On April 15th, according to the official announcement of the HTX DAO, the 2025 Quarter 1 $HTX token destruction plan has been successfully completed on April 15th. According to the on-chain data, a total of 11,338,023,612,750.992 $HTX was destroyed this time, with a total value of over 19.2 million US dollars. According to statistics, as of now, the HTX DAO has destroyed about 60.97 trillion $HTX, which is worth about 114 million US dollars, aiming to gradually increase the long-term value of the token through a deflationary mechanism.
According to the HTX DAO governance mechanism, 50% of Huobi HTX 2025 Quarter 1 revenue will be withdrawn for token destruction. The destruction funds are mainly executed through Sun.io channels, and public and transparent records are completed on the chain. Users can check the specific destruction details through the transaction hash. See the link.
At the same time, the HTX DAO position voting tool has been launched recently, allowing users to participate in community governance and proposal voting by holding $HTX. In the future, HTX DAO will continue to enhance community consensus, help ecological prosperity, and build an autonomous financial ecosystem with users in the Web3 era.
HTX DAO completes 2025 Quarter 1 token destruction, totaling over 11.30 trillion $HTX
2025-04-15 09:34:19
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