#HTX DAO burns over $22 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, valued at over $22.47 million. The burn was executed on-chain, ensuring transparency. Since Q3 2024, HTX DAO has transitioned from donating tokens for liquidity to directly burning them, enhancing burn efficiency and stabilizing ecological development. To date, the cumulative value of $HTX and TRX tokens donated and burned has reached $95.22 million. HTX DAO will burn 50% of Huobi HTX revenue each quarter, with the next burn scheduled for April 15, 2025. This burn mechanism effectively enhances the long-term value of $HTX, fosters the sustainable development of the HTX DAO ecosystem, and bolsters 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, with a total value exceeding $22.47 million. The burn was executed on-chain, ensuring transparency and openness, and users can view the details through the transaction hash. Notably, starting from Q3 2024, HTX DAO has shifted from donating part of the tokens for liquidity to directly burning them, aiming to enhance burning efficiency and stabilize ecological development. To date, HTX DAO has accumulated over $95.22 million in donated and burned $HTX and TRX tokens. According to the plan, HTX DAO will burn 50% of Huobi HTX's revenue every quarter, with the next burn scheduled for April 15, 2025. This burn mechanism effectively enhances the long-term value of $HTX, promotes the sustainable development of the HTX DAO ecosystem, and strengthens community confidence.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
HTX DAO enhances its long-term value by burning HTX tokens and promotes the sustainable development of the ecosystem.
HTX DAO burns 50% of Huobi HTX revenue every quarter, effectively strengthening community confidence in HTX DAO.
The burning mechanism of HTX DAO raises the platform water level and lays the foundation for future development.
The burning plan of HTX DAO is transparent and open. Users can check the details through transaction hash.