Binance released an announcement, announcing a comprehensive optimization of the coin listing mechanism, adding the "vote to list" and "vote to delist" mechanisms to achieve community co-governance. Users can vote for their favorite projects. Projects with high votes and passing due diligence will be listed on Binance. Binance will select projects from the market and Alpha observation area to enter the voting pool. Specific rules will be announced simultaneously when the product is launched. Voting qualifications require that the user's parent account holdings must be no less than 0.01 BNB. For project parties that have not entered the Alpha coin listing observation area and have completed TGE (token generation event) for a period of time, Binance will also release a self-nomination application method later.
At the same time, Binance will list projects with no product development updates, no community and project maintenance, no regular progress announcements, additional issuances, or major risk behaviors in the main site "Risk Monitoring Zone". In the future, Binance will mark projects that do not cooperate in providing token-related information, and users can also express their intention to remove projects in the "Risk Monitoring Zone" through voting. Voting qualifications require that the user's parent account holdings must be no less than 0.01 BNB.
In addition, Binance Wallet’s exclusive TGE (Token Generation Event) event project will be directly connected to the Binance Wallet Alpha coin listing observation selection pool.
