It is reported that HTX DAO's token burn plan for the next quarter will take place on April 15, 2025. At that time, the amount to be burned will be determined based on the revenue situation of the first quarter of 2025.
According to the official announcement from HTX DAO, on January 15, 2025, HTX DAO officially completed the $HTX token burn plan for the fourth quarter of 2024, with a total of 9,982,673,247,009.8082 $HTX burned, totaling over $22.47 million in value. This burn was still executed on-chain to ensure transparency, and users can check the specific burn details through the transaction hash.
Announcement details: https://htxdao-1.gitbook.io/announcement-cn
Strategy readjustment, total burn amount reaches a new high
Previously, based on the opinions of the HTX DAO governance committee and the community, HTX DAO made significant adjustments to the burn mechanism in the third quarter of 2024: part of the tokens originally intended for liquidity donations were also changed to direct burns. This move will significantly enhance burn efficiency and contribute to the long-term value growth of the $HTX token.
This burn is the second execution of the full token burn plan following the adjustment of the burn mechanism. According to statistics, the total burn amount of $HTX by HTX DAO in 2024 reached 49.63 trillion tokens, with a cumulative value of donations and burned tokens amounting to approximately $95.22 million. This reflects HTX DAO's commitment to fulfilling its token deflation promise and demonstrates its determination to continuously strengthen community consensus and promote sustainable ecological development.
Implementing the burn plan, focusing on long-term development
According to the established burn plan, HTX DAO will burn 50% of the revenue from Huobi HTX each quarter. This mechanism fully responds to the community's expectations for token value management and further consolidates HTX DAO's credibility and transparency in ecological governance.
The implementation of the regular burn plan not only promotes the positive development of the $HTX deflation mechanism but also significantly enhances the confidence of community members. By reducing the circulation of $HTX tokens, it effectively balances supply and demand, stabilizing secondary market prices and increasing the attractiveness of long-term token holding.
The HTX DAO committee stated that the continued implementation of the burn plan not only makes the $HTX token scarcer but also provides a more stable long-term investment return for platform users and investors through the improvement of ecological circulation.
Practicing community consensus, building a sustainable ecological future
As the platform's services continue to optimize and the user base expands, the value and significance of the quarterly burn plan will become more pronounced. It is reported that HTX DAO's token burn plan for the next quarter will take place on April 15, 2025. At that time, the amount to be burned will be determined based on the revenue situation of the first quarter of 2025.
Since its establishment, HTX DAO has always centered on user interests, committed to building a transparent, efficient, and dynamically powerful blockchain ecosystem. In the future, HTX DAO will continue to listen to community voices, improve governance mechanisms, and practice sustainable development strategies through transparent governance and efficient ecological management, creating long-term value for users and the community. HTX DAO looks forward to working with ecological partners and global users to create a more stable, open, and vibrant blockchain future.
About HTX DAO
As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO showcases an innovative governance model. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of diverse groups, working together to promote the success of the organization. Its unique ecosystem advocates open values and encourages all ecological participants to propose suggestions that can facilitate the development of HTX DAO.
Contact Information
Official website: www.htxdao.com
Email: media@htxdao.com
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