This is a general announcement; the products and services mentioned here may not be applicable to your region.
Dear users:
Binance values the many valuable opinions from the community. We have always stood alongside the community, and Binance's development and success rely on the support of the community. Recently, we launched two community co-governance mechanisms for listing: voting for listing and voting for delisting to enhance listing management and empower community users with more decision-making rights.
Current delisting mechanism:
We regularly review each listed digital asset to ensure it continues to meet high standards and industry requirements. When a coin or token no longer meets these standards or the industry environment changes, Binance will conduct a more in-depth review and may apply observation tags to indicate that it may be delisted.
New voting delisting mechanism:
Looking ahead, Binance will introduce a new community-driven delisting mechanism. We now invite users to participate and vote to choose the first batch of projects for delisting under the official Binance Square post (the post will be live within 30 minutes after this announcement). Users can vote for projects they wish to delist from the observation area. The community will play a larger role, but please note that the voting results will not be the only factor determining the final delisting; the final decision will depend on the official review process.
Please note: When Binance conducts delisting reviews, we will consider the following factors:
Team commitment to the project
Standards and quality during project progress
Trading volume and liquidity
Stability and security of the network to prevent attacks
Level of public communication, community engagement, and transparency from the project team
Proactivity in response to Binance's regular reviews
Unethical/fraudulent activities
New regulatory requirements
Significant or unreasonable increases in token supply or changes to token economics
Impact of changes in project ownership structure or core team members
Community sentiment
We encourage users to also consider the above factors before voting.
How to vote:
The voting period will begin within 30 minutes after the release of this announcement and will last for 7 days.
Voting period: March 21, 2025, 14:30 to March 28, 2025, 07:59 (UTC+8) ("Voting Period").
Users must log in to their Binance account, which has been verified, to vote, and must hold at least 0.01 BNB in their trading account throughout the voting period for their vote to be valid;
Each user can vote for a maximum of 5 projects in the voting delisting pool during the voting period;
Each verified account can only assign one vote to one project;
Please vote through this Binance Square post.
Notes:
Projects that have already been announced for delisting will not be included in the vote.
The results of this vote are for reference only, and whether a project is delisted will be evaluated and decided based on the official delisting review process and standards;
All votes must comply with the terms and conditions of the voting delisting activity. Invalid votes and votes that violate the terms and conditions will be canceled at the end of the voting period;
Only votes from activities on the official Binance Square account post will be referenced and counted;
Voting results will be updated in real-time on the official Binance Square account. This result does not represent the final valid vote count. At the end of the event, we will announce the final valid vote count after removing ineligible votes or votes from users in inapplicable regions and votes that violate the terms and conditions.
Disclaimer: While we value and will consider the voting results, the voting results are for reference only and do not determine any decisions or actions that Binance may or may not take. The monitoring of the project is still under evaluation, and Binance will make decisions based on our official review process and standards.
Voting delisting (hereinafter referred to as the activity) terms and conditions:
This activity may not be applicable to your region;
Bulk registered accounts or sub-accounts are not allowed to participate in this activity and will be removed at the end of the voting. If any account is involved in violations of the terms, Binance reserves the right to cancel the user's eligibility to participate in this activity;
Binance reserves the right to modify the activity or activity rules at any time at its discretion without prior notice, including but not limited to canceling, extending, terminating, or suspending the activity, eligibility terms and standards, evaluation criteria, and timing of any actions. All users are bound by the revised terms above. Your participation in this activity indicates your agreement to abide by and be bound by the decisions of Binance Square;
For any participants who tamper with Binance program code or use other software to interfere with the operation of Binance program code, Binance reserves the right to cancel their eligibility to participate;
Binance reserves the final interpretation of this activity;
Other terms and conditions for voting delisting can be found here;
Eligibility to participate depends on the user's residency in their country or region;
Please note that the following list of inapplicable countries is not exhaustive and may change due to changes in local laws, regulations, or other considerations;
Currently, users residing in the following countries or regions (but not limited to this) will not be able to participate in voting: Albania, Australia, Bahrain, Brazil, Canada, Crimea, Cuba, Cyprus, El Salvador, Germany, Gibraltar, Iran, Ireland, Japan, Kazakhstan, Netherlands, New Zealand, Nigeria, North Korea, Philippines, Portugal, Russia, Serbia, Singapore, Syria, United Arab Emirates, United Kingdom, United States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, U.S. Virgin Islands), and any non-government-controlled areas of Ukraine;
This list may be updated periodically at Binance's discretion;
There may be differences between the English original announcement and the translated version. In case of any discrepancies, please refer to the English original for the latest or most accurate information.
Thank you for your long-term support and affection for Binance. We will continue to build the blockchain ecosystem in an open, transparent, and sustainable manner.
Thank you for your support of Binance!
Binance Team
March 21, 2025