Recap of this week
Maketing/Community
- The adjustment of LON economic mechanism
- The draft is finished and we will discuss it on Tokenlon governance forum to receive the feedback from community
- NFT campaign with imToken
- The event will start in the next Saturday, come and join it to stand a chance to win imToken Bulu NFT in limited numbers, more details you can find here
- The onboarding of the new market maker
- Preparing for API access
- Listing of ENS
- Tokenlon has listed ENS token, the maximum of single trade of ENS is 548 now
Product &Tech Updates
- The check of EIP1559 especially in esitimation of gas fee
- The confirmation of event trackings for cancelling the trade limit on Tokenlon
- The discussion of improvement on the signature of LON buyback
- Analyze the utilization rate of Tokenlon miner fees, design a more reasonable method for estimating miner fees, and provide users with the most reasonable gas fees
- Improve the experience when users redeem imBTC and solve the amount limitation
- Based on the data, analyze the user trading motivation and set up a draft for the optimization of product
This week is amazing, according to the data from Coingecko, BTC and ETH both set a new ATH with $69,044 and $4,878 respectively.
Stats
Tokenlon weekly trading volume is $167,977,155.95 with a 9.57% increase. More data about LON staking and liquidity mining you can see the table below.
Work for next week
- Based on the new draft of LON economic mechanism, we will discuss it on the community and hope can hear your voice
- The draft of optimization of Tokenlon web
- Communicate with several projects about the potential cooperation opportunities
- TIP 23 - Rewards for LON buyback III
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,
2021.11.12
Contact us
Notes
Digital Assets are highly volatile and unpredictable. Please do your research before trading.