Wu learned that the author Huang Shiliang proposed that centralized exchanges (CEX) can learn from Uniswap V4's dynamic fee mechanism and introduce "punitive fees" to replace the practice of directly delisting tokens. This mechanism allows for flexible adjustment of rates based on currency performance. At the same time, punitive fees can also be converted into "ecological construction fees" to fund project development. CEX can also introduce a voluntary micro donation mechanism for users to provide targeted support to developer communities such as Bitcoin Core. The author believes that compared to a one size fits all delisting strategy, this type of mechanism provides a more flexible risk response and ecological incentive path while retaining trading options. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=43625