Binance CEO: Launchpool project quota is strictly for users, Binance will not make profits from it

According to BlockBeats news, on October 9, Binance CEO Richard Teng posted on For Binance users, Binance does not make profits from these quotas that are intended for users, and the final allocation of project quotas is determined by the project party. We have implemented strict control measures, including settings for each Launchpool and Pre-Market user. The maximum holding limit for tokens allows the project to reach a wide range of users while providing protection measures. Of course, this also includes our strict token review process and a dedicated market monitoring team to monitor trading activity on Binance. ”

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