Binance Exchange announced that, based on community suggestions, trials, and evaluations, it will enhance its listing mechanism. This includes introducing a 'Voting for Listing' and 'Voting for Delisting' system to increase community participation and give users a stronger voice in the listing process. Binance stated:

'Our aim in enhancing the listing mechanism is to provide users with more opportunities to better discover potential projects while ensuring that projects meet quality, innovation, and regulatory compliance standards.'

Specifically, in the future, users can vote for the projects they like and wish to list, and those with the highest votes that pass due diligence checks will be listed on Binance. However, not all projects will be eligible for voting; Binance will select projects from the market and Alpha observation zone to enter the voting pool. More details will be announced after the mechanism goes live.

Additionally, Binance emphasizes that only users holding at least 0.01 BNB can participate in voting, and it remains unclear whether the amount of BNB held will affect voting weight.

Apart from listing, users can also vote to delist projects in the monitoring zone. Projects selected for the monitoring zone may include the following characteristics: lack of product development updates, inactive community and team, failure to regularly update progress, improper increase of token supply, or posing significant risks to users. Furthermore, Binance emphasizes that in the future, it will also move projects that fail to disclose relevant token information to the monitoring zone.

At the same time, Binance also highlighted in the announcement that it would charge fees to project parties, but these fees are not 'listing fees'; instead, they are part of the budget for rewarding Binance users:

'When a project has a dedicated listing budget, we will disclose it in the listing announcement and will continue to distribute tokens from the budget to Binance users through various forms of airdrops. Binance does not charge listing fees.'