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De-Listing Policy on NYYU

At NYYU, we prioritize maintaining a secure, transparent, and efficient platform for our users. To ensure the integrity and quality of the assets listed on our platform, we have established a comprehensive de-listing policy. This policy outlines the criteria and process for the de-listing of assets that no longer meet our standards.

Criteria for De-Listing​

An asset may be considered for de-listing from the NYYU platform under the following circumstances:

  1. Regulatory Compliance: Failure to comply with relevant laws, regulations, or legal requirements.
  2. Security Concerns: Discovery of critical security vulnerabilities or unresolved technical issues.
  3. Market Performance: Consistently low trading volume or lack of liquidity.
  4. Project Development: Abandonment of the project, lack of updates, or significant changes in the project's roadmap or objectives.
  5. Community Engagement: Poor community engagement, negative feedback, or loss of community trust.
  6. Fraudulent Activities: Involvement in fraudulent, deceptive, or unethical activities.
  7. Request by Project Team: Formal request from the project team to de-list the asset.

De-Listing Process​

  1. Initial Review: NYYU's Research and Compliance teams continuously monitor listed assets. If an asset meets any of the de-listing criteria, it will be flagged for further review.
  2. Notification: The project team and relevant stakeholders will be notified of the potential de-listing and given an opportunity to address the concerns raised.
  3. Evaluation: A thorough evaluation will be conducted to assess the severity of the issues and the potential impact on users.
  4. Decision: Based on the evaluation, a decision will be made regarding the de-listing of the asset. The project team will be informed of the decision.
  5. Announcement: An official announcement will be made to inform users of the de-listing, including the reasons and the effective date.
  6. Delisting Execution: The asset will be removed from the platform on the specified date, and trading pairs involving the asset will be suspended.

User Guidelines​

  • Withdrawal Period: Users will be provided with a withdrawal period to transfer their holdings of the de-listed asset to external wallets or other platforms.
  • Communication: All updates and information regarding the de-listing will be communicated through official NYYU channels, including our website, social media, and email notifications.