PANews reported on April 15 that according to the official announcement of HTX DAO, the $HTX token burn plan for the first quarter of 2025 was successfully completed on April 15. Based on on-chain data, a total of 11,338,023,612,750.992 $HTX tokens were burned, with a total value of over $19.2 million. According to statistics, HTX DAO has cumulatively burned approximately 60.97 trillion $HTX tokens so far, valued at around $114 million, aiming to gradually enhance the long-term value of the token through a deflationary mechanism.

This burn was based on the HTX DAO governance mechanism, extracting 50% from Huobi HTX's first-quarter 2025 revenue for token burning. The burn funds were primarily executed through the Sun.io channel and completed with a transparent on-chain record. Users can query the specific burn details through the transaction hash.

Meanwhile, the HTX DAO holding voting tool has recently been launched, supporting users to participate in community governance and proposal voting by holding $HTX. In the future, HTX DAO will continue to enhance community consensus and support ecological prosperity, co-building a Web3 era of self-governed financial ecology with users.