According to ChainCatcher, HTX DAO has officially released its governance token white paper, which complies with the EU's Crypto Asset Market Regulation (MiCA, Regulation (EU) 2023/1114). This marks a further alignment of HTX DAO with mainstream global regulatory frameworks in terms of information disclosure, governance standards, and compliance transparency. HTX DAO stated that it will continue to advance its governance practices within the compliance framework, providing users with a clearer, safer, and more verifiable information environment, and steadily building a more transparent HTX DAO ecosystem.
HTX DAO, supported and initiated by Huobi HTX and TRON, is a decentralized autonomous organization jointly participated in by community members, early contributors, and global advisors. It is committed to building an open governance ecosystem that is user-driven, transparent in rules, and highly efficient in collaboration. Adhering to the principle of "holding tokens is governance," HTX DAO has gradually implemented voting-based token listing governance and token burning mechanisms. Latest data shows that HTX DAO has cumulatively burned 99.49 trillion $HTX, nearly 10% of the total issuance, with a total value of approximately $186 million.
