<ul><li>The Avalanche Foundation has agreed to repurchase 1.97 million AVAX tokens sold to Terraform Labs in 2022.</li><li>The repurchase agreement is valued at $46 million, while the current market value of the tokens is $57 million.</li><li>Terraform Labs originally purchased the tokens for $100 million, resulting in losses for the company.</li><li>The repurchase agreement aims to protect AVAX's price from potential liquidation impacts.</li></ul>

Avalanche Foundation Agrees to Buy Back 1.97M AVAX Tokens Sold to Terraform Labs in 2022

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