HTX, also known as HTX DAO, is a decentralized autonomous organization that operates on an open and transparent system. Unlike traditional models where a few people make decisions, the HTX DAO provides a voice to every HTX token holder in the governance of the HTX ecosystem. This approach not only democratizes decision-making but also creates a lively environment for blockchain enthusiasts to collaborate and generate innovative ideas.
HTX DAO has opted to run on the TRON blockchain, which was selected due to its sustainability, security, and affordability. This blockchain operates on a proof of stake (PoS) system, where validators stake tokens to confirm new blocks, similar to Ethereum, but with its unique protocols. This system not only enables token holders to influence the DAO's direction but also creates opportunities for developers and designers to contribute to the HTX ecosystem, thereby expanding the scope of engagement and participation.
The operational framework of HTX DAO is defined by a set of features intended to improve community governance and encourage participation. These features include liquidity mining programs and liquidity pledge mechanisms, which aim to maintain ecosystem liquidity and the operation of the HTX DEX. Additionally, the governance model allows token holders to propose initiatives, suggest changes, and vote on various aspects of the platform's operation, such as transaction fees and supported tokens.
HTX has a total supply of 999,990,000,000,000.
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