According to a blog post published on September 21, Binance has opened a new "Innovation Zone" for select users to exchange upcoming DeFi tokens.
The desire to bring a balance of accessibility to DeFi coins while allowing consumer security was inspired by the Innovation Zone.
Binance said, however, that it would currently list DeFi tokens with no creators.
CEO Changpeng Zhao stresses that it is dangerous to exchange new DeFi tokens and brings home the argument that there is a greater than 50 percent chance of losses being taken.
He hopes that the Innovation Zone will only trade in those who recognise the possibility and only keep themselves accountable.
The essence of the Innovation Zone is that it is a place where investors can find attractive investment opportunities when a new token can rapidly acquire liquidity.
The DeFi industry is plagued by false or easy-to-produce tokens with no value, which have urged caution against exchanges such as Uniswap