Binance Implements "Vote-Washing" to Prevent Cheating in Listing Votes

Binance co-founder He Yi addressed community concerns regarding potential vote manipulation, including vote bribery, in Binance’s newly introduced "Vote to List" mechanism. She stated that Binance will implement "vote-washing" to eliminate fraudulent practices, ensuring a fair and transparent voting process.Key Measures to Maintain Voting IntegrityVote-Washing System: Binance will actively monitor and filter manipulated votes, preventing artificial inflation of support for certain projects.Strict Anti-Cheating Policies: Any evidence of vote-buying, bribery, or coordinated manipulation will result in disqualification.Enhanced Due Diligence: While community voting plays a role, projects must still pass Binance’s compliance and security reviews before listing.Real Community Participation: Binance remains committed to ensuring that only genuine user votes contribute to the final listing decisions.The "Vote to List" mechanism was designed to increase community participation in Binance’s listing process, and He Yi reaffirmed that the exchange will take strict action against any attempts to manipulate the system. Binance will continue refining its processes to uphold transparency, fairness, and user trust in all listing decisions.