ETH bounced back from $1210.34 to $1602.54 this week, with a maximum increase of 32.4% driving the overall crypto market growth, but has since fell back a little as a correction. The price is $1,592.95; You can check Vitalik's speech here and for more details about EthCC, you can check it out here.
This week, Tokenlon’s transaction has exceeded 100 million USD, and the transaction volume was $118,385,236.61, an increase of 38.91% compared with last week. The transaction volume has increased by more than 30% for 2 consecutive weeks. The number of weekly transaction addresses was 1,398 and the number of transactions was 3,276, up 21.99% and 20.80% respectively.
- The transaction fee for this week was $238,049.00, the net profit was $227,555.12, and the net profit increased by 48.73% compared with last week. The historical transaction fee of the Tokenlon 5.0 protocol was $42,230,900.25 ;
The balance of the community treasury is at 1,742,016.57 (without deducting paid gas fees).
Staked LON is at 49,184,951.94, an increase of 218,613 LON compared with last week, accounting for 58.5% of the total staked positions, the annualized staking income (monthly) is 15.40%, Uniswap and Sushiswap AMM liquidity pool staked $9,280,754.04, of which staked 7,263,404 LON, accumulated LON accounted for more than 67.1%. This week, LON bought back 157,056 LON, with an accumulative total of repurchased 10,882,500.68 LON.
Product & Tech
- Analysis of Tokenlon’s Instant Exchange - Efficiency of the quotation system and creating improvement plans
- Started the research and development of Tokenlon order splitting intelligent routing algorithm
- Confirmed the success rate of Limit Orders on Arbitrum function’s back-end optimization
- Evaluation of technical requirements for Tokenlon’s Limit Orders to be deployed to the ETH main network
- Designed ETH > WETH wrapping function
- Confirmed on-chain Relayer
- TIP32 Economic model - Adjustments for staking buyback has been released, LON's buyback minting restored
Marketing & Community
- Limit Order campaigns ended
- Collaboration with imToken on Learn & Earn with NFT reward. The campaign ended at 07.19 18:00 UTC+8 (SGT). A total of 74,000 users participated in Tokenlon’s quizzes. Now the NFT reward has been issued.
- Tokenlon price limit order, and the top 200 users who have successfully traded can receive share of 10,000 LON, the event will end at 07.19 18:00 UTC+8 (SGT), the rewards will be distributed next week.
- Q3 OKR roadmap
- Task distribution and time planning
- AMA with Fluid Finance plans
- AMA will be announced and held. Stay tuned on the Tokenlon community announcement
- NFT market research
- Completed data analysis and ecological development details of the current NFT market.
- Q3 Tokenlon growth plan
- Reviewed the Tokenlon market growth in the first half of the year, and instilled a new growth plan, mainly based on the 3rd anniversary of Tokenlon, to promote Tokenlon as the main feature, and to achieve growth in numbers of Tokenlon users.
Important Risk Warning
- LON token contract address:
- Beware of scams!
Digital Assets are highly volatile and unpredictable. Please do your research before trading.