#HTX DAO burns over $22.47 million#
Hot Topic Overview
Overview
HTX DAO completed its Q4 2024 $HTX token burn plan on January 15, 2025, burning over 9.9 billion $HTX tokens, worth over $22.47 million. This burn is part of HTX DAO's initiative to shift from donating a portion of its tokens for liquidity to direct burning, which began in Q3 2024, aimed at improving burning efficiency and stabilizing ecosystem development. To date, HTX DAO has burned and donated a total of $95.22 million worth of $HTX and TRX tokens. HTX DAO will burn 50% of its Huobi HTX revenue each quarter, with the next burn expected on April 15, 2025. This burning mechanism effectively enhances the long-term value of $HTX, promotes the sustainable development of the HTX DAO ecosystem, and strengthens community confidence.
Ace Hot Topic Analysis
Analysis
HTX DAO completed its Q4 2024 $HTX token burn plan on January 15, 2025, burning 9,982,673,247,009.8082 $HTX tokens, worth over $22.47 million. The burn was executed on-chain, ensuring transparency and allowing users to verify details through the transaction hash. It's worth noting that starting in Q3 2024, HTX DAO shifted from donating a portion of its tokens to liquidity to directly burning them, enhancing burn efficiency and stabilizing ecosystem development. To date, HTX DAO has cumulatively donated and burned $HTX and TRX tokens valued at $95.22 million. HTX DAO will burn 50% of Huobi HTX's revenue each quarter, with the next burn expected on April 15, 2025. This burn mechanism effectively enhances the long-term value of $HTX, drives the sustainable development of the HTX DAO ecosystem, and strengthens community confidence. Notably, the total HTX burn for 2024 has surpassed $100 million, significantly increasing the platform's water level, and its future development is promising.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
HTX DAO burns HTX tokens every quarter, aiming to enhance the long-term value of $HTX and drive the sustainable development of the ecosystem.
HTX DAO allocates 50% of Huobi HTX revenue to token burning, bolstering community confidence.
HTX DAO's burning mechanism effectively enhances the long-term value of $HTX and promotes the sustainable development of the ecosystem.
HTX DAO's burning plan is transparent and publicly accessible, users can check details through transaction hash.