Tokenlon December Report

Sharing with you our progress for December 2021

Dear user,

Happy new year to you! The first week of 2021 has come and gone really quickly. We want to share with you our team’s update for Dec 2021

Please read more for the full updates

Stats

• Trading Volume：$768,813,204.00
• Trader Addresses：4,137
• LON Holders：50,339
• LON Circulation：44,575,993.82

Staking & Liquidity Mining

• LON Staking
• LON/ETH Pool
• LON/USDT Pool
• Revenue（not reimbursed）：$3,936,276.98

Prod & Tech

Changes to LON Tokenomics now live

• Build a protocol owned liquidity
• Increase trade mining reward allocation for traders from 35% to 45%. Referrers to receive 5% reward from 15%
• LON buyback to be executed based on parameters set by the team

Analysis of recent failed transactions

• Reviewed orders made using the new app version to resolve the issues

Changed provider for the web app

• Resolve bugs on the website and started working on integrating other login options

Other Updates

• Phase 8 of LON trade mining
• Preparation for soft launch of Tokenlon SDK
• Started work on receiving Uniswap V3 volume

MKT & Campaign

LON 1 year anniversary campaigns

• LON Meme campaign
• Preparation of LON 1 year recap
• Preparation of Tokenlon swag

Tokenlon x MakerDAO campaign

• We launched a DAI x LON campaign in the middle of Dec 2021, with 362 receiving rewards. Thank you to all who have participated

Moving forward, Tokenlon will focus more on integrating L2 to lower trading fees for you. In addition, our monthly reports will move to quarterly reports to bring you more updates with each report. Please look forward to it!