HTX DAO
HTX DAO
HTX
HTX DAO Timeline
HTX DAO Token allocation
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- Sep,2024HTX DAO continues its strong growth by expanding partnerships and collaborations within the TRON ecosystem, further integrating decentralized finance solutions and bolstering its governance framework
- Aug,2024HTX DAO introduces dynamic liquidity pledges to enhance the DeFi applications on the platform. This mechanism encourages ecosystem participants to provide liquidity through decentralized pools, boosting DeFi activities.
- Feb,2024The HTX DAO initiates its first governance proposals, which include decisions on liquidity management and community rewards. This period sees the first real engagement of the token holders in shaping the platform’s future.
- Jan,2024HTX DAO begins accepting token swaps, enabling holders of the legacy Huobi Token (HT) to voluntarily convert their tokens to HTX, aligning with the new decentralized governance model. The conversion period is set to extend through to January 2025.
- Dec,2023HTX DAO officially launches, marking a significant step in the decentralization of the HTX Exchange (formerly Huobi). This DAO introduces a governance structure where HTX token holders can propose and vote on decisions, empowering the community with more control over the platform.
HTX DAO Info
- Sep,2024HTX DAO continues its strong growth by expanding partnerships and collaborations within the TRON ecosystem, further integrating decentralized finance solutions and bolstering its governance framework
- Aug,2024HTX DAO introduces dynamic liquidity pledges to enhance the DeFi applications on the platform. This mechanism encourages ecosystem participants to provide liquidity through decentralized pools, boosting DeFi activities.
- Feb,2024The HTX DAO initiates its first governance proposals, which include decisions on liquidity management and community rewards. This period sees the first real engagement of the token holders in shaping the platform’s future.
- Jan,2024HTX DAO begins accepting token swaps, enabling holders of the legacy Huobi Token (HT) to voluntarily convert their tokens to HTX, aligning with the new decentralized governance model. The conversion period is set to extend through to January 2025.
- Dec,2023HTX DAO officially launches, marking a significant step in the decentralization of the HTX Exchange (formerly Huobi). This DAO introduces a governance structure where HTX token holders can propose and vote on decisions, empowering the community with more control over the platform.
HTX DAO Intro
HTX DAO is a decentralized autonomous organization (DAO) that was launched in January 2024 as part of Huobi's transition into a more community-governed structure. Under the leadership of Justin Sun, HTX DAO aims to decentralize governance and empower its community through the HTX token. HTX serves as the governance token of the DAO, enabling holders to vote on proposals, delegate votes, and participate in the strategic decision-making processes of the HTX Exchange.
The DAO's mission is to merge the advantages of decentralized finance (DeFi) with centralized finance (CeFi), creating a transparent and inclusive ecosystem where users and stakeholders contribute to the growth and direction of the platform. The HTX token offers numerous benefits to holders, including transaction fee reductions and enhanced governance rights. It was introduced as part of a larger transformation that involved the conversion of Huobi Token (HT) to HTX, marking a new era for the exchange.
HTX tokens are also used to encourage liquidity pledges within the ecosystem, offering dynamic liquidity support for DeFi applications and incentivizing participation in the HTX DAO governance structure. The token's total supply is 999.99 trillion, with allocations for early contributors, community initiatives, developer grants, and ecosystem support.
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HTX DAO Token allocation
Q&A about HTX DAO Tokenomics
The HTX token, the governance token for HTX DAO, has a total supply of 999.99 trillion tokens. The tokenomics structure of HTX DAO is designed to allocate tokens across various segments to support the growth and development of the platform. The key allocations include:
- 19% (around 189.99 trillion HTX) is allocated to early contributors.
- 19% (around 189.99 trillion HTX) is for Community Access Program.
- 15% (149.99 trillion HTX) is set aside for partnerships and collaborations.
- 17% (169.99 trillion HTX) is allocated for platform development.
- 10% each is reserved for developer grants, research and development, and ecosystem support.
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HTX DAO is a decentralized autonomous organization (DAO) that was launched in January 2024 as part of Huobi's transition into a more community-governed structure. Under the leadership of Justin Sun, HTX DAO aims to decentralize governance and empower its community through the HTX token. HTX serves as the governance token of the DAO, enabling holders to vote on proposals, delegate votes, and participate in the strategic decision-making processes of the HTX Exchange.
The DAO's mission is to merge the advantages of decentralized finance (DeFi) with centralized finance (CeFi), creating a transparent and inclusive ecosystem where users and stakeholders contribute to the growth and direction of the platform. The HTX token offers numerous benefits to holders, including transaction fee reductions and enhanced governance rights. It was introduced as part of a larger transformation that involved the conversion of Huobi Token (HT) to HTX, marking a new era for the exchange.
HTX tokens are also used to encourage liquidity pledges within the ecosystem, offering dynamic liquidity support for DeFi applications and incentivizing participation in the HTX DAO governance structure. The token's total supply is 999.99 trillion, with allocations for early contributors, community initiatives, developer grants, and ecosystem support.