HTX DAO announced the completion of its $HTX token burn for Q2 2025, an initiative aimed at improving the long-term value of the token.
Token Burn to Enhance $HTX Value
On July 15, 2025, HTX DAO completed the burn of 11,796,322,511,974.72 $HTX tokens, valued at over $22.17 million. Burn details are publicly available on the blockchain, ensuring transparency in the process. HTX DAO plans to conduct quarterly burns, dedicating 50% of its revenue to this effort. The next burn is scheduled for October 15, 2025. Since Q1 2024, HTX DAO has burned approximately 72.76 trillion $HTX tokens, totaling $136 million in value.
Community-Driven Project Listing Channel
In addition to the token burn, HTX DAO is advancing decentralized governance. On July 4, a new project listing recommendation channel was introduced, allowing users to nominate quality projects through various methods: creating dedicated posts on the HTX DAO forum, participating in discussions on the HTX App, and posting on X with the hashtag #HTXVoteToList. Shortlisted projects will undergo initial screening and voting by the community, with results to be revealed on July 29.
About HTX DAO
HTX DAO functions as a decentralized autonomous organization, showcasing an innovative approach to governance. Unlike traditional corporate structures, HTX DAO employs a decentralized governance model composed of a diverse group of participants committed to the organization’s success. This unique ecosystem encourages open proposals from all members, fostering the development of HTX DAO.
The token burn and new initiatives by HTX DAO aim to advance decentralized governance and create a sustainable financial ecosystem focused on user engagement.
