The people's exchange, governed by the people! Huobi HTX launches its first-ever voting campaign to select new listings, and rolls out a massive $50,000 HTX prize pool for the second phase of the ultimate bull market trading competition.
TechFlow Selected TechFlow Selected
The people's exchange, governed by the people! Huobi HTX launches its first-ever voting campaign to select new listings, and rolls out a massive $50,000 HTX prize pool for the second phase of the ultimate bull market trading competition.
In this brand-new era, holding $HTX is equivalent to owning an exchange.
Navigating Web3 tides with focused insightsWinter has passed and spring is here—the bull market has arrived. The "Strongest Bull Market Trading Competition" is one of the key recent initiatives launched by Huobi HTX. This series features daily trading contests focused on the hottest cryptocurrencies in the market, with short durations and generous prize pools. Currently, the second phase of the Strongest Bull Market Trading Competition started at 12:00 PM on March 7. By trading WIF spot, margin, or futures on Huobi HTX, users can share in $50,000 USDT worth of HTX token rewards.
Notably, the trading asset for this event was selected through community voting—marking the first trial of the principle: "The people's exchange, governed by the people," truly listening to user feedback. It’s reported that the upcoming third phase will feature DOGE, the top-voted cryptocurrency.
The People's Exchange, Governed by the People! First-Ever Voting-Based Asset Selection Is Here!
As the first exchange empowered by HTX DAO, Huobi HTX has begun its journey toward decentralized governance—"The people's exchange"—granting Huobi HTX a second life.
With the launch of the Strongest Bull Market Trading Competition series, "The people's exchange" has moved from slogan to reality. The selection of the trading asset for Phase Two was determined by community voting, marking the first implementation of the principle: "The people's exchange, governed by the people."
Why was WIF chosen as the trading asset for Phase Two?
First, WIF ranked in the top three in the user vote—it reflects the community’s will.
Second, WIF debuted on Huobi HTX two months before other exchanges listed it. This trading competition aims to maintain strong engagement with the WIF community and support users in trading high-potential early-stage projects on Huobi HTX.
Third, WIF reached a new all-time high on March 6, leading the gain charts. Huobi HTX remains committed to delivering premium assets and seamless trading experiences to users.
Empowered by HTX DAO’s decentralized governance, Huobi HTX is resolutely breaking away from centralized control, returning power to every user and enabling them to become true owners of Huobi HTX.
Community voting is just the beginning—$HTX holders will ultimately become the platform’s true owners.
In the future, management and decision-making rights of Huobi HTX will be transferred entirely to HTX DAO and returned to the community. Full empowerment of HTX DAO will realize true democratization of the Huobi HTX exchange.
Returning to Community Self-Governance: An Unwavering Social Experiment, the Gears of Destiny Begin to Turn
From the moment Huobi HTX announced its embrace of decentralization, it declared this a no-turning-back social experiment.
Returning to the original spirit of crypto—uniting people who absolutely defend free will.
Recalling Justin Sun’s long-form post on his personal social media account: “Why should Huobi HTX become the first people’s exchange, the first decentralized exchange?”
“Must centralized exchanges remain centralized? In practice, yes—they almost universally operate in a centralized manner. But just because something has always been done this way, does that make it right? Whether we consider our original ideals or our ultimate goals, exchanges should not be centralized. CZ’s departure from Binance seems to foreshadow the revolution and transformation ahead for centralized exchanges. In the post-CZ era, perhaps all centralized exchange operators must reconsider: What form, what rules, what ideals should guide the ongoing operation of exchanges?”
It’s time to expose all injustice, discrimination, lies, and scams, and revisit Satoshi Nakamoto’s spirit.
All men are born free.
“Looking across the entire industry, centralized exchanges still operate in an extremely centralized way. Huobi HTX should become the first people’s exchange, the first decentralized exchange, the first democratically self-governed exchange—and this will be realized through HTX DAO.”
From the launch of the People’s Card, to the epic-scale airdrop, to $HTX being listed on 17 exchanges—Huobi HTX is sincerely inviting everyone and every force to join in welcoming a new era.
In this new era, holding $HTX means owning a piece of an exchange.
Huobi HTX will continue boldly exploring along the path of “the people’s exchange, built by the people.” Beyond representative elections and community voting for listings, initiatives such as democratic forums and more transparent proof-of-reserves/assets will further advance this vision.
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News
