HTX DAO announces that Huobi HTX and TRON will become its ecosystem participants
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HTX DAO announces that Huobi HTX and TRON will become its ecosystem participants
Through this ecosystem integration, HTX DAO will apply its leading decentralized governance framework to help Huobi HTX exchange achieve fundamental reforms in governance structure and service model.
Navigating Web3 tides with focused insightsSingapore, January 19, 2024 — HTX DAO today announced that Huobi HTX and TRON will become ecosystem participants. This significant move marks a solid step forward for HTX DAO in advancing the transformation of traditional exchange governance models toward decentralization, while also demonstrating HTX DAO's leadership in the blockchain governance revolution.
Through this ecosystem integration, HTX DAO will apply its leading decentralized governance framework to help the Huobi HTX exchange achieve fundamental reforms in governance structure and service model. This initiative not only enhances transparency and efficiency in blockchain governance for Huobi HTX but also strengthens its capabilities in market insight and community engagement.
HTX DAO will collaborate with Huobi HTX and TRON on a series of innovative initiatives, including marketing campaigns, community rewards, and user feedback mechanisms, aiming to improve the user experience on Huobi HTX and expand its influence in the global digital currency trading market. This collaborative approach will provide Huobi HTX users with more direct participation opportunities, enabling them to play an important role in exchange decision-making and future development.
As builders of HTX DAO, Huobi HTX will contribute 50% of its platform revenue to the HTX DAO ecosystem liquidity pool, while TRON will match 50% of Huobi’s contribution amount, jointly supporting the growth of HTX DAO.
Looking ahead, HTX DAO plans to expand its cooperation scale to support broader development across the entire blockchain industry. The HTX DAO decentralized governance model extends beyond exchanges and blockchain infrastructure; its innovative concepts and practices will also be applied to other sectors and institutions within the blockchain industry, including but not limited to digital asset management, DeFi platforms, and NFT markets.
HTX DAO will actively seek partnerships with leading institutions and innovative projects in the industry to explore the potential applications of decentralized governance across various business domains. These collaborations will be grounded in HTX DAO’s core principles—promoting decentralization, enhancing community participation, and improving governance transparency—to foster healthier and more sustainable development throughout the blockchain ecosystem.
About HTX
Since its founding in 2013, HTX has evolved from a cryptocurrency exchange into a comprehensive blockchain business ecosystem encompassing digital asset trading, financial derivatives, wallets, research, investment, and incubation. HTX serves millions of users worldwide, with operations spanning over 160 countries and regions across five continents. Its three core strategic pillars—"global development, technology-driven growth, and technology for good"—support its mission to deliver comprehensive services and value to crypto enthusiasts around the world.
About TRON
Founded by Justin Sun in September 2017, TRON has achieved numerous milestones since the launch of its mainnet in May 2018. According to TRONSCAN data, as of January 2024, the TRON public chain has surpassed 206 million user accounts, processed over 7 billion transactions, and achieved a total value locked (TVL) exceeding $20 billion. Additionally, TRON-based USDT has surpassed Ethereum-based USDT in circulation, ranking first globally. The TRON network has become a community-governed decentralized autonomous organization (DAO). In October 2022, TRON became the first major public blockchain to partner with a sovereign nation (Dominica) to co-develop blockchain infrastructure, with seven of its tokens granted legal digital currency and tender status in the country.
About HTX DAO
As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO represents an innovative governance model. Unlike traditional corporate structures, it adopts a decentralized governance framework composed of a diverse group of participants, all collectively committed to driving the success of the organization. This unique ecosystem promotes open values and encourages all DAO participants to propose collaborative initiatives and protocol enhancements that advance the development of HTX DAO.
Contact
HTX DAO
www.htxdao.com
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