TechFlow news, PowerPool has expressed regret over the upcoming delisting of its native token $CVP from Binance.
The team stated that Binance's decision came as a surprise and no specific reasons were provided. PowerPool has been actively building its protocol and community, including participating in Binance’s CVP Learn and Earn campaign. The team submitted detailed development and activity reports to Binance as requested.
Binance has not provided feedback on the reports or any other activities, nor has it explained the reason for placing $CVP on monitoring status. The team has not sold any portion of its allocated tokens (which unlocked about a year ago).
$CVP remains available for trading on multiple centralized exchanges such as Gate and Mexc, as well as on the Uniswap decentralized exchange.
The team is calling for community support, emphasizing the importance of decentralization, and inviting community members to share suggestions and ideas for expanding the project.
