LBank has expressed its discontent with the recent listing of $DOGS on Binance's Launchpool, challenging the exclusivity of the listing. The exchange highlighted its early support for the @realDogsHouse project, questioning whether prioritizing Binance undermines the community-driven goals of $DOGS, potentially leading to centralized control by a single platform—something that LBank argues goes against the project’s original decentralized ethos.
While Binance’s Launchpool offers $DOGS greater exposure and liquidity, allowing users to stake the token for rewards, LBank fears this move might shift focus away from the broader community. The exchange is particularly concerned about user empowerment and price discovery, suggesting that pre-market trading on multiple platforms would enable users to set the token’s value more freely, rather than leaving it to the discretion of the project team.
LBank also disputes claims that only the Binance-listed version of $DOGS is authentic, questioning the legitimacy of such assertions. The exchange defended its platform, stating that it allows users to withdraw and transfer tokens freely, and denies any accusations of counterfeit tokens.
The criticism from LBank has sparked debate within the crypto community, with some questioning whether a crypto exchange needs special permission to list a token on its platform.
