We’ve accomplished our first Q1 2025 $HTX token burn. This announcement decreased our overall token supply by 15% from the quarter prior. The extensive burn resulted in 11,338,023,612,750.992 $HTX tokens—worth more than US$19.2 million—being permanently removed from circulation. HTX DAO has been deliberate about ensuring that we’re deflationary. This move is an important step towards fulfilling their promise of being a transparent, community-oriented Web3 financial hub.
HTX DAO is a multi-chain deployed decentralized autonomous organization that showcases a unique governance model. It calls for transparency and emboldens every DAO member to put forward new concepts. The nonprofit is focused on creating a more open, community-led Web3 financial center. HTX DAO’s focus on maintaining its deflationary model never wavered even with a choppy market landscape.
The Q1 burn brings the total burned so far to about 60.97 trillion $HTX tokens. As a result, the value is over $114 million USD cumulatively. Fifty percent of the revenue produced from the HTX exchange is allocated to burning $HTX tokens. Such a firm commitment only serves to strengthen the deflationary model as a core element of its tokenomics.
To streamline and strengthen community engagement, HTX DAO released its $HTX Holding-Based Voting Tool. Combined with the fact that stakeholders can directly impact how the DAO acts with this tool, it creates a richer, more democratic ecosystem.
Looking ahead, HTX DAO intends to introduce vote-to-earn incentives in subsequent quarters. The aim is to incentivize stakeholders to engage as early and often as possible in a new collaborative process of decentralized governance. This collaborative effort brings local residents together to get involved in an impactful way. With your help, we’ll craft something amazing with the future of the DAO!
HTX DAO routinely performs quarterly $HTX token burns. As a result, this process redistributes majority value from the ecosystem and puts the long-term interests of token holders first. In doing so, the burns reduce the overall token supply, increasing the tokens’ scarcity. This move could help increase the price of the $HTX tokens still in circulation.
