The latest announcement from Binance shows that Binance has decided to move some of the following tokens into the innovation zone starting on 2023-05-10.
The tokens in question are:
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 than other listed tokens. Binance will identify such projects in a periodic review before deciding to move them to the Innovation Zone. The projects placed in the Innovation Zone will be closely monitored for development.
According to Binance, several considerations were taken before the transfer. Among some of those criteria:
1. Team commitment to the project
2. Level and quality of development activities
3. Volume and liquidity
4. Stability and network security from external attacks.
5. Network / smart contract stability
6. Level of public communication
7. Responsive to due diligence requests.
8. Evidence of unethical behavior/fraud or negligence
9. Contribution to a healthy and sustainable crypto ecosystem
However, other services related to tokens will not be affected.
