On Feb 26th morning, Tokenlon team received a message from 0x @willwarren89 as follows: The well-known white-hat hacker @Samczsun found that Tokenlon 4.0 has a security vulnerability. This vulnerability has a high-risk level, which will not only affect the security of the transaction fee deposited on the platform, but also…


Dear Tokenlon community,

We are thrilled to announce the launch of LON buyback, staking and trade mining! LON is the key to promoting the positive feedback loop of the Tokenlon ecosystem. …


Background

  • According to the design of the Tokenlon protocol, the relayers responsible for matching orders can pay Ethereum miner fees for some users’ transactions
  • The design of relayer paying the miner fees can increase the success rate of users’ trades therefore bring a better user experience
  • As part of the…


According to our recent community governance proposal TIP8 voting result, LON required for trading fee discount has been lowered. You can now enjoy trading fee discounts while holding as low as 1 LON. The more LON you hold, the bigger discount you would receive.

Below is the newest fee structure:


Last week, Tokenlon core team launched a community vote on whether to list 15 new assets on Tokenlon.

According to the result of voting, Tokenlon now has supported AAVE (AAVE), ALPHA (Alpha Finance), BADGER (Badger DAO), BNT (Bancor Network Token), BOND (BarnBridge), ENJ (Enjin Coin), FTM (Fantom), GRT (The Graph)…


A look at our recent developments

We released the Tokenlon 5.0 on December 23, 2020. As of 2021.03.12, USD 9.55 million have been accumulated in the Tokenlon fee contract. Substracting the cost of 2260 ETH (approximately USD 4.05 million) that Tokenlon pays for the user’s miner fee, net fee income is USD 5.5 million; that is…


Join Phase III now

The LON liquidity mining II has ended at 4:00 am (UTC) on March 4th, we are glad to see more than $70 million funds participated in the pools and shared 1m LON rewards.

The new round of LON liquidity mining started at 4:00 am (UTC) on March 4th. It will…


Proposal 7: TIP7 — LON Liquidity Incentive Phase III

Background

According to the Tokenlon litepaper, 10,000,000 LON is reserved for liquidity related incentives.The core team has kicked off two LON Liquidity Incentive phases so far, with the current one to end on 2021.3.4.

The team plans to start LON Liquidity Incentive Phase III on 2020.3.4. It will last for 8…


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. …


Tokenlon now aggregates SushiSwap liquidity 🍣 + 🐉 = ❤️

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…

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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