Binance updates the token info system to include unlock schedules, enhancing transparency.
The new Binance partnership with INHOPE aims to improve online safety using blockchain technology.
Binance is revamping how it shares token information, incorporating unlock schedules into market capitalization and circulating supply data. The update, effective February 14, aims to enhance transparency, allowing users to make more informed trading decisions.
Binance will now collect token unlock details directly from listed projects, ensuring a more comprehensive view of market data. The new system provides real-time access to unlock schedules via the Binance website and app.
Binance Introduces Token Unlock Schedules
According to Binance, the new methodology changes how market capitalization and circulating supply are calculated. Previously, market capitalization was determined by multiplying an asset’s liquidity by its price, while circulating supply only included publicly available token
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