HTX DAO Approves First Community Governance Proposals

HTX DAO Approves First Community Governance Proposals

On April 17, 2025, HTX DAO announced the successful adoption of its first two governance proposals. These initiatives were approved through voting with HTX tokens, according to a press release from the decentralized autonomous organization.

HTX DAO initiated on-chain voting on TRON for HTX token holders on April 9. The approved proposals, following the HTX Improvement Proposal (HIP) standard, include HIP-001 and HIP-002.

HIP-001 establishes a modular governance structure for the DAO, with one or two committee members assigned to each module. The proposal also introduces a rotation system to ensure organizational continuity.

HIP-002 creates "The DAO Talks," an interview series hosted by committee member DaDa on X Spaces and HTX Live. The program will feature interviews with Web3 developers, discussions about DAO governance models, market trend analysis, and community AMA sessions.

"The initiative aims to be a connecting link between the community, project teams, and investors, and will influence decisions about asset listings on the exchange. HTX token holders will be able to receive various bonuses, including participation in airdrops," HTX DAO representatives commented.

According to the organization, the community's support for both proposals demonstrates HTX DAO's commitment to creating an inclusive and decentralized ecosystem where decisions are made based on broad participant consensus.

In the first quarter of 2025, HTX DAO burned HTX tokens worth $19.2 million. As part of its deflationary model, the organization allocates 50% of revenue received from the HTX exchange for token burning.

The vote exemplifies a growing trend of DAO-led governance in crypto, similar to how Velora (formerly ParaSwap) recently voted to return $100,000 in fees connected to the $1.5 billion Bybit hack. DAOs are increasingly taking central roles in platform development and ethical decision-making across the industry.

Read more