Dear user,
It has been a bullish week for the Crypto markets, with BTC and ETH reaching new highs in pricing. For Tokenlon, it has been a week of recap for the last quarter and planning for this quarter as we end the calendar year.
Read on to find out more!
Recap for this week
- TIP - 20: Phase VII of liquidity mining has started
- Start providing LON liquidity and earn from a total pool of 700,000 LON! Simply go to the liquidity mining page, connect your wallet and start
- Tokenlon system optimization
- We are improving our AMMV2 pricing capabilities, to provide you with the best pricing at any point in time
- Q3 OKR review + Q4 OKR Planning
- After internally reviewing last quarter’s progress, we have started planning for this quarter and will update you shortly
Tokenlon & LON statistics
Due to the various restrictions placed on centralized exchanges, many users have moved to decentralized exchanges such as Tokenlon to do their trading.
As such, transaction fees for this week (before deducting for miner fees) increased to $15,588,419.04. However, trading volume dropped to $176,979,484 for this week, in line with the drop in volume for most decentralized exchanges.
LON that is in staking and liquidity mining accounts for 46.7% of LON currently in the market.
Work for next week
- Work with current market-makers to provide market-making support for more trading pairs
- Research on DeFi projects we want to work with
- International marketing research (If you are a Filipino user, please reach out to us)
- For users trying to access non-Ethereum networks, we will provide a more friendly prompt
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,
2021.10.15
Contact us
Notes
Digital Assets are highly volatile and unpredictable. Please do your research before trading.