Binance, the world’s largest cryptocurrency exchange, has reached out to low-liquidity token projects to boost their liquidity protection. The exchange is concerned about risks posed by limited market liquidity and smaller market capitalization, which could lead to manipulation. Binance has proposed that these projects allocate up to 5% of their circulating tokens to Binance saving pools in return for interest, aiming to enhance liquidity protection.
Binance Is Contacting Low-Cap Crypto Projects in Bid to Boost Trading
