Binance Exchange announced through community suggestions and trials that it will enhance its listing mechanism. This includes introducing 'Voting for Listing' and 'Voting for Delisting' mechanisms to expand community participation and give users a stronger voice in the listing process. Binance stated:

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

Specifically, users will be able to vote on the projects they like and wish to see listed in the future. Projects that receive the highest votes and pass due diligence will be listed on Binance. However, not all projects will be eligible to participate in the voting; Binance will select projects from the market and Alpha Observation Zone to enter the voting pool. More details will be announced once the mechanism goes live.

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

Besides 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, unjustly increasing token supply, or posing significant risks to users. Furthermore, Binance also emphasizes that in the future, projects that fail to disclose relevant token information will be moved to the monitoring zone.

At the same time, Binance also stressed in the announcement that it will charge project parties fees, but these fees are not 'listing fees,' but are used for the budget to benefit 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.'

41443788763

01369621649