Review
- Follow up proposal of LON launch on Cream
- waiting for the committee member to initialize the proposal
- Tokenlon v5.2.0 protocol mainnet deployment
- Already deployed on the back end, the contract will be officially deployed next Monday. A service suspension announcement will be issued before the deployment.
- The Thousand Coins Program entered DEV environment integration test
- Fixed the bug in the DEV environment test and already entered the Staging environment integration test
The cryptocurrency market saw a new round of sharp declines this week, with ETH falling below $2000 and DeFi-related tokens dropping in market cap, leaving the overall market in a sobering atmosphere.
Stats
Tokenlon's trading users and volume went up this week compared to last week, with a trading volume of $175,186,124.12 and 3,534 unique trading addresses. Current balance (before miner fees) is $8,577,899.47, and the cumulative number of bought back LON exceeded 2 million, reaching 2,113,165 LON.
Total Locked up LON: 17,449,783.08, which account for 55.2% of the total circulation volume; current staking APY 55.74%; LON/ETH pool: APY 42.53%; LON/USDT pool: APY 51.52% 。
Prod&Tech
Tokenlon's overall front-end and back-end optimization work plan is sorted out to make future development projects more agile
More friendly staking risk promotion
Based on the result of the community governance voting, the trading mining rewards received by market makers in April were distributed this month with a one-time payment
Uniswap V3 contract layer research has been completed, and after passing the contract audit, LON buyback will be connected to Uniswap V3's liquidity.
Market
WePiggy now officially supports xLON lending，the locked up volume has reached $ 1 million, click here to learn the details.
Planning
- Bitoffer AMA event
- Bitoffer has launched LON contract trading and will hold an AMA event at imToken Fans
- Contract 5.2.0 upgrade
- The Thousand Coins Program, optimized best route of quoted price
- Start the research on limit order
- Link the liquidity of Balancer v2
If you run into any questions or have any suggestions on Tokenlon, you are welcome to join our Discord group and chat with us.
Important Risk Warning
- LON token contract address:
0x0000000000095413afC295d19EDeb1Ad7B71c952 - Beware of scams!
Tokenlon
2021.07.16
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Notes
Digital Assets are highly volatile and unpredictable. Please do your research before trading.