Key Takeaways:Binance is launching a community-driven co-governance mechanism for token listings and delistings.Users will now be able to vote on which tokens get listed ("Vote to List") and which underperforming tokens should be removed from the platform ("Vote to Delist").New listing initiatives include Binance Wallet-exclusive Token Generation Events (TGEs), Launchpool, Megadrop, HODLer Airdrops, and Pre-Market Trading.The Alpha Observation Zone will provide early access to promising on-chain projects, with Binance continuously monitoring performance for potential listings.Binance’s goal is to enhance transparency, align with the community’s interests, and support emerging projects in the blockchain space.Community Co-Governance: Giving Users a Say in Token Listings1. Vote to ListUsers can vote for projects they want listed on Binance.The most-voted projects undergo due diligence before being listed.Eligible projects will be selected from the Alpha Observation Zone and the broader market.Voting Eligibility: Users must hold at least 0.01 BNB in their Binance master accounts.2. Vote to DelistCommunity members can vote to remove underperforming tokens from Binance.Tokens placed in the Monitoring Zone due to low activity, weak development, or increased risks can be delisted based on votes.Voting Eligibility: Users must hold at least 0.01 BNB in their Binance master accounts.Binance aims to empower its users while ensuring that listed projects maintain strong fundamentals, liquidity, and transparency.Binance’s New Listing MechanismsTo maximize opportunities for both users and projects, Binance is introducing new listing frameworks:Launchpool – Users can earn new project tokens for free by staking BNB or other supported assets.Megadrop – A Web3-focused airdrop model integrating Binance Wallet and Binance Simple Earn, allowing users to earn tokens by staking or completing on-chain tasks.HODLer Airdrops – Rewarding long-term BNB holders with random token distributions based on historical snapshots.Direct Spot Listings – Binance will list high-potential projects directly in its spot market.Pre-Market Trading – Allows early trading of Launchpool tokens before their official Binance listing.Binance has also removed price limit restrictions (previously applied to Pre-Market trading), providing more flexibility for price discovery.Alpha Observation Zone: Early Access to On-Chain ProjectsThe Alpha Zone highlights emerging and trending tokens, providing users with early access to high-potential assets.Projects that conduct TGEs (Token Generation Events) exclusively via Binance Wallet will gain direct entry into the Alpha Observation Zone.Binance actively monitors Alpha Zone tokens and may delist those that fail to maintain demand or development activity.Why This MattersMore Transparency & Community ControlThe Vote to List & Vote to Delist mechanisms return power to the community.Users can influence which projects are supported on Binance.More Listing Opportunities for Emerging ProjectsThe Alpha Observation Zone and Binance Wallet TGEs provide low-cost market entry for new projects.Better User IncentivesLaunchpool, Megadrop, and HODLer Airdrops ensure early-stage investors get rewarded.Enhanced Liquidity and DiscoveryPre-Market Trading allows users to position themselves ahead of major token launches.