The cryptocurrency exchange HTX has released an updated version of the white paper for HTX DAO.
📢 HTX DAO Whitepaper Updated🚀
This is more than just an update — it’s a milestone.
From an exchange, we’re growing into a core on-chain governance force,
building a user-owned Free Financial Port where everyone shares the power and rewards.The future is built by every HTX… pic.twitter.com/U1aa8OZkWg
— HTX DAO (@HTX_DAO) August 11, 2025
The changes affect the project’s economic model. In the third quarter of 2024, HTX transitioned from a liquidity staking mechanism to quarterly token burns. Now, 50% of the platform’s revenue is allocated to the buyback and destruction of HTX tokens.
On August 14, HTX DAO’s key ambassador, Liu Ye (Molly), conducted a live stream as part of the interview series The DAO Talks. She explained that the white paper update is linked to the application for licenses in Western jurisdictions.
According to Liu Ye, earlier versions of the document lacked sufficient detail on how DAO functions would integrate with the decentralized exchange.
HTX DAO is introducing a participant incentive system. Voting, trading, staking, and content creation are considered governance actions. Users earn points for these activities and participate in airdrops.
In the next 6-12 months, the project plans to launch a Launchpad and Launchpool, integrate with real-world tokenized assets (RWA), liquid staking derivatives (LSD), and stablecoins, as well as add support for cross-chain bridges.
Liu Ye noted that full decentralization is a gradual process:
“Our initial idea of decentralization was too loose. We thought a DAO was just a place where everyone could speak and vote. But in practice, most votes reflect desire rather than expertise.”
HTX DAO employs a “pilot” approach: testing governance ideas and products on a small scale before full launch. This allows for early problem detection.
As reported in CoinGecko’s report on August 14, only three exchanges in the top 10 showed quarter-on-quarter growth: HTX (+5.4%), MEXC (+3.7%), and Bitget (+3%).