This Tuesday Binance announced that the proposal to reduce fees for the functions of “release” and “listing” assets on its test decentralized trading platform was supported by all network validators and accepted.
Now the cost of issuing an asset is 1,000 BNB, and its 2,000 BNB for the listing. Since each individual user is allowed to register up to 20 addresses in order to receive 200 BNBs in a test network for each of them, one account on the main exchange will now be enough to accumulate a sufficient number of tokens and perform the indicated actions independently.
To release assets, users should resort to using the Binance Chain command line interface, where using the commands they can set parameters such as the name of the token, the amount of emission, the possibility of additional emission, as well as burn and freeze the tokens. To list the issued asset, the user must enter the appropriate command and specify the counter currency, then make a deposit of the required size and wait for the approval of the proposal by the validators.