Binance adds 17 tokens to its second Vote to Delist round, featuring JASMY, FTT, VOXEL, and GPS

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’s Vote to Delist program is part of its ongoing effort to improve transparency and give the community a voice in listing decisions. According to the platform’s Apr. 10 announcement, 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. Users must have a verified Binance account and hold at least 0.01 BNB during the voting period in order to be eligible. 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 won’t 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, including BAL, CREAM, SNT, HARD, TROY, UFT, FIRO, and more will be removed on Apr. 16. Binance cited concerns about compliance, slow development, and poor trading activity as some of the reasons for their delisting.

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 real-time APR rewards. This feature gives users more flexibility by enabling them to use the same capital in two different ways.