello remains committed to building a user-friendly platform that enables everyone, from tech-savvy individuals to beginners, to take part in DePIN networks. The future plans include expanding the platform’s offerings, improving usability, and continuously rewarding users who help grow the ecosystem.
This second buyback and burn represents a continued commitment to Hivello’s mission of empowering users, supporting long-term growth, and driving innovation in the DePIN space.
About Hivello :
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.We 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.
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Source: 5.7M $HVLO Burned as Hivello Executes Second $HVLO Buyback & Burn
