Fulfilling its promise of handing over more power to the token holders, Bitrue has announced that from July 28, 2021, onwards, the BTR token holders will decide on the future of the exchange. Phase one of this empowerment will witness the voting by token holders in which decision will be taken on the listing of the next set of coins on the exchange.
In addition to determining coins, the future will also witness the token holders having their say on the issues of choosing specific trading pairs that will be listed on the exchange and coins that will become part of Power Piggy. Even token holders can give inputs to the development team about the new features that they want to see incorporated in the future products and services of the exchange.
The support level for listing a coin on the exchange is already predefined. Once the support for the particular coin reaches that predetermined level, it will get listed on the exchange. Another benefit associated with voting is that if a voted coin gets listed on the exchange, holders become eligible for an airdrop with an amount proportional to their BTR’s value used for the voting.
Bitrue review reveals that most of the coins vying for listing on exchange belong to the new generation of blockchain ecosystems. Some of the specific examples of these new blockchains include Cardano, Solana, and Hedera. Bitrue exchange has been at the forefront of extending support to these emerging blockchains to create a dynamic and vibrant ecosystem for the entire domain of crypto and blockchain in the future. The exchange has also reached out to many investors for the listing process, which is indeed a laudable initiative on its part. The empowerment of token holders is aligned with the spirit of decentralized technology, and through this step, Bitrue is all set to expand its influence among target audiences.