Binance has announced updates to its listing process, introducing community voting and additional listing options. The changes aim to increase user participation in the selection of tokens while refining how new projects are introduced to the platform.
As part of these updates, Binance is implementing “Vote to List” and “Vote to Delist” mechanisms. The Vote to List feature will allow users to support projects they want to see listed. Binance will select potential projects from the market and the Alpha Observation Zone, and those receiving the highest votes—while passing due diligence—will be considered for listing.
The Vote to Delist mechanism will let users vote on the removal of tokens in Binance’s Monitoring Zone. Projects with inactive development, lack of updates, token supply concerns, or other risks may be flagged for removal.
To participate in voting, users must hold at least 0.01 BNB in their master accounts. Binance has stated that further details on how the voting process will work will be announced later.
New Listing Methods and Project Evaluation
Binance has also outlined several ways for projects to be listed, including:
- Launchpool, where users can earn new tokens by staking BNB and other supported assets.
- Megadrop, a listing model where users can earn points by staking BNB or completing Web3 tasks before a project is listed.
- HODLer Airdrops, where Binance distributes tokens based on snapshots of users’ BNB holdings in certain products.
- Direct Spot Listings, which provide direct market access for projects that meet Binance’s criteria.
- Pre-Market Trading, allowing early trading of selected Launchpool tokens before their official spot listing.
Binance has also confirmed that it will remove the Price Cap Mechanism that previously limited price movement in Pre-Market trading.
Alpha Observation Zone and Token Monitoring
The Binance Wallet Alpha Observation Zone will continue to track emerging and trending projects, some of which may experience high volatility. Projects that conduct exclusive Token Generation Events (TGE) on Binance Wallet will be granted direct access to this zone.
Binance will monitor these projects’ performance to assess their suitability for a full listing. However, multiple projects may be removed from the Alpha Zone simultaneously if their demand and activity decline.
Impact of the Changes
With these updates, Binance aims to adjust how projects are listed and removed, introducing community governance elements and offering new listing formats. The platform will continue to evaluate projects based on innovation, team background, market demand, and compliance.
