HTX DAO completes token destruction in the first quarter of 2025, with a total of over 11.3 trillion $HTX

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According to ChainCatcher, the HTX DAO official announcement stated that 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 exceeding $19.2 million. According to statistics, HTX DAO has cumulatively burned approximately 60.97 trillion $HTX tokens, valued at around $114 million, with the aim of gradually enhancing the token's long-term value through a deflationary mechanism.

This burn was based on the HTX DAO governance mechanism, extracting 50% from HT's HTX first-quarter income for token burning. The burn funds were primarily executed through the Sun.io channel and recorded transparently on-chain. Users can query specific burn details through the transaction hash.

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