HTX DAO has commenced its first community governance voting round on July 23, 2025, inviting participants to partake in a substantial 10 billion $HTX prize pool.
Governance Structure and Initial Proposals
HTX DAO's governance structure was established through the HIP-001 proposal, aimed at fostering community-driven decision making. The first voting phase includes eight projects, such as Mira and MONAD, emphasizing a **community-centric** approach. The prize pool of **10 billion $HTX tokens** serves as an incentive for participation.
Immediate and Long-term Impacts
The initiative's immediate effect is expected to reflect within the HTX ecosystem. Participants staking $HTX tokens via TRONLINK can directly influence **project listings**. A **major token burn** earlier this year has already impacted token scarcity and market perception.
Importance of Community Engagement
As interest in the voting process grows, the community will monitor potential broader market implications. Increased community engagement, incentivized by rewards for voter participation, marks a significant step towards **greater decentralized governance**.
With the initiation of the voting process, HTX DAO takes a significant step towards decentralized governance, encouraging active community participation and consideration of user opinions in decision-making.
