DAO Cooperative remains steadfast in doing what is difficult but right in its spring journey.

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HTX DAO kiên định làm điều khó nhưng đúng trong hành trình mùa xuân

In spring 2026, DAO Cooperative will implement Staking linked to voting rights, accelerate trillion-dollar Token burning, and expand access to the European market, amidst a crypto market sentiment of "Extreme Fear".

This approach shows that the project prioritizes building governance infrastructure and supply chain discipline rather than pursuing short-term "catalysts." Technical and compliance steps often don't produce immediate effects, but they can shape how the community engages and how Token function in the long term.

MAIN CONTENT
  • HTX DAO launches Staking on TRON, issuing sHTX tokens and implementing a 1 sHTX = 1 vote mechanism; estimated base yield is approximately 5% APY.
  • According to the whitepaper, the initial supply of cooperatives was 999,990,000,000,000; 11.3 trillion cooperatives were burned in Q1/2025, and there is Unconfirmed information about a plan to burn them on April 15, 2026.
  • The project aims to expand its reach to Europe (as reported by Bit2Me) and places a strong emphasis on compliance, including restricting users from the US and countries subject to OFAC sanctions.

Why does the DAO Cooperative emphasize "doing the hard work but doing it right" during this period?

In a low-risk market environment, the DAO Cooperative prioritizes governance integrity and deflationary discipline over announcements aimed at creating short-term price fluctuations.

The phrase "doing the hard work but getting it right" here is expressed in three ways: implementing truly governance-weighted Staking , maintaining the Token burning rate, and expanding compliance-oriented accessibility in Europe.

Market sentiment is clearly indicated by the Fear & Greed Index at 16, falling into the "Extremely Fearful" zone. Under these conditions, new management products tend to attract fewer participants, but those who do participate may be more inclined towards "real users" rather than short-term speculation.

How does cooperative Staking and cooperative governance mechanism work?

HTX DAO implements Staking on the TRON network, where users lock HTX tokens to receive sHTX; each 1 sHTX corresponds to 1 voting right in governance, with an estimated base yield of approximately 5% APY.

The Staking system entered public beta on March 16, 2026, and the official version launched on March 23, 2026, as announced on the announcement page .

The early incentive period offered a 10% APY from 06:30 UTC on March 23rd to 06:30 UTC on April 7th, 2026, but it has since ended and reverted to the base rate of 5%. This time-limited offer attracted initial users but did not "Peg" expectations of sustained high returns.

The 1 sHTX = 1 vote model is described as simple and easy to test. However, this linear mechanism does not automatically prevent voting power from becoming concentrated based on Stake amount.

How large is the supply of cooperatives, and what are the objectives of the Token burning strategy?

According to the whitepaper, the initial supply of the DAO is 999,990,000,000,000 Token; to balance this scale, the DAO pursues a high-burn strategy on a quarterly basis.

The whitepaper states that the cooperative is the Token that underpins the DAO's governance structure, so the size of the supply directly affects how power is allocated and the economic choices Token.

HTX DAO Whitepaper

The whitepaper identifies the initial supply of the cooperative, the Token that forms the basis of the DAO's governance structure.

In Q1/2025, the DAO burned 11.3 trillion VND worth of cooperative bonds, significantly reducing their circulation. Additionally, there is unconfirmed information regarding a planned Q1/2026 burning on April 15, 2026, to maintain a quarterly burning schedule.

The burning mechanism is described as having two effects: reducing supply pressure and signaling that the DAO accepts “destroying” Token rather than letting inflation dilute its governance weight. The article also cites the Token trading around $0.00000175 with a market Capital of approximately $1.6 billion in this context.

Expanding access and the compliance challenge: Europe, limiting the US and countries affected by OFAC.

HTX DAO focuses on a compliance-oriented approach, targeting Europe while simultaneously restricting users from the US and other countries sanctioned by OFAC as outlined in the whitepaper.

Reports suggest that the cooperative officially launched on Bit2Me on March 4, 2026, aiming for European reach, but this information has not been independently verified through Bit2Me's own announcement.

Another Unconfirmed report suggests that from April 1, 2026, HTX will become the sole Token used to offset fees on the Huobi HTX exchange , and users paying fees with HTX will receive a 25% discount. If true, this mechanism could create more sustainable demand compared to purely transactional demand.

The compliance-first approach also comes with trade-offs: excluding large markets like the US could limit the rate of user growth. However, the paper argues that with a DAO building its governance infrastructure, legal clarity in the service area may be more important than expanding “everywhere at once.”

Risks and areas requiring continued monitoring.

DAO Cooperative's spring 2026 steps still face implementation risks, from the reliability of Staking on TRON and the consistency of the burning schedule to the effectiveness of expanding the user base in Europe.

The article emphasizes that offering Staking with a base 5% APY, while many DeFi protocols promote higher yields, could slow down the rate of participation, but in return, create more sustainable expectations. Increasing APY to only 10% for a short period is XEM as a "compromise" to onboard without extending rewards beyond their means.

In terms of operation, the Staking system needs to handle governance voting without encountering centralization flaws. Simultaneously, the burning schedule needs to be consistently maintained to preserve credibility, and expansion through Bit2Me (if implemented) must be reflected in user growth rather than just listing information.

The article also considers the next benchmark to be whether the burning on April 15th (according to Unconfirmed information) will take place as scheduled, and the number of cooperative shareholders who will participate in the initial governance votes.

Summary

During the "Extreme Fear" market phase, the DAO Cooperative focused on implementing voting-based Staking , maintaining its Token burning strategy, and pursuing a compliance-oriented approach in Europe. Long-term impact depends on the level of governance participation, the consistency of the burns, and the ability to convert scaling steps into actual users.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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