Binance is launching its "Vote to Delist" program, allowing users to decide which tokens get removed. The first batch up for delisting includes:
🔻 $JASMY 🔻 $ZEC 🔻 $FTT (Current: $1.1899, -3.88%)
📅 Voting Period: March 21 – March 27, 2025 ✅ Who Can Vote? Anyone holding at least 0.01 BNB
📉 Potential Impacts:
Market Volatility: Prices may drop sharply as traders react.
Liquidity Risks: Delisting could make it harder to trade these tokens elsewhere.
Binance’s Role: The final decision remains with Binance, based on an internal review.
🔄 New Governance Approach: Binance aims to increase user participation with "Vote to List" and "Vote to Delist" programs, but the move raises concerns about manipulation and fairness.
⚠️ Holders, Take Action! Stay updated, manage your positions, and consider potential impacts on long-term holdings.
Binance will trial the new delisting mechanism with a community-driven approach and we now invite users to participate and vote on the first batch of Vote to Delist projects. Users can vote on projects with the Monitoring Tag that they wish to be delisted.
How to Vote: - Each user can vote for up to 5 projects in the Vote to Delist pool, and each verified account can only allocate one vote per project. - Users must be logged in to their verified Binance accounts and hold a minimum of at least 0.01 BNB in their master accounts throughout the Voting Period for their votes to be eligible.
Vote Period: 2025-03-21 06:30 (UTC) to 2025-03-27 23:59 (UTC)
Participation is subject to eligibility based on the user's country or region of residence. More details. Disclaimer: While we value and will take into consideration the vote results, the voting result will not be the sole deciding factor to determine the final delisting decision.. Monitoring of the project is still undergoing evaluation, and the decision will be determined by Binance based on our official review processes and standards. Additionally, the delisting timeline will depend on Binance's procedures.
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