Saturday, November 2, 2024

DEX Screener To Overview Moderation Coverage Amid Flurry of Racist Memecoins

The platform ensured it received’t be a gatekeeper, however that it’s additionally not right here to unfold hate.

A proliferation of racist tokens has pushed DEX Screener, a real-time DeFi token analytics platform, to overview its token profile moderation coverage.

“We’ll be reviewing our token profile moderation coverage within the coming days,” mentioned the platform’s X account, including that it, “will not be the gatekeepers of what occurs on-chain, however we’re undoubtedly not right here to unfold hate.”

The announcement, made late Friday, March 22, got here as a lot of unsavory token profiles started popping up on the platform–most of that are surfacing on Solana.

A few of these embody derogatory phrases and symbols primarily based on race and faith, in addition to different hateful language.