Binance has recently done several major things to win the hearts of the people, but of course there was one thing that failed.
The failure was the RED pre-limit price. I placed three limit orders to buy in, but there were no sell orders, hahahaha. It makes sense, there are no fools selling chips at a low price.
Later, RED was questioned by the community about the airdrop ratio and unfairness. Binance directly suspended RED trading, and RED ultimately proposed a plan to strengthen the airdrop. I'm really impressed.
🔗https://x.com/binancezh/status/1897632301280071949
Binance put the unscrupulous project party GPS on the watchlist and publicly stated that Binance did not sell any tokens, exposing the team for market dumping and freezing the accounts of the involved market makers. As far as I remember, this is the first exchange to stand up and directly reveal that the project party is blatantly selling tokens. Well done!
🔗https://x.com/binancezh/status/1897979872833941691
Then they also introduced a "community governance" mechanism.
The main focus is on disclosing the marketing expenses of the project party in the announcement of new tokens, adopting "voting for listing" and "voting for delisting." I still don't know how it will work, but at least we have the power in our hands, retail investors are saved. The project party should not only respect the community, but at least they should do so.
🔗https://binance.com/zh-CN/support/announcement/detail/36ffe72dc0a84601af3143ad9196571e
By the way, Binance released a proof of reserves for March, hahahaha.
https://x.com/binancezh/status/1897903484135260576
As for the Binance wallet, it has improved the private key import function (but I want to ask if it is too slow, and it feels like the Binance wallet does not actively connect with many project parties for wallet integration and small first-level activities, so importing private keys now feels very passive).
I wonder if this round of protective measures from Binance CEX can revitalize the rug pull sector and secondary trading. In short, those who serve the community hold the world; this is what Binance is practicing.
