#HTX burns over $22.47 million#
Hot Topic Overview
Overview
HTX DAO completed its Q4 2024 HTX token burn plan on January 15, 2025, burning 9,982,673,247,009.8082 HTX tokens, worth over $22.47 million. This is the second quarter in a row where HTX DAO has burned tokens originally intended for liquidity donations, aiming to improve burn efficiency and stabilize ecosystem development. This burn was executed on-chain, ensuring transparency and public accountability. As of today, HTX DAO has burned a total of $95.22 million worth of HTX and TRX tokens. HTX DAO plans to burn 50% of its 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, promotes the sustainable development of the HTX DAO ecosystem, and strengthens community confidence.
Ace Hot Topic Analysis
Analysis
HTX DAO completed its Q4 2024 $HTX token burn plan on January 15, 2025, burning 9,982,673,247,009.8082 $HTX tokens, with a total value exceeding $22.47 million. The burn was executed on-chain, ensuring transparency and openness, and users can access details through the transaction hash. It is worth noting that, starting from Q3 2024, HTX DAO has switched from donating a portion of its tokens to liquidity to directly burning them, aiming to enhance the efficiency of burning and stabilize ecosystem development. To date, the cumulative value of donated and burned $HTX and TRX tokens has reached $95.22 million. HTX DAO burns 50% of its Huobi HTX revenue every 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 its HTX revenue each quarter, effectively enhancing the long-term value of $HTX.
HTX DAO has changed the portion of tokens originally used for liquidity donations to direct burn, increasing burn efficiency and stabilizing ecosystem development.
The burn mechanism of HTX DAO has boosted community confidence and driven sustainable development of the HTX DAO ecosystem.
HTX DAO burned over $22.47 million worth of HTX tokens in the fourth quarter of 2024, bringing the total annual burn to over $100 million.