TechFlow News, according to the official announcement from HTX DAO, the $HTX token burn plan for the fourth quarter of 2024 was successfully completed on January 15, 2025. A total of 9,982,673,247,009.8082 $HTX tokens were burned this quarter, with a total value exceeding $22.47 million. This burn was executed on-chain to ensure transparency and openness. Users can review detailed information via the following transaction hash:
https://tronscan.org/#/transaction/8ad0ca50e82add2592767eaaa7ee20d69970065a81892247be8cb4de70966848
Based on recommendations from the HTX DAO committee and community feedback, starting from the third quarter of 2024, tokens previously allocated for liquidity donations have been redirected toward direct burns to improve burn efficiency and stabilize ecosystem development. To date, the cumulative value of donated and burned $HTX and TRX tokens has reached $95.22 million.
HTX DAO commits to burning 50% of Huobi HTX's quarterly revenues every quarter. The next burn is expected to take place on April 15, 2025. This mechanism continues to enhance the long-term value of $HTX, promote sustainable growth within the HTX DAO ecosystem, and strengthen community confidence.
