Binance is actively working to enhance community participation and protect user interests. These initiatives aim at promoting transparency and market fairness.
Considering Community Interests in Listings
Binance has consistently valued community feedback. Before launching the Community Co-Governance Mechanism, the listing of RED was postponed due to unexpected changes in airdrop rules by the project team, raising community concerns. The listing resumed once the distribution plan was adjusted to prioritize user interests.
Transparent Listing Budget and Rewards
Binance postponed RED’s listing after last-minute airdrop rule changes led to community concerns, resuming only after the team adjusted its plan to prioritize user interests.
Ensuring Market Integrity
Binance identified and took action against a market maker manipulating GPS and SHELL, banned them, and confiscated their proceeds to compensate affected users. Committed to fair trading, Binance enforces strict anti-manipulation policies.
These steps further affirm Binance's commitment to maintaining client trust through enhanced community participation and ensuring fair market practices.
