In early July, HTX DAO officially released the HIP-005 proposal regarding the token listing and delisting governance mechanism. This signifies a shift to more active community involvement in decision-making.
Transition to Deep Governance
With the launch of the new proposal, the community will have the opportunity to participate in asset management processes on the platform. This marks a transition from passive observation to active participation, adding an element of consensus in the economic model of the $HTX token.
Incentivizing Governance Participants
Among the innovations is the ability for community members to earn rewards for participating in token recommendations. When a recommended project is successfully listed, users may receive cashback and other bonuses, encouraging more active involvement in governance.
Changing Governance Models with DAO
The HTX DAO proposal not only changes governance rules but also promotes overall transparency and user participation in decision-making. This creates a new governance structure where the community's voice will shape the future of the platform.
The launch of the HIP-005 mechanism by HTX DAO opens new opportunities for the exchange community. This focus on deep governance may serve as an example for other centralized exchanges, demonstrating that DAO can enhance transparency, user involvement, and asset quality.
