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HTX DAO Completes Over $22.17 Million $HTX Token Burn in Q2 2025, Advancing Decentralized Governance

Published 07/17/2025, 01:21 AM
Updated 07/17/2025, 01:30 AM
HTX DAO Completes Over $22.17 Million $HTX Token Burn in Q2 2025, Advancing Decentralized Governance
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Panama City, Panama, July 17th, 2025, Chainwire


HTX DAO announced the successful completion of its $HTX token burn for Q2 2025 on 15 July. This initiative is a core component of HTX DAO’s ongoing strategy to implement its deflationary mechanism, aiming to enhance the long-term value of $HTX while fostering more stable value expectations for token holders and the broader community.

Token Burn to Enhance $HTX Value

On-chain data confirms the destruction of 11,796,322,511,974.72 $HTX tokens, valued at over $22.17 million. For complete transparency, the burn details are publicly accessible on the blockchain: https://tronscan.org/#/transaction/89e700e02885d0cd5b0d1bc00035a35cad83febb9b8f0e334322312b1444e301

HTX DAO commits to quarterly burns, with 50% of its platform revenue dedicated to this process; the next burn is scheduled for October 15, 2025. Since Q1 2024, HTX DAO has cumulatively burned approximately 72.76 trillion $HTX tokens, representing a remarkable $136 million in value. The consistent scale of these token burns showcases HTX DAO’s effective implementation of its deflationary mechanism and strong confidence in its ecosystem.

The ongoing reduction in circulating supply enables HTX DAO to build a more robust, scarcity-based token economic model that will deliver sustained value to $HTX holders.

Community-Driven Project Listing Channel Launched

Beyond its token burn efforts, HTX DAO is actively advancing decentralized governance.

On July 4, HTX DAO introduced a new listing recommendation channel, empowering users to nominate quality projects through three methods:

  • Creating a dedicated post on the HTX DAO forum;
  • Participating in community discussions within the HTX App;
  • Posting on the X with the hashtag #HTXVoteToList.
    • Following initial screening and a vote by $HTX holders, shortlisted projects will be submitted to HTX for final listing consideration. Results from the first round of this community-driven initiative will be revealed on July 29. As an added incentive, participants in both the recommendation and voting phases will stand a chance to share a prize pool of nearly 10 billion $HTX tokens.

    This mechanism not only empowers community users with a stronger voice, but also marks a pivotal step for HTX DAO towards trading governance. It lays a solid foundation for the grand vision of building a "Free Financial Port".

    HTX DAO reiterates its commitment to decentralization, aiming to enhance community engagement in governance, decision-making, and asset management. By optimizing its deflationary mechanism and strengthening community governance, HTX DAO seeks to establish a user-driven, sustainable, and fully decentralized financial ecosystem for global users.

    About HTX DAO

    As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO.

    Contact Information

    Website: www.htxdao.com

    Email Address: media@htxdao.com


    Contact
    Damon
    glo-media@htx-inc.com

    This article was originally published on Chainwire

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