Initia

MTT Sports announces token burn plan and three strategic initiatives to optimize platform ecosystem

ChainCatcher news, MTT Sports CEO Joe announced three core strategies during a media interview at the TOKEN2049 summit, involving tokenomics adjustments, user incentive system optimization, and community ecosystem development. The details are as follows:1. Token Burn Plan: Long-term Value Strategy​​MTT Sports plans to gradually buy back and burn 1 billion MTT tokens over the next few quarters, accounting for approximately 47.6% of the current total supply of 2.1 billion tokens. The company stated that this move aims to stabilize the token ecosystem by reducing circulation, enhance market confidence, and create synergy with the platform's revenue cycle.2. Incentive Model Transformation: From "Free Mining" to Targeted Rewards​​The platform will gradually phase out the early "free mining" mechanism used for user growth, replacing it with a more sustainable "Trial Ticket" system. The new plan will prioritize rewarding active users who make substantial contributions to the platform, rather than simply increasing the number of users.Community-Driven Esports Ecosystem: Launching the MTT Club System​​MTT Sports will launch a decentralized club framework called the "MTT Club System," allowing users to create clubs, customize event rules, settle in multiple currencies, and design personalized competition formats. This feature is seen as the infrastructure for building a community-driven esports ecosystem.

Huobi HTX launches SVIP benefits system and initiates a million-dollar recruitment plan

ChainCatcher news, on April 29, the "2025 HTX DAO Confidence Journey - Dubai Whale Night" hosted by HTX DAO was grandly held in Dubai.At the event, the user growth leader of Huobi HTX comprehensively showcased the platform's SVIP benefits system. This system focuses on three core advantages: "cost optimization, capital efficiency, and exclusive privileges," providing industry-leading solutions for high-frequency traders, institutional investors, and long-term holders.Specifically, it includes: ultra-low fees (spot Maker as low as 0.0126%, contract Maker 0 fee), low-interest high-limit leveraged loans, customized wealth management, one-on-one exclusive account managers, and global elite private board meetings.According to reports, SVIP users can reduce fees by upgrading their Prime level, saving nearly ten thousand dollars in transaction costs per month; they can also increase returns by up to 20% through flexible wealth management and increasing loan limits.In addition, the Huobi HTX SVIP recruitment program has been launched simultaneously, inviting new users to upgrade to SVIP to share a million dollars, with a maximum reward of 5,000 USDT per person. Moreover, special invitations for VIP rewards from other platforms are doubled, and inviting multiple people can earn an additional maximum of 2,000 USDT cashback voucher airdrop rewards.
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