TechFlow reported on October 9 that Binance CEO Richard Teng clarified the allocation mechanism for Launchpool projects on social platform X. Teng emphasized that project allocations in Launchpool are strictly intended for Binance users, and Binance does not profit from them. To protect user interests, Binance has implemented strict control measures, including setting maximum token holding limits for each Launchpool and Pre-Market user. Additionally, Binance has established a rigorous token review process and maintains a dedicated market surveillance team. Teng stated that these measures aim to widely distribute projects to users while providing protection, and Binance will continue improving its products to meet user needs.
Add to Favorites
Share to Social Media
