HTX DAO Burns 11.79 Trillion Tokens Worth 22.17 Million

HTX DAO has successfully completed its $HTX token burn for the second quarter of 2025, marking a significant milestone in its deflationary strategy. The burn, which took place on July 15, involved the destruction of 11,796,322,511,974.72 $HTX tokens, valued at over $22.17 million. This initiative is part of HTX DAO's ongoing efforts to enhance the long-term value of $HTX and provide more stable value expectations for token holders and the broader community.

The details of the burn are publicly accessible on the blockchain, ensuring transparency and accountability. HTX DAO is committed to conducting quarterly burns, with 50% of its platform revenue allocated to this process. The next burn is scheduled for October 15, 2025. Since the first quarter of 2024, HTX DAO has cumulatively burned approximately 72.76 trillion $HTX tokens, representing a value of $136 million. This consistent scale of token burns demonstrates HTX DAO's effective implementation of its deflationary mechanism and strong confidence in its ecosystem.

The reduction in the circulating supply of $HTX tokens enables HTX DAO to build a more robust, scarcity-based token economic model. This model aims to deliver sustained value to $HTX holders by creating a more stable and predictable token economy. The ongoing token burns are a key component of HTX DAO's strategy to achieve this goal.

In addition to its token burn efforts, HTX DAO is actively advancing decentralized governance. On July 4, HTX DAO introduced a new listing recommendation channel, empowering users to nominate quality projects through three methods: creating a dedicated post on the HTX DAO forum, participating in community discussions within the HTX App, and posting on the X with the hashtag #HTXVoteToList. Following initial screening and a vote by $HTX holders, shortlisted projects will be submitted to HTX for final listing consideration. The results from the first round of this community-driven initiative will be revealed on July 29. Participants in both the recommendation and voting phases will have the chance to share a prize pool of nearly 10 billion $HTX tokens.

This mechanism not only empowers community users with a stronger voice but also marks a pivotal step for HTX DAO towards decentralized governance. It lays a solid foundation for the grand vision of building a "Free Financial Port." HTX DAO reiterates its commitment to decentralization, aiming to enhance community engagement in governance, decision-making, and asset management. By optimizing its deflationary mechanism and strengthening community governance, HTX DAO seeks to establish a user-driven, sustainable, and fully decentralized financial ecosystem for global users.

As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO.