HTX DAO announced the completion of the burn of its token #HTX corresponding to the fourth quarter of 2024. This burn process was for a total value exceeding US$22 million. The burn was conducted on-chain to ensure transparency, and users can verify the details of the burn through the transaction hash.
The portion of HTX tokens previously used for liquidity commitments is now being burned directly. This change is expected to substantially increase the efficiency of the burn and support the long-term appreciation of HTX's value.