🏹 List and Delist

To help users catch the best alpha opportunities and best protect the interests of users, BuildKey follows a strict list and delist rule.

1. List

The listing rules are designed to identify and list projects with the highest potential:

1. In responding to community feedback, new assets will be added to the listing roadmap and enter an observation stage.

2. The timing and final listing of projects in the observation stage will depend on their team background, TGE plans, and the clarity of available information.

2. Delist

The delist rules are designed to protect users and ensure a fair trading experience:

1. This delist rule applies to projects with inactive building status or no solid progress towards TGE, and also applies on projects that involved in other liquidity events (e.g., acquisitions, mergers, IPOs) that halt TGE advancement.

2. Before delisting, a transition period will be applied. During this period, trading will be switched to Close-Only Mode. Users may only close existing positions, and cannot open new positions.

3. After the transition period, all long and short positions will be force-closed. The settlement amount will be calculated based on liquidity status. All users will share the liquidity proportionally per their holdings.

Detailed timeline and rules will be provided in the corresponding delist announcement.