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HTX DAO completed token destruction in the first quarter of 2025, totaling more than 11.3 trillion $HTXs

On April 15, according to the official announcement of HTX DAO, the $HTX token destruction plan for the first quarter of 2025 was successfully completed on April 15. According to on-chain data, a total of 11,338,023,612,750.992 $HTXs were destroyed this time, with a total value of more than 19.2 million US dollars. According to statistics, so far, the HTX DAO has destroyed a total of approximately 60.97 trillion $HTXs, worth approximately US$114 million. It aims to gradually increase the long-term value of the tokens through a deflation mechanism. This destruction is based on the HTX DAO governance mechanism, and 50% of Huobi HTX's revenue in the first quarter of 2025 will be used for token destruction. The destruction of funds is mainly carried out through Sun.io channels, and open 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, proposal voting, etc. by holding $HTX positions. 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.

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