The planned Galileo update has successfully completed on the Binance Chain core network. Thanks to that, the function of delisting trading pairs appeared in the Binance DEX. The community will be able to decide on their removal if they have low trading volumes for a long time.
#Binance Chain Galileo Upgrade Complete
What’s new and improved after upgrade:
– Matching Engine Revision
– Delist Trading Pairs on Binance DEX
– Time Locking of Token Assets on @Binance Chain
– State Sync Enhancement
Full details below????https://t.co/8SQPDH9AX2 pic.twitter.com/yq4ktCiqDx
— Binance DEX (@Binance_DEX) July 15, 2019
Thanks to the update on the decentralized exchange of the company, the concepts of maker and taker were implemented. Project managers suggest that the new system will be friendly to new users and reduce the likelihood of surprises.
Projects that are based on Binance Chain will now be able to block a certain amount of their tokens for a specified time and then unlock them. Due to this, it will be possible to limit the number of coins belonging to the team or provide third-party assets. In addition, the blockchain synchronization time was reduced.