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Caddis Cloud Solutions: A New Force in Cloud Infrastructure and Data Center Development

Caddis Cloud Solutions

Today marks the debut of Caddis Cloud Solutions, a global advisory firm specializing in Data Center development, cloud capacity sourcing and end-user deployment. Previously known as CloudSphere Consulting, Caddis is poised to leverage its deep industry expertise to help its clients around the globe provide and capture cloud capacity. The global data center market is projected to grow to $792.29 billion by 2032, marking a 241% increase from 2023. According to CBRE, as of the first quarter of this year, roughly half of the current data center capacity is under construction, with 84% already allocated. "Today, there is a critical shortage of cloud capacity to meet the burgeoning demand for cloud space. Our mission at Caddis is to help bridge this gap and deliver cutting-edge solutions that address the complex demands of the modern data center landscape," said Scott Jarnagin, founder and CEO of Caddis. Within this rapidly expanding market, Caddis sets itself apart through its comprehensive, end-to-end service model. On the supply side, the company collaborates with real estate developers, infrastructure firms, and data center operators to enhance cloud capacity. Additionally, Caddis works closely with hyperscalers and AI/GPU infrastructure providers to identify opportunities for increasing cloud capacity for their clients. In each engagement, the Caddis team delivers tailored solutions, enabling stakeholders to navigate complexities and achieve their technological and operational goals. To further highlight its distinct approach, Caddis emphasizes a collaborative strategy that combines industry-leading technology with strategic partnerships. This synergy not only accelerates the deployment of high-demand infrastructure but also ensures that clients benefit from scalable cloud solutions. Through innovative project management and a commitment to excellence, Caddis is transforming the landscape of cloud infrastructure. Caddis is led by Jarnagin, who brings over 25 years of industry experience. Prior to founding Caddis, he led cloud service deployments as the head of the Site Selection team at Oracle Cloud Infrastructure. His extensive background also includes a high-visibility role at Microsoft, where he specialized in global project management, vendor management, and infrastructure as a service. “Caddis Cloud Solutions is not just a new name in the industry, we are a new paradigm in cloud infrastructure development. We are committed to building strategic partnerships and innovative projects that pave the way for future advancements,” said Jarnagin. “As we continue to expand, we are steadfastly focused on launching groundbreaking projects globally and forging strategic partnerships that reinforce our status as a leader in comprehensive cloud and data center solutions.” Caddis Cloud Solutions is a premier global advisory firm specializing in strategic Data Center development, cloud capacity sourcing, and end-user deployment. With over 25 years of experience in bridging the gap between cloud capacity supply and demand, the firm ensures clients – from hyperscalers to enterprises, to cloud infrastructure providers, data center developers and operators, and others – receive tailored solutions for their cloud infrastructure needs. Caddis aims to form long-term partnerships with clients that extend beyond single engagements. For more information, please visit: www.caddiscloud.com Contact Details Kite Hill PR Lara Schembri lara@kitehillpr.com Company Website https://caddiscloud.com/

July 22, 2024 09:00 AM Eastern Daylight Time

BestGrowthStocks.Com Issues Analysis on the Next Beneficiaries of the AI Revolution

SoundHound AI Inc.

NEW YORK, NY / NewsDirect / July 22nd, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive analysis of SoundHound AI, Inc. a pioneer in advanced voice-enabled AI and conversational intelligence technologies and a comprehensive analysis of the next beneficiaries of the AI revolution. SoundHound AI, Inc. (NASDAQ: SOUN) has garnered significant investor attention following multiple recent announcements that could prove to be significant catalysts for the AI company. Best Growth Stock's full report offers an analysis of SoundHound’s operations, potential upcoming catalysts, growth drivers, financials, share structure, chart, and more. Bonus content “The Next Beneficiaries of the AI Revolution” offers a comprehensive analysis of the next beneficiaries of the AI revolution, which ones stand to benefit near term, and stocks under $15/share to watch within each sector. Access this full analysis and bonus AI report with no obligation: https://bestgrowthstocks.com/soun-analysis/ Access this full analysis and bonus AI report with no obligation: https://bestgrowthstocks.com/soun-analysis/ About SoundHound AI SoundHound AI (Nasdaq: SOUN), a global leader in conversational intelligence, offers voice AI solutions that let businesses offer incredible conversational experiences to their customers. Built on proprietary technology, SoundHound’s voice AI delivers best-in-class speed and accuracy in numerous languages to product creators across automotive, TV, and IoT, and to customer service industries via groundbreaking AI-driven products like Smart Answering, Smart Ordering, and Dynamic Drive Thru, an AI-powered multimodal food ordering solution. Along with SoundHound Chat AI, a powerful voice assistant with integrated Generative AI, SoundHound powers millions of products and services, and processes billions of interactions each year for world class businesses. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.com SOURCE: BestGrowthStocks.Com Contact Details Media Source LLC Steve Macalbry +1 989-274-7778 Editor@bestgrowthstocks.com

July 22, 2024 07:00 AM Eastern Daylight Time

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The Financial Select Sector SPDR Fund (XLF): A Gateway to Financial Institutions

Select Sector SPDR

The Financial Select Sector SPDR Fund (XLF) offers investors a path to engage with the U.S. financial sector. Comprised of the S&P 500's financial stocks, XLF offers a diversified approach to investment in this dynamic segment of the economy. A Balanced Investment Opportunity XLF's strategy involves a modified market capitalization-weighted index, focusing on some of the most significant U.S. financial companies. This method aims to provide a balanced mix of stability from large-cap entities and potential growth opportunities across various financial sub-sectors including banking, credit services, capital markets, and insurance. Insight into XLF's Holdings* The fund's holdings are components of the S&P 500 and offer investors a comprehensive view of the financial landscape, featuring: Berkshire Hathaway B (12.94%): A conglomerate with diverse interests JP Morgan Chase (10.21%): A global financial services firm Visa A (7.26%): A leader in digital payments Mastercard A (6.36%): Renowned for payment processing solutions Bank of America Corp (4.75%): A multinational banking and financial services institution Wells Fargo (3.64%): Offering a wide range of financial services Goldman Sachs (2.56%): Specializes in investment banking and management S&P Global (2.51%): Known for its financial data and analytics American Express Co (2.31%): Providing payment card services globally Progressive Corp (2.14%): Recognized for its insurance products and services An Accessible Path to the Financial Sector The Financial Select Sector SPDR Fund ( XLF ) is designed to be an accessible option for those interested in the financial sector. It allows investors to potentially benefit from the sector’s dynamics without needing to select individual stocks. The fund's broad diversification and focus on significant financial institutions aim to offer a balanced exposure to the sector's potential. For More Information To learn more about how the Financial Select Sector SPDR Fund (XLF) operates and whether it fits into your investment strategy, we invite you to visit our website or reach out to our investor relations team. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 6/30/24 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007679 EXP 9/30/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

July 22, 2024 05:00 AM Eastern Daylight Time

Immersive Engagement Is The Future – CEO Speaks About Company's Innovations That Keep Pushing What's Possible

Benzinga

By Johnny Rice, Benzinga Ann Hand, CEO of Super League Enterprise Inc (NASDAQ: SLE), was recently interviewed by Benzinga. Super League helps brands reach Gen Z and Gen Alpha in the 3D environments that they frequent. Platforms like Roblox (NYSE: RBLX), Fortnight and others represent significant opportunities to marketers as they allow for very interactive and immersive experiences. Ms. Hand spoke about the exciting developments her company has been making, such as SOUNDZ, its latest tool for driving real engagement and commerce. Learn more here: Featured photo by Vinicius "amnx" Amano on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 19, 2024 09:00 AM Eastern Daylight Time

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Benchmark International Successfully Facilitated the Transaction Between Micro-Precision Technologies, Inc. and Great River Capital Partners

Benchmark International

Benchmark International has successfully facilitated the transaction between Salem, NH-based Micro-Precision Technologies, Inc. (“MPT”) and Boston, MA-based Great River Capital Partners (“Great River”). MPT designs and manufactures high-performance microelectronics for harsh environments and high-reliability applications. The company’s offerings primarily include thick-film ceramic substrates, hybrid micro-electronic manufacturing, and obsolete semiconductor manufacturing. “The Benchmark International team understood early that MPT is a highly differentiated asset, given its Defense Logistics Agency standards certification and highly valuable niche manufacturing capabilities,” commented Benchmark Senior Transaction Director William Sullivan. “This opportunity garnered immediate interest from very high-quality buyers, as we knew it would. Ultimately, Great River proved to be the perfect fit, with its narrow focus on mid-sized industrial technology companies, highly competent team, and HQ and management sitting close to MPT’s home base. To extend the metaphor, we think this will be a home run for both teams, and we were proud to be a part of it.” MPT serves the defense, industrial controls, commercial aviation, semiconductor capital equipment (semi-cap), communications equipment, and space & biological industries across the US and internationally. Founded in 2012 by Mr. Adrian Pyke, the company is one of only 30 worldwide certified by the Defense Logistics Agency (DLA) to the MIL-PRF-38534 quality standard. Great River Capital Partners is a private equity investment firm with a narrow focus on acquiring mid-sized industrial technology and services companies. Leveraging 30 years of collective investing experience, the firm partners with business owners to create long-term value through organic growth initiatives and strategic add-on acquisitions. Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

July 19, 2024 06:00 AM Eastern Daylight Time

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News Release

Spectra Systems CEO Announces Major Contract with Central Bank for Sensor Manufacturing

Spectra Systems Corp

Spectra Systems Corporation CEO Nabil Lawandy joined Steve Darling from Proactive to share exciting news about the company’s latest achievement. Spectra Systems has secured a substantial contract valued at $37.9 million to manufacture sensors for an existing central bank customer. An additional tranche of $1.7 million is expected later this year upon the signing of the related manufacturing contract. This will bring the total sensor manufacturing revenues from the new contract to $39.6 million. Lawandy explained that revenue recognition for this contract will follow a standard cost accounting basis, with certain progress milestones related to expenditures. The bulk of the revenues from this contract are anticipated to be received from the first quarter of 2025 through the fourth quarter of 2027, with trailing manufacturing contract revenues of approximately $4.5 million extending until 2029. This manufacturing contract is expected to generate profits significantly higher than previously estimated over its term. The increased margins highlight the strong financial performance and strategic importance of this contract for Spectra Systems. Lawandy emphasized the significance of this contract, noting that it strengthens Spectra Systems’ position in the market and underscores the company’s capability to deliver high-quality sensor solutions to major clients. This deal is a testament to Spectra Systems’ commitment to innovation and excellence in sensor manufacturing, providing critical technology for central banking operations. The long-term nature of this contract also ensures a steady revenue stream for Spectra Systems, supporting its growth and profitability goals. With this new contract, Spectra Systems is well-positioned to continue its trajectory of success and deliver exceptional value to its stakeholders. Spectra Systems remains dedicated to advancing its technological capabilities and expanding its market reach, solidifying its reputation as a leader in sensor manufacturing and related technologies. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 18, 2024 10:29 AM Eastern Daylight Time

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Freelance jobs grow despite AI, finds new data from Freelancer.com

FREELANCER.COM

Freelancer.com (ASX: FLN), the world’s largest freelancing and crowdsourcing marketplace by number of users and jobs posted, today released its quarterly Fast 50 Index for Q2 2024 based on data from 251,000 jobs posted to the platform. Computer Security (up 27.1% from 868 to 1,103 jobs) emerges as the fastest-growing freelance skill on Freelancer.com, based on job postings across more than 2,000 skill categories from April 1 to June 30, 2024. This trend in cybersecurity skills suggests more small-to-medium businesses are turning to freelancers for cyber security support, further backed by Network Administration (up 9.9%, from 1,229 to 1,351) also placing in the top 25 fastest growing jobs on the platform. The data also shows no negative impact on generative AI tools on freelance jobs, evident in the growth of Writing, Business Service, and Legal Skills seen in this quarter’s Fast 50 report, all of which were predicted to decrease with the rise in generative AI. PDF writing (up 26.7%, from 2,533 to 3,210) was the second fastest growing job, followed by third place being Microsoft Word (up 23.9%, from 3,368 to 4,173) projects which are also associated with content writing. Writing job Copy Typing came in at the 16th place, growing 11.6% (from 4,428 to 4,941). Legal jobs, which were expected to have been ‘at threat’ to AI, have also increased (up 12.0% from 1,138 to 1,274), as well as Legal Research (up 10.8% from 917 to 1,016). In addition to the index, Freelancer.com ’s annual AI survey, which surveyed more than 4,100 workers globally, investigated AI impact on income and the initial results are shedding light on earnings. When asked how the introduction of AI tools have impacted earnings, more than half of workers (52.5%) reveal they’re earning either the same or more. One fifth (19.2%) say that they’re earning a lot more since generative AI tools were introduced, while only one sixth (17.7%) admit to earning less. “AI is creating more jobs than it takes. While many critics continue to speculate which jobs will be made redundant with AI tools, the data shows that freelance jobs which are labeled as the ‘most at risk to AI disruption’ are in fact growing. The preliminary results from our AI survey also dispel the myth that freelancer are earning less since the introduction of generative AI as more three quarters of workers we surveyed are either earning the same or earning more, with a subset taking advantage of AI and earning a lot more.” said Matt Barrie, Chief Executive at Freelancer.com. Cybersecurity threats are on the rise across all organizations, but are particularly harmful for small-to-medium sized businesses (SMBs) which have little-to-no security expertise and usually minimal protection. As a result, businesses turned to freelancers for help. In 2Q24, Computer Security jobs ranked as the fastest growing skills (up 27%), indicating there has been an uptick in cyber security threats targeting SMBs. Many of the projects posted throughout the quarter require help with network security, security assessments to identify potential vulnerabilities, and creation of cyber security response play books. General business services are also increasing on the platform as more employers are hiring freelancers to support their small businesses. A clear indication of this is the popularity of Market Research and Telemarketing jobs coming in as the fourth and fifth fastest growing skills in Q2 2024, up by 21.1% (from 1,525 to 1,859) and 19.4% (from 1,177 to 1,405), respectively. Other business related skills grew in Q2 2024, including Sales (up 15.5% from 3.467 to 4,005), Lead Generation (up 12.2% from 1,802 to 2,021) and Business Plans (up 10.9% from 1,197 to 1,328). A sudden increase in General business services means that many of the new businesses, which are usually started at the beginning of the year, now require further assistance in helping grow and scale their business. Fastest Falling Skills for Q2 2024 The main category of jobs that fell in Q2 2024 was eCommerce related jobs, which saw a significant increase in Q1 2024. Shopify Templates, ranked as the fastest falling skill and was down by 13% (from 1,476 to 1,284). CSS, which is commonly used in website development, was also down (11.8% from 9.486 to 8,368). Both WooCommerce (from 1.072 to 952) and Shopify (2,545 to 2,269) also fell in the quarter. The easing of eCommerce jobs in this quarter was mainly due to seasonality. Typically, entrepreneurs will start a business at the beginning of the year, requiring help to set up their websites or eCommerce platforms. From there, the entrepreneur either pivots to hiring freelancers for other business services, such as sales or research which we’ve seen in Q2 2024 fastest growing jobs, or are equipped with enough to run their business without any further help. Fastest Growing Overall Job The most popular online freelancing job by total volume is currently Graphic Design with almost double the amount of projects than the other top skills. Graphic Design is followed by PHP (programming), Photoshop, Website Design and HTML (programming). These are typically the best skills for any new freelancer to focus on initially when starting their freelancing journey. How Electronic Repairs Are Becoming the Fastest Growing Skill Globally Electronic Repairs has emerged as one of the fastest-growing job categories on the platform over the past year. In Q2 2024, it ranked 19th among the top 25 fastest-growing jobs, with a 10.7% increase (from 14,945 to 16,548 jobs). However, its most impressive growth is evident in the year-over-year comparison, where Electronic Repairs jobs surged by 162%, from 6,315 in Q2 2023 to 16,548 in Q2 2024. Electronic Repairs are in-person jobs where freelancers are deployed across select countries and cities to fix laptops, printers and computer hardware as part of the Freelancer Global Fleet Program. ##### Freelancer.com Fast 50 The Freelancer.com Fast 50 index is the world’s largest forward indicator of trends in online jobs related to industries, technologies, products, and companies. The data is based on 251,000 jobs posted to the Freelancer.com platform between 1st April to 30th June 2024. Data: Fast 50 Quarterly Index – Q2 2024 2023 Q2 v 2024 Q2 Fastest Growing Jobs for Q2 2024 Fastest Falling Jobs for Q2 2024 About Freelancer Twelve-time Webby award-winning Freelancer.com is the world’s largest freelancing and crowdsourcing marketplace by total number of users and projects posted. More than 74 million registered users have posted over 23.8 million projects and contests to date in over 2,000 areas as diverse as website development, logo design, marketing, copywriting, astrophysics, aerospace engineering and manufacturing. Freelancer owns Escrow.com and Loadshift. Freelancer Limited is listed on the Australian Securities Exchange under the ticker ASX:FLN and is quoted on OTCQX Best Market under the ticker FLNCF. Contact Details Freelancer.com Marko Zitko +1 650-800-6863 mzitko@freelancer.com

July 18, 2024 07:00 AM Eastern Daylight Time

HTX's "Trade to Earn" Achievements in Q2: $9 Million HTX Tokens Burned, Driving Platform Value Higher

HTX

On July 16, HTX announced that all $HTX repurchased from "Trade to Earn" events in the second quarter of 2024 had been entirely burned. The total amount burned was 7,791,971,428,156 $HTX, equivalent to approximately 9,000,000 USDT (Transaction Hash: 79d65bb23e6172da8a5caeb61ca43f67513e023c347c557e117532566bd142af). The burning of $HTX regulates the market's circulating supply, increasing the asset's scarcity, fostering stable value growth, and bolstering the confidence of $HTX holders. Moreover, this initiative also underscores HTX's strong commitment to its users and the broader community, affirming the belief in the platform's long-term value and sustainable development. More details: https://www.htx.com.cm/en-us/support/54975441179013 During the second quarter of 2024, HTX held 6 "Trade to Earn" events with BTC and ETH, attracting participation from over 20,000 users. These events led to the repurchase and burning of nearly 8 trillion $HTX. In the future, HTX plans to disclose on the 15th day of the first month of each quarter the amount of $HTX bought back and burned from the previous quarter's "Trade to Earn" events, aiming to enhance transparency and openness in event operations. HTX's launch of "Trade to Earn" is intended to enhance user trading experiences, minimize trading costs, and facilitate wealth appreciation, while effectively reducing the circulation of $HTX. By trading designated spot/perpetual futures pairs, users will have the opportunity to share in a daily mega prize pool. During the event period, all fee income generated from both designated spot trading pairs and registered users trading designated perpetual futures pairs will be fully utilized for $HTX buybacks. HTX‘s "Trade to Earn" event has seen widespread user participation and has received positive feedback since its launch. The burning of $HTX is a key component of HTX's deflationary strategy and a commitment fulfilled to its users. HTX upholds transparency and openness by publicly disclosing all details of the token burning process, ensuring that users and investors are informed about $HTX's real-time circulating supply and fostering trust in the platform. Furthermore, the buyback and burning of $HTX are integral to the collective efforts of HTX and the HTX DAO to cultivate a healthy and sustainable digital asset trading ecosystem. Both entities are dedicated to preserving and promoting the long-term prosperity of this ecosystem. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/

July 17, 2024 12:06 PM Eastern Daylight Time

Total Liquidity Pledge to HTX DAO Hits $42.5M After 2nd Round - Bolstering Decentralized Ecosystem

HTX DAO

HTX DAO has announced its receipt of the second Ecosystem Liquidity Pledge took place on July 16, 2024. Through this pledge, 80,223,880 TRX and 9,631,105,301,954.7 $HTX (worth 21,500,000 USDT) have been allocated to SUN.io to enhance liquidity and all LP tokens have been credited to a zero address. As of press, HTX DAO has reportedly received a total liquidity pledge of $42.5 million. The pledge details can be viewed based on the following transaction hash via TRONSCAN, the TRON blockchain explorer. (The amount of $HTX tokens contributed to liquidity is calculated based on the real-time price of $HTX.) 1. Adding Liquidity Hash: acd664c12d9c32e50dce2fd1c9efea4a6b19793949c515ed49ac06cb620e1331 2. LP Tokens Sent to Zero Address Hash: 4a3912ed71f10ca59fbcc2fd61378a4cc54171f78e10f4b091cb0c5aeedfb44e Learn more about the pledge: https://htxdao-1.gitbook.io/announcement-en According to HTX DAO, the Ecosystem Liquidity Pledge mechanism is an innovation crafted to build a decentralized community empowering the ecosystem and address security-related concerns and allegations of centralization. This carefully structured mechanism not only bolsters the resilience and self-sufficiency of the HTX DAO ecosystem but also ensures transparency and accountability in all its operations. As per the previous report, HTX DAO received the initial liquidity pledge on March 15, totaling $21 million. Additionally, the next pledge is slated for October 15, 2024. HTX DAO's liquidity pledge boasts several sources including a portion of the quarterly revenue from HTX (currently 50%) and contributions from other key HTX DAO participants. This pooled pledge is used to add liquidity for the $HTX token on decentralized exchanges, with the resulting LP tokens being permanently burned. It is noteworthy that any HTX DAO participant has the opportunity to voluntarily donate liquidity to $HTX or TRX. This safeguard improves the practicality and decentralization of asset management and ensures that no single pledger within the HTX DAO can exercise exclusive control over the treasury. A proactive approach is taken to manage liquidity in a decentralized fashion, which systematically addresses the matter of centralization in fund custodianship while simultaneously fortifying the security of the pool and $HTX applications. Founded on January 18, 2024, HTX DAO has enlisted 19 major builders to its ecosystem, including HTX, TRON, Poloniex, BitTorrent, Spark Digital Capital, APENFT, Stratified Capital, JustLend DAO, OIG Group, Double Peak, stUSDT, Zebec, USDD, ANKR, SUN.io, Merkle 3s Capital, WINkLink, TUSD, and Owlit Finance. These major builders are all prominent figures from various sectors within the blockchain industry. HTX DAO upholds exceptionally high standards in terms of transparency and community participation. Looking ahead, it fosters a diverse and dynamic landscape where contributors, innovators, and stakeholders collectively shape the trajectory of blockchain evolution. About HTX DAO As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO. Contact Information Website: www.htxdao.com About HTX DAO As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates open values and encourages all DAO participants to propose collaborations and protocol enhancements that can promote the development of HTX DAO. Contact Details HTX DAO media@htxdao.com

July 17, 2024 12:03 PM Eastern Daylight Time

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