In early July, HTX DAO officially released the HIP-005 proposal, proposing the establishment of the 'HTX DAO recommendation mechanism for listing and delisting tokens.' The launch of this mechanism marks that HTX DAO has not only completed the construction of the basic governance structure but has also officially entered the 'deep governance phase' focused on core asset management. In this phase, the community will transition from bystanders to decision-makers, participating in the business processes that drive the most value for the exchange, injecting true consensus energy into the $HTX economic model.
From peripheral governance to core business: The significance of DAO participation in asset selection.
$HTX, as the core equity asset of HTX DAO, allows holders to participate in the governance of the Huobi HTX exchange, while $HTX can gain value support from the platform's trading volume and fee income. According to the official economic model, the Huobi HTX platform will use 50% of its revenue for $HTX buyback and destruction every quarter, directly linking 'trading activity' with '$HTX scarcity.'
In other words: The more quality coins that are listed, the more trading volume is generated, and the more the platform can generate higher fee income, which in turn promotes the buyback and destruction of the HTX tokens. This is a clear value closed-loop path.
At the very front end of this value chain is the 'asset listing and delisting' screening mechanism. By introducing the DAO governance mechanism, community members holding $HTX will have the right to recommend, vote, and discuss, bringing truly quality, popular, and consensus-driven projects onto the platform; at the same time, standards can be established to promote the exclusion of coins with low liquidity, high risk, and non-compliance.
This not only enhances the activity and safety of the platform's asset pool but also improves the transparency, fairness, and consensus of the listing process through democratic mechanisms. For the community, this is a progression from 'holding tokens equals holding power' to 'holding tokens equals decision-making.'
Governance mechanism design: From proposals to voting, constructing a closed-loop process.
According to the HIP-005 proposal, this HTX DAO will adopt a phased approach with a pilot mechanism as a priority, gradually establishing a 'recommendation mechanism for listing and delisting tokens,' with the community committee as the core governance entity.
The governance logic of the entire mechanism covers six major processes: proposals, recommendations, initial reviews, public discussions, voting, and execution.
Project recommendations and proposals: Any community member who meets the proposal threshold can submit new coin recommendations or delisting proposals. Recommendations must be accompanied by a standardized data template, including project background, liquidity, community activity, safety assessments, etc.
Committee initial review: Conducted by the DAO committee for preliminary screening to ensure that projects are compliant, safe, and have a certain level of liquidity and community activity.
Public discussion period: All projects that pass the initial review will be publicly released for community members to raise questions, support, or provide supplementary materials to enhance transparency.
$HTX user voting: Users holding $HTX can participate in voting at a certain ratio, with the final results forming a recommendation list or a delisting observation list.
Exchange evaluation and execution: The Huobi HTX platform will make the final judgment based on community results, combined with internal risk control models, technical audits, and compliance requirements.
Subsequent mechanism linkage: including fee incentives, new coin Launchpool, trading competitions, etc., can be initiated jointly by the DAO and project parties to stimulate market vitality.
The entire mechanism will start with 'coin recommendations' and gradually explore the linkage scenarios of 'delisting observation' and 'asset governance,' ultimately moving toward the vision of 'DAO-led asset ecological construction.'
Releasing governance dividends: Empowering the $HTX token, activating the consensus ecosystem.
After the mechanism is implemented, HTX DAO will not only be a governance community but will gradually evolve into an 'ecological curator' for optimizing the asset structure of the Huobi HTX platform.
Directly promoting the value of the $HTX token: The more popular the newly listed tokens are, the higher the fee income, the greater the buyback of $HTX, further enhancing token scarcity. If recommended projects perform well, they may enter ecosystems such as Launchpool, wealth management areas, contracts, etc., creating a chain reaction.
Incentive value for governance users: If recommended projects successfully launch and have active trading, recommenders or voters can expect to receive rewards such as fee rebates and point incentives. Community governance actions will be recorded and will support a 'governance credit mechanism' in the future, which can be used for obtaining Launchpool whitelists, new token airdrops, etc.
Optimization value of platform asset structure: By implementing a dual check of consensus screening and platform risk control, we enhance the quality of listed tokens and reduce issues such as 'zombie coins' and 'exit scams.' The DAO supervises platform behavior to enhance the governance transparency and user trust of Huobi HTX in the industry.
In other words, this mechanism will achieve a feedback loop linking governance rights, trading activity, platform revenue, and token value, initiating an experimental transition from centralized platforms to a 'community co-governance ecosystem.'
DAO enters a deep water zone: Community governance is rewriting the operational logic of exchanges.
The biggest highlight of this proposal by HTX DAO lies not in any single mechanism but in the 'paradigm shift in governance' that it represents.
In the past, the 'listing rights' of exchanges were often highly centralized, and the community could only passively accept the asset decisions made by the platform. However, this governance structure is being rewritten. Through the DAO recommendation system, the Huobi HTX platform is returning part of the 'entry decision-making power' to the community and giving $HTX more practical scenario value.
This is not only an upgrade of governance but also a reconstruction of ecological logic: HTX DAO is becoming part of the platform ecosystem rather than an external appendage. The community's judgment, organizational capacity, and voting enthusiasm will determine whether the future Huobi HTX platform can truly establish a ternary governance structure of 'exchange-community-project parties.'
For the entire industry, this governance path is also highly experimental. It demonstrates that DAOs are not only needed in DeFi, NFTs, and blockchain games; centralized exchanges can also introduce DAO mechanisms to enhance transparency, increase user participation, and improve operational efficiency and asset quality.
This also means that the DAO is no longer just an idealistic concept, but is becoming the core institutional form with the most realistic value and economic incentive mechanisms.
In conclusion: Let governance create value, let consensus become power.
HIP-005 is not just a governance proposal; it is the beginning of a platform consensus path.
It encourages every $HTX holder to think: What assets can I push to launch with the $HTX tokens in my hands, besides voting? Which trading pairs will generate higher fees? Is my voting behavior also empowering my holdings?
In this sense, we expect not only an innovation in the listing process but also a profound transformation led by the DAO that connects platform revenue, asset quality, token value, and governance participation.
The future has arrived; governance is consensus, and consensus is value.
HTX DAO is on its way.
About HTX DAO
As a decentralized autonomous organization (DAO) deployed across multiple chains, HTX DAO showcases an innovative governance approach. Unlike traditional corporate structures, it employs a decentralized governance structure composed of diverse groups, dedicated to driving the success of this organization. Its unique ecosystem advocates open values and encourages all ecosystem participants to propose suggestions that can foster the development of HTX DAO.
Contact information
Official website: www.htxdao.com
Email: [email protected]
