Amidst the rising market, the cryptocurrency exchange HTX announced a set of initiatives to enhance investor engagement and maximize returns.
Burning $HTX: Increasing Scarcity and Value
In early October, HTX DAO announced its shift to a burn mechanism, where the total pledged and burned funds reached $72.75 million. This reduces the circulating tokens, increasing scarcity and supporting the long-term market cap of $HTX.
“One Token, Dual Gains” Program
According to HTX's plan, users will be able to leverage $HTX for both Earn and PrimePool products to earn dual rewards. Set to launch in December, this initiative aims to increase capital utilization efficiency and reduce asset management costs.
Participation in PrimePool and Token Demand
Introducing the opportunity to participate in PrimePool events with $HTX presents new user benefits. They can earn new tokens simply by holding $HTX, enhancing asset value and demand on the platform.
With all updates and strategies in consideration, HTX aims to strengthen $HTX's position as a long-term investment tool, attracting more investors through innovative approaches.
