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Vote now:

https://snapshot.page/#/tokenlon

Summary

Proposal 5: TIP5 — Reduce trading fees for LON pairs

Background

Tokenlon protocol charges a standard trading fee of 0.3% for LON pairs. To take advantage of the recent public attention towards LON, the core team proposes to reduce the trading fees for LON pairs as part of our Spring Festival campaign. Reduced fees should help Tokenlon offer more competitive rates for LON pairs, therefore attracting more people to trade LON on Tokenlon.

Goal

Let the community decide on the trading fees for the LON pairs

Proposed Action Items

Make changes based on the voting results of the proposal. It will take effect for 4 weeks, from…


Tokenlon now aggregates SushiSwap liquidity 🍣 + 🐉 = ❤️

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You might have noticed that Tokenlon is no ordinary decentralized exchange anymore. (Was it ever?) No, since the latest update in December, Tokenlon now aggregates liquidity from 3 sources: Professional market makers, Uniswap, Curve.

🍣 Today we introduce SushiSwap as the fourth liquidity source to the family.

To you, the user, this means more tokens and better liquidity!

With SushiSwap, we bring even more options to our users. And the best part: For every trade, Tokenlon finds the best price between all 4 liquidity sources.

More tokens and better liquidity

Looking at the data of the few weeks Uniswap has been integrated with Tokenlon, we…


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Note: Miners of Phase 1 need to re-stake (i.e. go into the Dashboard and exit your LP tokens, then re-stake your LP tokens)

The first phase of LON liquidity mining ended at 0:00 am (UTC), we are glad to see nearly a total value of $20 million LON and ETH are locked in the pool and all participants shared 1,500,000 LON rewards.

The new round of LON liquidity mining will start at 04:00 am (UTC) 21st Jan. 2021 and it will last for 6 weeks ending at 04:00 am (UTC) 4th Mar. 2021. …


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Vote now:

https://snapshot.consenlabs.com/#/tokenlon/proposal/QmXQUQgWJNzKZjgSYtyRmYFJ4rZNRqaM87ij6KTnyaqMKp

Background

According to the Tokenlon litepaper, 10,000,000 LON is reserved for liquidity related incentives.

The core team kicked off Phase I LON Liquidity Incentive on December 24, 2020 with 1,500,000 LON reward in total. The phase is about to end on January 21, 2021.

The team plans to start Phase II LON Liquidity Incentive on January 21, 2021. It will last for 6 weeks and end on March 4, 2021. LON reward will be rewarded in the same way to the below two liquidity pools:

  1. LON/ETH pool on Uniswap.
  2. LON/USDT pool on Sushiswap

Goal

Let the community…


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January, 12, 2021 — Following the recent listing of Tokenlon Network Token (LON) as a tradable asset on OKEx exchange, Tokenlon hosted an AMA session on OKEx Telegram group. It was indeed a remarkable session of engagement with the community as Tokenlon’s Head of Growth, Lucas Huang provided clear insights to better understand Tokenlon as a decentralized exchange, the utility of Tokenlon’s native token, LON, what the future holds for the DEX platform in 2021 and more!

(Thanks to Dave for the transcript.)

SESSION I

As a way of commencing the first session of the live AMA, Lucas was asked…


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We recorded this panel for our Tokenlon 5.0 event. With: Haseeb Qureshi (Dragonfly Capital), Amir Bandeali (0x), Sergej (1inch), Michael (Curve), Shane (Kyber), Lucas Huang (Tokenlon).

Watch the panel on Youtube or read the full transcript below:

Intros

Hello everybody, I am Haseeb at Dragonfly Capital and today I’m bringing you an amazing DeFi panel with many of the technical leaders from some of the most important projects in DeFi today. So we’re going to go through and have quick introductions. Starting with Amir. Please introduce yourself.

Thanks for having me today. I am Co-CEO of 0x Labs. We build…


Tokenlon 5.0 aggregates professional market makers, Curve, Uniswap for more tokens at better prices. And, we release LON to the community via early user merkledrop and liquidity mining.

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Today we are releasing the amazing, new Tokenlon 5.0 (Beta). You can already try it in the imToken app (Google Play, Apple App Store) and later on tokenlon.im .

After years of iterations (Tokenlon first appeared in 2017) our fifths iteration comes with two major updates:

  1. Tokenlon now aggregates quotes for guaranteed better prices and more tokens
  2. LON token is released, claimable for early supporters, trade miners and liquidity miners

There’s much to talk about, so let us explain below. If you like to get every little detail though, please read the Tokenlon 5.0 litepaper here.

More tokens at better prices via aggregation

The new Tokenlon is…


With Phase I ending on Saturday, Phase II will assign 10 million LON within 50 days.

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On Saturday, October 31 2020, 0:00 UTC, we will launch the second phase of the LON incentive plan and introduce market maker incentives.

In the past five weeks, the first phase of Tokenlon’s LON incentive plan has achieved some very encouraging results.

  • More than 28,000 users traded on Tokenlon, and the cumulative volume exceeded 1 billion US dollars.
  • Nearly 6,000 users successfully recommended friends to Tokenlon, which helped Tokenlon gain more than 25,000 new users.
  • As of the fourth week, 4,000,000 LON has been successfully allocated, with an average of 65.73 LON per address.

Tokenlon’s trading volume has also entered…


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Today, on October 28, 2020, we are excited to launch our community governance pilot via Snapshot. During the governance pilot period, the core team will be able to submit Tokenlon governance proposals (TIP). TFT (TokenFans Token) holders will be able to vote on the proposals. (Note: TFT is currently not being issued.)

As the utility token of Tokenlon, we designed LON to align all parties involved in the ecosystem. Starting with the pilot program, the community members can now participate and develop the ecosystem together with the core team.

As of the fourth week of LON mining, more than 28,000…


Each Tokenlon trade will earn POWER proportionate to the trading fee paid. Future LON will be assigned according to your POWER share each week for 5 weeks.

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In order to encourage community participation, the LON Incentive Plan (LIP) distributes LON in multiple stages.

In this post, we explain how to get LON assigned via trade mining and the referral program on tokenlon.im/lon and in the imToken app.

If you want to learn more about the current and future stages of LON distribution, check out our announcement of LON and the LON Incentive Plan (short: LIP) instead:

Distribution — Trade Mining and Referral Program

Stage one assigns LON via two mechanisms: Trade mining and referral program on tokenlon.im/lon and in the imToken app. It lasts for five weeks and assigns 5,000,000 LON (accounting for 2.5%…

Tokenlon DEX

Open your imToken wallet and explore the built-in Tokenlon non-custodial exchange 🐲🐉 Based on Ethereum and the 0x protocol

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