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Binance Will Move SHIB, FXS, TWT and 1INCH Out of the Innovation Zone on 2023-04-18

Binance Will Move SHIB, FXS, TWT and 1INCH Out of the Innovation Zone on 2023-04-18

2023-04-17 04:00
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Based on recent reviews, Binance has decided to move the following tokens out of the Innovation Zone on 2023-04-18:
  • Shiba Inu (SHIB)
  • Frax Share (FXS)
  • Trust Wallet Token (TWT)
  • 1inch (1INCH)
The Innovation Zone was introduced to give Binance users a safe place to trade new and innovative projects. Overtime, some of these projects have proven their worth and meet the high level of standard that we expect. When we identify such projects during our periodic project review, we will move them out of the Innovation Zone.
When we conduct these reviews, we consider a variety of factors. Here are some of those criteria:
  • Commitment of team to project
  • Level and quality of development activity
  • Trading volume and liquidity
  • Stability and safety of network from attacks
  • Network / smart contract stability
  • Level of public communication
  • Responsiveness to our periodic due diligence requests
  • Evidence of unethical/fraudulent conduct or negligence
  • Contribution to a healthy and sustainable crypto ecosystem
Please note:
  • Other services related to the tokens will not be affected.
We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.
Thanks for your support!
Binance Team
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
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