HTX DAO Burns 11.79 Trillion Tokens Worth $22.17 Million

HTX DAO, a decentralized autonomous organization, has successfully completed its $HTX token burn for the second quarter of 2025. This initiative, announced on July 15, is part of HTX DAO's ongoing strategy to implement a deflationary mechanism, aimed at enhancing the long-term value of the $HTX token and fostering more stable value expectations for token holders and the broader community.

On-chain data confirms the destruction of 11,796,322,511,974.72 $HTX tokens, valued at over $22.17 million. The details of the burn are publicly accessible on the blockchain, ensuring complete transparency. HTX DAO is committed to quarterly burns, with 50% of its platform revenue dedicated 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 remarkable $136 million in value. The consistent scale of these token burns showcases HTX DAO's effective implementation of its deflationary mechanism and strong confidence in its ecosystem.

The ongoing reduction in circulating supply enables HTX DAO to build a more robust, scarcity-based token economic model that will deliver sustained value to $HTX holders. This deflationary mechanism is designed to create a more stable and valuable token over time, benefiting both current and future holders.

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. Results from the first round of this community-driven initiative will be revealed on July 29. As an added incentive, participants in both the recommendation and voting phases will stand a 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.