HTX DAO Completes Over $22.17 Million $HTX Token Burn in Q2 2025, Advancing Decentralized Governance
2025-07-17 02:32:32
Main Idea
HTX DAO completed its Q2 2025 $HTX token burn, destroying 11.79 trillion tokens worth over $22.17 million, as part of its deflationary strategy to enhance long-term token value and community stability.
Key Points
1. HTX DAO burned 11,796,322,511,974.72 $HTX tokens on 15 July 2025, valued at over $22.17 million, as part of its quarterly burn initiative.
2. 50% of HTX DAO's platform revenue is dedicated to token burns, with the next burn scheduled for October 15, 2025.
3. Since Q1 2024, HTX DAO has cumulatively burned approximately 72.76 trillion $HTX tokens, representing $136 million in value.
4. HTX DAO launched a community-driven project listing channel on July 4, allowing users to nominate projects through forum posts, app discussions, and $HTX holder votes.
5. Shortlisted projects from the community initiative will be submitted to HTX for potential listing, with a prize pool of nearly 10 billion $HTX for participants.
Description
Panama, 17 July 2025 – 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. ...
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