Binance Launches Round 2 of Its Vote to Delist Campaign, Inviting Users to Vote on Whether 17 Tokens Should Be Removed

input: Binance has launched the second round of its Vote to Delist campaign, inviting users to vote on whether 17 tokens with the “Monitoring” tag should be removed from the platform.

Binance is giving its users another chance to influence listing decisions as it launches the second round of its Vote to Delist campaign.

The exchange is putting 17 tokens with the “Monitoring” tag to a vote, inviting users to choose which five they want to see removed from the platform.

The tokens up for potential delisting are FTT, JASMY, VOXEL, GPS, ZEC, STPT, ARK, ARDR, MBL, PERP, NKN, WING, LTO, FLM, BSW, ALPACA, and PDA.

Voting will take place through Binance Square between Apr. 10 at 4:00 UTC and Apr. 16 at 23:59 UTC.

To vote, users must have a verified Binance account and hold at least 0.01 BNB during the voting period. Each user can vote for up to five tokens, with one vote per project.

While Binance will consider community feedback, it clarified that the outcome of the vote will not be the only deciding factor. Other elements such as project activity, liquidity, team responsiveness, and regulatory risks will influence the final delisting decision.

Following the conclusion of the first Vote to Delist round earlier this month, 14 tokens will be removed on Apr. 16.

The tokens set for delisting are BAL, CREAM, SNT, HARD, TROY, UFT, FIRO, XVS, MDX, BPD, AGIX, and AGLR.

Binance's decision to delist these tokens was influenced by several factors, including a lack of progress in meeting user protection requirements, slow development, and poor trading activity.

In another recent development, on Apr. 9, Binance introduced LDUSDT, a new reward-bearing margin asset designed to boost capital efficiency.

With LDUSDT, users can convert Tether (USDT) from Simple Earn, Binance’s savings product, into a margin asset for futures trading while still earning the real-time APR rewards. This feature gives users more flexibility by enabling them to use the same capital in two different ways.