Binance Co-founder He Yi has recently taken to Twitter to discuss the criteria for token listings on the platform, emphasizing that Binance strives to consider the majority of user demands when listing coins. He stated that listing decisions aren’t solely at the discretion of one person, including CEO Changpeng Zhao, but are a broader collaborative decision-making process.
In his tweets, He Yi also touched on issues related to coin performance and market volatility. He mentioned that some newly listed tokens have not performed well, while some lesser-known tokens have experienced drastic price fluctuations. In response, Binance monitors the wallets of project owners and market makers associated with the Launchpad platform. In addition, they are now requiring multi-party custody of tokens issued by project owners as part of mutual oversight.
Addressing recent Initial Exchange Offerings (IEOs) that quickly achieved…
