# Earn Token Delisting

**Delist Standard**

if a token meets **ANY** condition below in the past 30 days, it is considered to available to be delisted:

* **Low supply**: less than $50k USD value
* **Low collateral value and borrowing**: Less than $50k collateral and $50k borrowing in USD value
* **Security issue**

These standards are targeting tokens that are:&#x20;

1. Low supply and low liquidity that users can hardly leverage
2. High liquidity but low usage that no one wants to leverage or borrow against

### Delist Procedure

#### Phase 1&#x20;

(Execution in the following order)

* Announcement of delisting
* Pause Supply & Pause Borrow
* Reserve Factor 100% & Change IRM to raise borrow rate

#### Phase 2&#x20;

* Announcement of the collateral factor change
* Collateral Factor 0%&#x20;
* Move to the deprecated category on the UI


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