#HTX DAO completes token burn#
Hot Topic Overview
Overview
HTX DAO completed its Q4 2024 $HTX token burn plan on January 15, 2025, burning over 9.9 billion $HTX tokens, worth over $22.47 million. This burn was executed on-chain, ensuring transparency and openness. Starting from Q3 2024, HTX DAO switched from donating a portion of its tokens for liquidity to direct burning, aiming to enhance burn efficiency and stabilize ecosystem development. To date, the total value of burned $HTX and TRX tokens has reached $95.22 million. HTX DAO will burn 50% of Huobi HTX revenue every quarter, with the next burn expected to take place on April 15, 2025. This burn mechanism effectively enhances the long-term value of $HTX, promotes sustainable development of the HTX DAO ecosystem, and strengthens community confidence.
Ace Hot Topic Analysis
Analysis
HTX DAO completed the Q4 2024 $HTX token burn on January 15, 2025, burning a staggering 9,982,673,247,009.8082 tokens, worth over $22.47 million. This burn was executed on-chain, ensuring transparency and public accountability. Notably, HTX DAO switched from allocating part of the tokens for liquidity donations to direct burning starting from Q3 2024, boosting burn efficiency and stabilizing ecosystem development. To date, HTX DAO has burned a combined value of $95.22 million in $HTX and TRX tokens. As per the plan, HTX DAO will burn 50% of Huobi HTX revenue each quarter, with the next burn scheduled for April 15, 2025. This burn mechanism effectively enhances the long-term value of $HTX, propels the sustainable development of the HTX DAO ecosystem, and strengthens community confidence.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
HTX DAO destroys 50% of Huobi HTX revenue every quarter, effectively enhancing the long-term value of $HTX.
HTX DAO has changed the tokens originally used for liquidity donations to direct destruction, improving destruction efficiency and stabilizing ecosystem development.
HTX DAO's token destruction mechanism has enhanced community confidence and promoted the sustainable development of the ecosystem.
HTX DAO's token destruction plan is transparent and open, and users can check the details through the transaction hash.