Tuesday, 08 Apr 2025

Bernance Binance forced Community engagement with membership participation in a new token decision-making decisions

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11 Mar 2025 08:16
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  • Binance supports customers with a “Vote to List” and “Vote to Delist” system that guarantees transparency and a community with new token notes.
  • Projects have to integrate customers to secure the listing, while inactive or questionable tokens are removed by the Binance Monitoring Zone process.

Binance changes the way digital assets are listed on its platform and gives its community more influence. With a new “Vote to List” and “Vote to Delist” system, users now have a direct say in the decision as to which tokens remain on the platform and which are taken out of the trade, how bony announced on March 7. The announcement signals a major change in governance, which aims to promote the transparency and commitment of users.

Since its foundation in 2017, Binance has put the feedback from the user feedback, and this latest step has leaded to its community-based approach. Since the budgets for the listing are now disclosed in public announcements and forwarded directly to the users, Binance underlines his commitment to a fair participation. The stock exchange continues to reject fees for the stock exchange nopy and thus differs from the competition.

Projects that want to be included in the Binance ecosystem must now appeal to the community, such as Pi Coin, which, as reported CNF, was supported by 86 % of the voters. If a project receives enough votes and the DUE diligence test passes, it will secure a place on the platform. Binance users who keep at least 0.01 BNB on their main accounts are entitled to participate in these votes. Further details about implementation will be expected shortly.

Make in the hands of the customers

While the community can advance promising projects, it can also separate tokens that do not develop well. The “Vote to Delist” mechanism gives users the opportunity to remove projects that are not updated, have an inactive community or apply questionable practices when providing token. Binance will place such tokens in his monitoring zone before deciding on your list:

“The introduction of the” Vote to List “and” Vote to Delist “Systems enables greater participation of the community and gives users a stronger voice in the listing process.”

But the transparency goes beyond the coordination of the community. Projects that fail to provide important token data will also be found in the surveillance zone. Binance users who have at least 0.01 BNB on their account can vote on the listing of assets, although more precise details about the process are not yet known.

These measures reflect the overarching goal of Binance: to ensure that the marketplace remains alive, trustworthy and with promising assets. Projects now have to maintain greater incentive, transparency and commitment in order to avoid slipping into the surveillance zone.

More ways – more rewards

In addition to the voting system, Binance also refines the way new tokens reach users. With mechanisms such as launch pool, megadrop and Hodler Airdrops, the platform offers users several options to access new tokens without buying them directly.

With a launch pool, users can earn token by blocking BNB or other assets, while Megadrop Binance Simple Earn combines with Binance Wallet to offer rewards through web3 interactions. The Hodler Airdrop system is rewarding long-term owners based on snapshots of their BNB credit in Binance Earn.

In addition, direct spot listings remain an option for well-established projects, which means that they are immediately presented to the huge user base of Binance. The newly introduced Pre Market Trading function enables early access to launch pool token by picking up the previous price limits and enables users to take positions before the official listing.

Alpha observation zone

The Binance Wallet Alpha Observation Zone is another important aspect of the revised listing process. This area emphasizes emerging and highly interesting tokens, especially those that are exposed to considerable market fluctuations. Projects that start your token generation events (TGE) exclusively on Binance Wallet are given priority access to this area.

Although admission to the Alpha Zone is not a guarantee of a complete listing, it offers a visibility thrust and a basis for evaluation for the Listing team from Binance. However, if the interest in tokens of the Alpha Zone subsides, Binance can remove several tokens at the same time, which underlines the importance of continuing market demand.

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