LON is the utility token of Tokenlon, a decentralized exchange and payment settlement protocol based on Ethereum. More
| Fully Diluted Valuation | $90.23M |
|---|---|
| 24H Trading Volume | $63,716 |
| 24H Low / High | $0.64 / $ 0.65 |
| Circulating Supply | 123.69M |
| Total Supply | 140.45M |
| Max Supply | 200.00M |
| Categories | Ethereum Ecosystem 3 more |
|---|---|
| Founder | Bin He |
| Website | tokenlon.im |
| Socials | 1 more |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Arbiscan 3 more |
| Contracts |
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1 more
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| Name | Pair | OG Score |
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In the ever-evolving landscape of decentralized finance (DeFi), Tokenlon has emerged as a pioneering force, providing users with a secure and seamless trading experience through its decentralized exchange and payment settlement protocol. At the heart of this ecosystem lies the Tokenlon Network Token (LON), a utility token designed to align stakeholders and drive the expansion of the platform.
Decentralized Excellence
Tokenlon operates on an advanced off-chain Request for Quotation (RFQ) architecture, enhancing the capabilities of the 0x protocol. This Ethereum-based protocol powers Tokenlon DEX, offering a decentralized exchange and payment settlement system that aims to democratize trading for the masses.
The Utility of LON
LON serves a dual purpose within the Tokenlon ecosystem. Firstly, it offers users a tangible benefit through fee discounts. Tokenlon currently imposes a standard 0.30% fee on most transactions, but by holding LON, users can unlock corresponding fee reductions based on their token holdings.
Secondly, LON introduces a governance layer, providing the community with the authority to shape the future of Tokenlon. LON holders can actively participate in governance by proposing and voting on Tokenlon Improvement Proposals (TIPs). This inclusive approach empowers the community to influence crucial decisions, including the use of the treasury, fee parameters, buyback strategies, supported assets, product features, and more.
Limited Supply, Maximum Potential
As of December 2020, approximately 110 million LON tokens were in circulation, with a maximum supply capped at 200 million. This scarcity ensures that LON remains a valuable and sought-after asset within the Tokenlon ecosystem.
Security Assurance
Tokenlon places a premium on security, with the full smart contract code of both Tokenlon and the LON token available and verified on-chain.
For those eager to participate in the Tokenlon ecosystem, LON is readily available on the Tokenlon platform itself, as well as on popular exchanges like Uniswap and several others.
In conclusion, Tokenlon and its native token, LON, exemplify the potential of decentralized finance in providing users with a transparent, community-driven, and secure trading environment. With its innovative governance model and tangible utility, LON stands poised to play a pivotal role in shaping the decentralized exchange landscape for years to come.
Tokenlon prioritizes security, with the complete on-chain verification of its smart contracts, including the Tokenlon and LON token contracts. Users can review the code on platforms like Etherscan to ensure the robustness of the protocol.
Tokenlon Network Token (LON) stands out for its dual utility, offering users fee discounts and governance rights within the decentralized exchange ecosystem. LON holders can actively participate in shaping the platform's future through voting on Tokenlon Improvement Proposals (TIPs).
Tokenlon was founded by a team led by Bin He.
Specific supporters and investors of the project are unknown. For up-to-date investor/backer information, please visit the project's official website.
You can buy Tokenlon (LON) on CoinEx, Uniswap V3 (Arbitrum One), Uniswap V2 (Ethereum), Poloniex, Sushiswap cryptocurrency exchanges.
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