On July 7, Binance announced a new community governance listing mechanism that will enhance the listing process as follows: When a project has a dedicated listing budget, it will be disclosed in its listing announcement, and tokens within the budget will continue to be distributed to Binance users through various forms of airdrops. Binance does not charge listing fees; it has launched 'Vote for Listing' and 'Vote for Delisting' mechanisms to promote broader community participation and empower users with a stronger voice in the listing process; exclusive access to Binance Alpha observation zone for Binance wallet during Token Generation Events (TGE) will be granted. Two community governance listing mechanisms have been introduced: 1. Vote for Listing: Users can vote for projects they wish to see listed, and the project with the highest votes that passes due diligence will be listed on Binance. Binance will select projects from the market and the Alpha observation zone to enter the voting pool. More details will be announced when the mechanism goes live. Voting eligibility: Users must hold at least 0.01 BNB in their main account. For projects that have completed the TGE for some time but have not yet entered the Alpha observation zone, a self-nomination application method will be introduced, with specific details to be announced later. 2. Vote for Delisting: Users can vote to delist projects within the monitoring zone. Projects lacking product development updates, inactive communities and teams, failing to provide regular progress updates, issuing tokens without due process, or posing significant risks to users will be placed in the monitoring zone. Voting eligibility: Users must hold at least 0.01 BNB in their main account.