De-listing Policy
NYYU token and asset de-listing policy
De-listing Policy
At NYYU, we prioritize maintaining a secure, transparent, and efficient platform. Our de-listing policy ensures the integrity and quality of listed assets.
Platform Integrity
We continuously monitor all listed assets to ensure they meet our standards and protect our users' interests.
De-listing Criteria
⚖️
Failure to comply with relevant laws, regulations, or legal requirements in any jurisdiction.
🔒
Discovery of critical security vulnerabilities or unresolved technical issues that pose risk to users.
📊
Consistently low trading volume, lack of liquidity, or insufficient market interest over an extended period.
🚀
Abandonment of the project, lack of updates, or significant negative changes in roadmap or objectives.
💬
Poor community engagement, negative feedback, or significant loss of community trust.
⚠️
Involvement in fraudulent, deceptive, or unethical activities that harm users or the platform.
📝
Formal request from the project team to voluntarily de-list the asset from the platform.
De-listing Process
Initial Review
NYYU's Research and Compliance teams continuously monitor listed assets. If an asset meets any de-listing criteria, it will be flagged for further review.
Notification
The project team and relevant stakeholders will be notified of the potential de-listing and given an opportunity to address the concerns raised.
Timeline: Project teams typically have 14-30 days to respond and address concerns.
Evaluation
A thorough evaluation will be conducted to assess the severity of the issues and the potential impact on users.
Decision
Based on the evaluation, a final decision will be made regarding the de-listing of the asset. The project team will be informed of the decision.
Public Announcement
An official announcement will be made to inform users of the de-listing, including the reasons and the effective date.
Notice Period: Users will receive at least 30 days' notice before de-listing execution.
De-listing Execution
The asset will be removed from the platform on the specified date, and all trading pairs involving the asset will be suspended.
User Guidelines
Users will be provided with a minimum 30-day withdrawal period to transfer their holdings of the de-listed asset to external wallets or other platforms.
All updates and information regarding the de-listing will be communicated through official NYYU channels, including website, social media, and email notifications.
Trading will be suspended at the announced time. Users are advised to close or cancel all open orders before the suspension takes effect.
NYYU is committed to ensuring users can safely withdraw their assets. Support will be available throughout the withdrawal period.
Our de-listing policy is designed to protect users and maintain the highest standards of security and compliance. We are committed to transparency throughout the process and ensuring users have adequate time to manage their assets.