Cryptocurrency trade Binance has responded to considerations relating to the neighborhood voting course of for its Pi Community (PI) coin itemizing, stating that votes from customers in sure areas shall be excluded and the ultimate outcomes are for reference solely.
There have been considerations that votes from mainland China may affect the end result of the itemizing vote.
Binance Buyer Assist official X account defined on social media that in accordance with related necessities, votes from customers residing in sure international locations or areas, together with however not restricted to mainland China, won’t be counted within the ultimate voting outcomes.
“On the finish of the occasion, we are going to remove votes from customers who don’t meet the circumstances or come from areas that aren’t legitimate, in addition to votes that violate the phrases and circumstances,” Binance stated. “The outcomes of this vote are for reference solely, and the mission shall be evaluated and determined in keeping with the official itemizing evaluation course of and requirements.”
Binance has launched a neighborhood voting occasion titled “Ought to PI be listed on Binance?” primarily based on sure eligibility standards. To take part within the vote, customers will need to have verified accounts and preserve a stability of no less than $5 equal in the course of the voting interval. Every eligible person is entitled to 1 vote.
*This isn’t funding recommendation.
