Binance has kicked off the second phase of its Vote to Delist initiative, inviting users to cast their votes on the potential removal of 17 tokens labeled with the “Monitoring” tag from the platform.
As part of its continued efforts to enhance transparency and empower the community in listing decisions, Binance’s Vote to Delist program plays a key role. In an announcement dated April 10, the platform listed the tokens being considered for possible delisting, which include FTT, JASMY, VOXEL, GPS, ZEC, STPT, ARK, ARDR, MBL, PERP, NKN, WING, LTO, FLM, BSW, ALPACA, and PDA.
Voting will be conducted via Binance Square from April 10 at 4:00 UTC until April 16 at 23:59 UTC. To participate, users must have a verified account on Binance and hold a minimum of 0.01 BNB during the voting timeframe. Each eligible voter can select up to five tokens, casting one vote per token project.
While Binance will take community input into account, it made it clear that the vote’s outcome will not be the sole factor in its decision-making. Other considerations, such as project activity, liquidity, team responsiveness, and regulatory challenges, will also play a role in determining which tokens are ultimately delisted.
Following the conclusion of the initial Vote to Delist round earlier this month, 14 tokens—including BAL, CREAM, SNT, HARD, TROY, UFT, and FIRO—will be removed on April 16. Concerns over compliance, slow development, and low trading activity were cited as some of the reasons for these removals.
In another recent update, on April 9, Binance launched LDUSDT, a new margin asset that generates rewards and aims to improve 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 real-time APR rewards. This offers users greater flexibility by allowing the use of the same capital for two distinct purposes.