Binance Will Move AMB, ARK, BTS, DREP, FTT, GFT, JASMY, LOOM, MLN, OAX, OMG, PERL, PNT, SNM, SRM, VGX, WRX, and YFII into the Innovation Zone on 2023-05-10 | Binance Support

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Based on recent reviews, Binance has decided to move the following tokens into the Innovation Zone on 2023-05-10:

• AirDAO (AMB)

• Ark (ARK)

• BitShares (BTS)

• Drep (DREP)

• FTX Token (FTT)

• Gifto (GFT)

• JasmyCoin (JASMY)

• Loom Network (LOOM)

• Enzyme (MLN)

• OAX (OAX)

• OMG Network (OMG)

• PERL.eco (PERL)

• pNetwork (PNT)

• SONM (SNM)

• Serum (SRM)

• Voyager Token (VGX)

• WazirX (WRX)

• DFI.Money (YFII)

The Innovation Zone was introduced to give Binance users a place to trade innovative projects with higher volatility and risk compared to other listed tokens. When we identify such projects during our periodic review, we will move them into the Innovation Zone. Projects placed in the Innovation Zone will be closely monitored on their developments.

When we conduct these reviews, we consider a variety of factors. Here are some of those criteria:

• Commitment of team to project

• Level and quality of development activity

• Trading volume and liquidity

• Stability and safety of network from attacks

• Network / smart contract stability

• Level of public communication

• Responsiveness to our periodic due diligence requests

• Evidence of unethical/fraudulent conduct or negligence

• Contribution to a healthy and sustainable crypto ecosystem

Please note:

• Other services related to the tokens will not be affected. 

• The Innovation Zone tagging for these tokens will be updated shortly after the publishing of this announcement.

We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.

Thanks for your support!

Binance Team

2023-05-10
 

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

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