Catenaa, Monday, April 28, 2025- HTX DAO, a decentralized autonomous organization focused on building a transparent Web3 financial ecosystem, has successfully completed its Q1 2025 token burn.
A total of 11,338,023,612,750.992 $HTX tokens, valued at over $19.2 million, were burned during this period, demonstrating HTX DAO’s unwavering commitment to its deflationary strategy amid challenging market conditions.
Despite Bitcoin’s recent volatility and a 27% decline in global crypto trading volume, HTX DAO maintained its quarterly burn, reducing the circulating supply and reinforcing the token’s long-term value proposition.
This marks a 15% decrease in burned tokens compared to the previous quarter, underscoring the DAO’s dedication to sustainable tokenomics.
HTX DAO’s deflationary approach involves allocating 50% of the revenue generated from the HTX exchange to the quarterly token burns.
These transactions are executed transparently via the Sun.io platform, with all activities verifiable on-chain for full accountability. To date, HTX DAO has burned around 60.97 trillion $HTX tokens, worth over $114 million, contributing to a continually decreasing supply.
In addition to the token burn, HTX DAO launched its $HTX Holding-Based Voting Tool, allowing users to participate in governance by voting on proposals.
This initiative furthers HTX DAO’s goal of decentralization, empowering the community to shape the future of the ecosystem. Looking ahead, HTX DAO plans to introduce vote-to-earn incentives to enhance community engagement in governance.
HTX DAO remains focused on fostering inclusivity and long-term alignment, aiming to transform the HTX exchange into a truly decentralized, community-driven platform.
