Markets continue to be volatile this week, with macro factors not looking up. Trading volume across the Decentralized Exchanges experienced a significant drop. Amidst these changes, Tokenlon continues to build these past two weeks
Let’s recap the progress over the past two weeks!
Product & Tech
- Removal of minimum trade amount
- We are into the testing stages to remove the minimum trade amount. This feature should be launched in the next APP version
- Building limit order feature
- The back-end work has been completed for the limit order and front-end work has started
- Upgrade of market making
- One of our professional market makers have completed the RFQ upgrade
- We have are onboarding two new professional market makers to bring you better price quotations
- App “Market” tab optimisation
- The UI for the “Market” tab is still in the process of optimization
- Listing ApeCoin
- You can now trade ETH/APE on Tokenlon web and the imToken app
- Tokenlon SDK Outreach
- We are currently in talks with two aggregators to integrate Tokenlon volume. If integration goes through, Tokenlon’s volume will be available to other platform users
- Upgrade of LON tokenomics
- We are in discussions to improve the LON tokenomics that will benefit LON holders and provide a more equitable ecosystem. Stay tuned for more updates
Marketing & Community
- Tokenlon $1M Bounty Program
- Our bounty task of building a LON asset monitoring tool has been claimed and is being worked on now!
- Tokenlon Layer 2 limit order promotion
- We are promoting our upcoming layer 2 launch in the Taiwan market
Work for the next two weeks
- New App version update
- Remove minimum trade amount
- Provide better price quotations and a more stable trading experience
- Unstoppable Domain campaign round two
- Finish Bounty tasks and update the community on the end result
- Integration of Tokenlon SDK with other aggregators
- Finish onboarding one professional market maker
- Promoting limit order function on Arbitrum
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:
- Beware of scams!
Digital Assets are highly volatile and unpredictable. Please do your research before trading.