According to the official announcement of HTX DAO, HTX DAO has completed the second quarter liquidity donation of 2024 on July 16. This donation added 80,223,880 TRX and 9,631,105,301,954.7 HTX as liquidity to Sun.io, with a total value of 21,500,000 USDT, and the LP tokens obtained have been deposited into all 0 addresses. So far, the total amount of liquidity donations has reached 42.5 million US dollars.
Details of this donation are as follows:
1) Add liquidity
Hash value: acd664c12d9c32e50dce2fd1c9efea4a6b19793949c515ed49ac06cb620e1331
2) LP tokens are deposited into all 0 addresses
Hash value: 4a3912ed71f10ca59fbcc2fd61378a4cc54171f78e10f4b091cb0c5aeedfb44e
Eco-liquidity donation is an innovative decentralized community building method proposed by HTX DAO. 50% of Huobi HTX's revenue and part of the funds of other important HTX DAO participants will be donated every quarter to add liquidity to $HTX in decentralized exchanges, and the LP tokens obtained will be permanently destroyed.
This mechanism aims to enhance the decentralized nature of the ecosystem, empower it, solve security-related issues and avoid accusations of centralization. While enhancing the resilience of the HTX DAO ecosystem, it achieves self-sufficiency and ensures transparency and responsibility in all operations of the ecosystem.