TechFlow news, on February 2nd, the HTX DAO 2024 and People's Exchange launch ceremony was held in Singapore. Sun Yuchen, core supporter of HTX DAO and member of the Huobi HTX Global Advisory Committee, attended the event and delivered a keynote speech. He stated that HTX DAO will give Huobi HTX a second life, leading its development over the next decade through decentralized governance, enabling Huobi HTX to operate sustainably and healthily in perpetuity like the transmission of civilization.
To prevent tragedies such as those seen with FTX and Mt. Gox from recurring, he emphasized that only a decentralized governance model can unlock the ceiling on asset scale amid sustained industry growth and ensure long-term security of users' assets on exchanges. Moreover, only through decentralization can the blockchain and exchange industry reach trillions of dollars in asset scale. HTX DAO will lead industry evolution and establish a new paradigm for safeguarding user asset security in the exchange sector.
