HTX DAO's Q1 2025 Token Burn Exceeds 11.3 Trillion $HTX: Building a Web3 Autonomous Financial Ecosystem Through Deflationary Mechanisms
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HTX DAO's Q1 2025 Token Burn Exceeds 11.3 Trillion $HTX: Building a Web3 Autonomous Financial Ecosystem Through Deflationary Mechanisms
In the future, HTX DAO will continue to advance diversified governance practices, enabling every $HTX holder to become a decision-making node within the ecosystem and work together with global users to build an open, transparent, and mutually beneficial Web3 autonomous financial ecosystem.
Navigating Web3 tides with focused insightsAccording to the official announcement from HTX DAO, on April 15, HTX DAO officially completed its Q1 2025 $HTX token burn plan. According to on-chain data, a total of 11,338,023,612,750.992 $HTX tokens were burned this quarter, with a total value exceeding $19.2 million.
In the first quarter of 2025, Bitcoin dropped from a high of nearly $110,000 to $70,000, correcting over 30%. According to CoinGecko data, the average daily trading volume across the entire cryptocurrency market declined from $200.7 billion to $146 billion, a drop of 27%. Amid this overall downturn, HTX's quarterly burn volume decreased by only 15%. Moreover, during this market trough, HTX DAO still carried out the $HTX burn as scheduled—demonstrating not only its consistent commitment to ecosystem incentives but also laying a solid foundation for a virtuous cycle between token value and ecological growth.
Announcement details:https://htxdao-1.gitbook.io/announcement-cn
50% Burn Mechanism Steadily Executed with On-Chain Transparency
Since the launch of HTX DAO’s deflationary mechanism, the total circulating supply of $HTX has steadily decreased, gradually tightening market supply and providing effective support for its medium- and long-term value. This burn marks the third full token burn since the mechanism was adjusted. Based on historical data, HTX DAO has cumulatively burned approximately 60.97 trillion $HTX tokens to date, with a total value reaching about $114 million.
Per HTX DAO’s governance rules, 50% of Huobi HTX’s quarterly revenue is allocated toward token burning. Currently, HTX DAO conducts burns primarily via the Sun.io platform. Users can verify specific burn details through the on-chain transaction hash, ensuring transparency and fairness, truly achieving "on-chain traceability across the asset’s full lifecycle."
$HTX Holding-Based Voting Tool Launches, Accelerating Community Autonomy
Notably, the $HTX holding-based voting tool officially launched on April 7, offering token holders a more convenient and efficient channel to participate in community governance. Any community member can obtain voting rights proportional to their $HTX holdings in their TRON LINK wallet and cast votes on proposals via the HTX DAO official website. The first two HIP governance proposals have already passed voting: the "HTX DAO Council Governance Mechanism Proposal" and the "Proposal to Launch HTX DAO’s Official Interview Series ‘DAO You Please Stay.’"
As disclosed in the HTX DAO governance roadmap, the platform plans to introduce a series of "vote-to-earn" incentive measures combining fee rebates and governance rewards to encourage active participation in decentralized governance, continuously enhance user engagement, and advance the transition from "centralized platform decision-making" to "decentralized user autonomy."
Evolving the People’s Exchange: Making $HTX a Force for Change
As an ecosystem participant within HTX DAO, Huobi HTX is actively advancing decentralized governance mechanisms through concrete actions. Leveraging transparent on-chain operations and a community-driven governance framework, it continues to explore practical pathways toward becoming a "People’s Exchange." As HTX DAO’s ecosystem governance token, each $HTX burn not only delivers tangible returns to community members but also represents a key step in practicing long-termism and fostering a healthy, self-sustaining ecosystem.
Looking ahead, HTX DAO will continue promoting diversified governance practices, empowering every $HTX holder to become a decision-making node in the ecosystem, and working together with users worldwide to build an open, transparent, and mutually beneficial Web3 autonomous financial ecosystem.
About HTX DAO
As a multi-chain decentralized autonomous organization (DAO), HTX DAO presents an innovative governance model. Focused on exchange-based DAOs and the development of a financial freeport ecosystem, it explores new paradigms that integrate CeFi and DeFi, such as listing governance. Unlike traditional corporate structures, it adopts a decentralized governance framework composed of diverse participants, all jointly committed to the organization’s success. Its unique ecosystem promotes open values, encouraging all participants to propose ideas that drive HTX DAO forward.
Contact
Website:www.htxdao.com
Email:media@htxdao.com
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