PowerPool: Binance delisting CVP was unexpected and no specific reason was provided.

According to ChainCatcher news, PowerPool expressed regret over Binance's decision to delist its native token CVP and made the following responses:

• This decision came as a complete surprise to us, and Binance did not provide any specific reasons or triggers for the delisting of CVP;
• PowerPool has been building the protocol and community, providing technical and marketing activities, including Binance CVP Learn and Earn;
• The PowerPool team provided a detailed report on the development and other activities required by the team after the listing on Binance;
• Binance did not provide feedback on the report or any other reporting activities, nor did it provide any information related to the reasons for being placed on the watchlist;
• The team has not sold any team token allocations (the tokens were unlocked about a year ago);
• CVP has been listed on multiple CEXs (such as Gate, MEXC, etc.) and Uniswap DEX.

Yesterday's news reported that Binance announced it would gradually delist and cease all related trading for six tokens starting from August 19, 2024, Beijing time. These tokens include PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), Reef (REEF), and VGX Token (VGX).