Today, @binance delisted $AERGO, $AST, $BURGER, $COMBO, and $LINA — then moments later posted:
“Binance values community input and recognizes that it is a key driving force in the course of our development. We recently introduced two community co-governance listing mechanisms, Vote to List and Vote to Delist, as part of our efforts to enhance our listing governance and give the community a greater voice.”
https://t.co/z8VxDUZtg6
Yet there was no vote, no warning, and zero transparency.
We’re disgusted by the hypocrisy. The community deserves better.
Linear Finance Responds to Binance's LINA Delisting
Today, we at Linear Finance were caught completely off guard by Binance’s decision to delist LINA effective March 28th. Like many others, we first learned of this development via an official blog post, with no prior warning or heads-up.
Binance, with whom we've been in active discussion, confirmed that the decision was made at the highest levels.
For a project that prides itself on development and innovation specially in these last quarters, this approach is deeply disappointing. Yet the reality remains: a significant portion of Linear Finance’s trading volume is generated on a variety of platforms. LINA is actively traded on Bitget, Mexc, Kucoin, https://t.co/Sctg9tvdMx, HTX, and many other exchanges, and you can also access our perpetual contracts on Kraken, Phemex, and more.
This incident, instead of derailing our plans, only reinforces our commitment to innovation and resilience. We remain steadfast in our mission to expand and improve our ecosystem and continue with our roadmap, ensuring that Linear Finance continues to grow and evolve regardless of a particular exchange decision.
Moreover, we will remain focused upon our new AI-focused roadmap, which will drive the next phase.