TechFlow news, on July 15, according to an official announcement from HTX DAO, the $HTX token burn plan for Q2 2025 was successfully completed on July 15. On-chain data shows that a total of 11,796,322,511,974.72 $HTX tokens were burned in this round, with a total value exceeding $22.17 million, representing a 15% increase quarter-on-quarter. So far, the cumulative amount of $HTX tokens burned and donated has reached 9.2% of the total issued supply.
To date, HTX DAO has cumulatively burned approximately 72.76 trillion $HTX tokens, valued at around $136 million, aiming to gradually enhance the token's long-term value through a deflationary mechanism.
It is reported that HTX DAO’s decentralization process has advanced rapidly recently, officially launching its project listing recommendation channel. Community users can now recommend high-quality projects through multiple channels. After preliminary screening and voting by $HTX holders, winning projects will be submitted for review by Huobi HTX Exchange and may be listed. This mechanism not only grants greater decision-making power to community members but also marks a key step forward in exchange governance for HTX DAO, serving as an important milestone toward its vision of becoming a "free financial port."
