Binance Launches Second "Vote to Delist" Campaign for 17 Tokens

Binance has launched its second "Vote to Delist" campaign, inviting its users to participate in the decision-making process regarding underperforming tokens. This initiative, which began on April 10, 2025, at 04:00 UTC and will conclude on April 16, 2025, at 23:59 UTC, allows verified users holding at least 0.01 BNB to cast their votes on 17 tokens that have been flagged with the "Monitoring Tag." These tokens have been identified for various issues, including low liquidity and poor performance.

The 17 tokens under scrutiny include a diverse range of projects, such as PDA (PlayDapp), a blockchain gaming platform; VOXEL (Voxies), a 3D tactical RPG; ALPACA (Alpaca Finance), a lending protocol; and BSW (Biswap), a decentralized exchange. Other notable tokens include FLM (Flamingo), a DeFi protocol on the Neo blockchain; LTO (LTO Network), a hybrid blockchain for business solutions; and WING (Wing Finance), a credit-based DeFi platform. Additionally, the list features PERP (Perpetual Protocol), a decentralized perpetual contracts platform; MBL (MovieBloc), a decentralized content distribution platform; and GPS (GoPlus Security), a Web3 security layer. The list also includes ARDR (Ardor), a multichain blockchain; ARK, a platform for building blockchains; STPT (Standard Tokenization Protocol), a network for digital assets; FTT (FTX Token), the utility token of the FTX ecosystem; JASMY (JasmyCoin), a data marketplace; and ZEC (ZCash), a privacy-focused coin.

The voting process is straightforward: users with a verified Binance account and at least 0.01 BNB can cast up to five votes, with each vote being for a single project. The results will be displayed in real-time on Binance Square, but the final decision will be made by Binance after an internal review. This review will consider factors such as team commitment, network stability, and community engagement.

Binance's "Vote to Delist" program is designed to enhance the platform's transparency and security by involving the community in the decision-making process. The first round of voting resulted in the delisting of 14 tokens, demonstrating the program's effectiveness in identifying and removing underperforming projects. This second round aims to further strengthen the crypto ecosystem by ensuring that only high-quality projects remain listed on the platform.

The initiative underscores Binance's commitment to maintaining a robust and trustworthy environment for its users. By empowering the community to have a say in the delisting process, Binance is fostering a more collaborative and transparent approach to managing its token listings. This approach not only helps in weeding out underperforming tokens but also encourages projects to improve their performance and engagement to avoid delisting. The outcome of this voting process will be closely watched by the crypto community, as it will set a precedent for future delisting decisions and highlight the importance of community involvement in shaping the crypto landscape.

Binance has been raising the standards for crypto projects to protect investors. The exchange has reinforced its project requirements throughout the past year to establish more secure conditions for investors. Primarily to enhance project quality, Binance demands tokens to maintain a minimum one-year cliff requirement. By forcing exchanges to do improved listing evaluation with participation from both exchange members and community members, the “Vote to Delist” campaign influences cryptocurrency markets. Projects have to demonstrate consistent community engagement as they must exceed performance standards and be routinely evaluated. Tokens underperforming or posing risk removed by exchanges help investors by means of improved security policies, hence establishing a reliable investment platform.

The second “Vote to Delist” program from Binance creates a more responsive and compliant cryptocurrency market. Binance strengthens its exchange industry leadership by enabling its community members to take part in deciding which coins get delisted. The evolving crypto industry depends on similar initiatives to promote trust alongside long-term security of the sector.