CandleFocus $HTX’s Major Upgrades: Unmasking Combined Strategies for Investment Value and Long-Term Gains
2024-11-05
Author: Content Editor
Cryptocurrency exchange HTX is introducing several upgrades to its governance token, $HTX, in order to enhance investor engagement and maximize returns. These upgrades include dual rewards for integrating $HTX Earn product and PrimePool, access to multiple PrimePool events, and a reduction in $HTX yield rate. HTX DAO has also announced a shift to a burn mechanism for its liquidity pledge model, which has the potential to increase the value of $HTX by reducing the circulating supply. Users will soon be able to leverage $HTX for both the Earn product and PrimePool to earn double rewards, improving capital utilization efficiency and reducing asset management costs. HTX is also planning to allow users to participate in PrimePool events by holding $HTX, strengthening demand for the token and increasing user engagement. The APY of the $HTX Flexible product will be slightly reduced in early November to ensure a more sustainable asset allocation. These initiatives aim to enhance the value of $HTX and expand its investor base. HTX has also introduced other income opportunities, such as raised interest rates for HTX Earn's Flexible products and daily interest payments on users' USDT-M futures balances. Overall, these initiatives demonstrate HTX's commitment to innovation and long-term growth.
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