# Token Listing & Delisting

Dextr allows trading and liquidity provisioning only for the listed tokens. 

### Token Listings

**Token Listing Process on Dextr**

1. **Eligibility:** Tokens with available price feeds from integrated Price Oracles qualify for listing on Dextr.
2. **Application Submission**: The token issuer (lister) submits a listing application, providing necessary details about the token.
3. **Listing Fee Deposit**: The token issuer deposits the [listing fee](https://dextr-protocol.gitbook.io/dextr-avmm-whitepaper-v3.0/liquidity-provisioning/pages/8XkShEwuIs29wP2rDlLp#id-2.-listing-fee) corresponding to their chosen Asset Categories.
4. **Token Whitelisting:** Upon fee deposition, the token is whitelisted by the protocol.
5. **Pair Activation:** The token lister activates each pair within the asset category by deploying the intent registry (factory smart contract). Once activated, users can commence trading and liquidity provisioning.

{% hint style="info" %}
Gas Fee is incurred by the lister for deploying all factory smart contracts related to the listed token.
{% endhint %}

**Value Proposition of Listing Fee in Dextr**

Dextr offers a cost-effective approach for token issuers. By paying a single listing fee, issuers can activate their token (*X*) within a chosen market category, e.g., All stablecoin pairs. This fee unlocks the deployment of intent registries (orderbooks) for all compatible pairs, current and future, within that category.

Consider activating *X* within the Stablecoin market, which includes 10 different stablecoins. Using this single fee, issuers can create pairings such as *X*/USDT, *X*/USDC, and other relevant pairs.

**Maximizing Liquidity with a Shared X Token Reserve:**

LPs add liquidity to the *X* Token Liquidity Reserve, enabling them to create liquidity positions for all *X*/Stablecoin pairs. This approach eliminates the need for separate liquidity pools for each individual pair. Instead, Dextr creates a unified and efficient system for managing liquidity across all X/Stablecoin pairings. All liquidity for *X*, regardless of the specific stablecoin pair, is pooled together in the *X* Token Reserve.

### Token De-listings

The token de-listing process on Dextr follows these steps:

1. **Delisting Proposal Submission:** Any stakeholder, including project teams, LPs, or community members, can submit a delisting proposal through the Dextr governance system.
2. **Governance Review and Voting**: The proposal undergoes evaluation by Dextr's governance participants, with a voting period lasting 1 Epoch to determine its outcome. 
3. **Announcement of Delisting:** Upon approval, official announcements will be made across social media platforms, detailing the delisting schedule and providing instructions for token holders and liquidity providers.
4. **Suspension of Trading Activity:** Trading orders/intents for the token are immediately suspended. Existing orders in the intent registry are canceled, the token is removed from active trading pairs, and associated Intent Registry(s) (Orderbooks) are deactivated.
5. **Deactivation:** The Listing Fee Smart Contract is deactivated, halting transactions involving the delisted token.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://dextr-protocol.gitbook.io/dextr-avmm-whitepaper-v3.0/liquidity-provisioning/token-listing-and-delisting.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.