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Binance’s “Vote to List” Sparks Bias Concerns

Binance has introduced two new community-driven features: “Vote to List” and “Vote to Delist.” These allow users to decide which tokens get listed or removed from the exchange. However, some question whether Binance is favoring its own ecosystem in the process.

BNB Chain Tokens Dominate “Vote to List”

On March 20, 2025, Binance launched its first “Vote to List” event. Several BNB Chain-based tokens, including Broccoli, KOMA, and BANANAS31, secured listings. This mirrors Binance’s previous community vote on whether to list Pi Network’s Pi Coin.

Just a day later, on March 21, 2025, Binance introduced “Vote to Delist.” The first 21 tokens up for potential removal included:

🚨 JASMY, ZEC, FTT, ELF, SNT, STPT, BAL, ARK, GPS, MBL, PROS, CTXC, HARD, BETA, CREAM, FIRO, VIDT, NULS, TROY, ALPACA, and UFT.

While Binance claims these votes give the community more power, critics argue the process may be biased.

Is Binance Favoring Its Own Ecosystem?

A closer look at Vote to Delist” reveals an interesting pattern. Of the 21 tokens flagged for removal, only ALPACA belongs to BNB Chain. The rest are from Ethereum, Base, and other blockchain networks. These projects were targeted due to low liquidity, lack of development updates, or weak community engagement.

This imbalance raises concerns:

  • BNB Chain dominates the tokens listed through “Vote to List.”
  • Non-BNB Chain projects face higher risks of delisting.
  • Does Binance give its ecosystem an advantage?

While Binance claims listing and delisting are based on liquidity, project development, and community support, some non-BNB Chain projects struggle to compete with the built-in advantages of Binance-backed tokens.

What’s Next for Binance’s Community Voting?

Binance describes this as a trial, meaning changes could come based on feedback. The real question is whether Binance will adjust its process to be more balanced or if BNB Chain will continue to dominate the exchange.

For now, the crypto community is watching closely to see how Binance handles its new token governance model.

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Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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