Phase VIII LON trade mining ended on 20th Dec 2022 at 08:00 UTC and the rewards are currently being calculated.
As the trader reward pool rises from 35% to 45%, the total reward of phase VIII is 1,105,356.82 LON, a significant increase of 48.73% compared to phase VII.
We are glad to see 13,974 addresses that participated in the 8th round of trade mining with a total trading volume of $$833,534,823.87. And each trade in the past phase can get 35.60 LON subsidy on average.
Now, LON trade mining has entered into the 9th phase. It will last for 8 weeks and end on 3rd March 2022. For an introduction on LON trade mining, check out our tutorial here. More information on liquidity mining can be found here as well.
Don’t forget to claim your phaseVIII rewards on this dashboard once the rewards are calculated.
Did you know you can get a minimum of 0.1% trading fee on Tokenlon depending on the amount of LON you have, and by participating in LON staking, you can earn approximately 43.88 % APY without suffering any impermanent loss.
After staking LON, you will receive xLON tokens that reflect your staking status. Holding xLON gives you the same right as holding LON, such as enjoying fee discounts when trading on Tokenlon. For more details on this, click here.