- Main event involves HTX DAO’s new governance voting round.
- Participants share a 10 billion $HTX prize pool.
- This marks a pivotal step for decentralized governance.
HTX DAO has commenced its first community governance voting round on July 23, 2025, inviting participants to partake in a substantial 10 billion $HTX prize pool.
The launch signifies HTX DAO’s effort to bolster decentralized governance and community involvement through token-weighted voting. It aims to enhance the DAO’s decision-making and strengthen the ecosystem.
Governance Structure and Initial Proposals
HTX DAO’s governance structure, established through the HIP-001 proposal, facilitates community-driven decision making. The first voting phase includes eight projects like Mira and MONAD, emphasizing a community-centric approach. The prize pool of 10 billion $HTX tokens ensures participation incentives.
“Participants in both the recommendation and voting phases will stand a chance to share a prize pool of nearly 10 billion $HTX tokens.” – HTX DAO, Community Governance Committee, HTX DAO
Immediate and Long-term Impacts
The initiative’s immediate effect is anticipated within the HTX ecosystem. Participants staking $HTX tokens via TRONLINK can directly influence project listings. A major token burn earlier this year has already impacted token scarcity and market perception.
The listing event is set to incrementally impact the ecosystem. Community and market responses will become clearer after the completion of the vote on July 29. HTX DAO’s commitment to tokenomics is clear through its planned token deflation strategy.
As the HTX DAO governance voting unfolds, the cryptocurrency sphere monitors potential broader market implications closely. Community engagement, heightened by incentivized voter participation, marks a significant step towards greater decentralized governance.
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