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Tokenlon

Tokenlon Weekly (2022.10.28–11.04)

With Elon Musks’ influence, $DOGE and $MASK shot up a lot — 58.5% and 253.6% within the week. The big market cap coins instead didn’t move by much — BTC rose by 0.2% and ETH rose by 2.1% in 7 days. The total trading volume of DEX increased by 13% this week.

Tokenlon

Tokenlon’s weekly trading volume is $88,089,421.49, the number of trading addresses is 1,180, and the number of transactions is 2,821.

This week, the Tokenlon transaction fee was at $149,723.00, net profit was $143,689.00, and the current transaction fee balance was $1,081,925.44. Tokenlon 5.0 cumulative transaction fee was at $44,524,132.93 , and the community treasury balance was at $2,009,333.67 (not deducting miner fees)

LON

Total staked LON is at 55,534,735.1 LON. The total staked position is 64.88%, 265,266 LON were bought back this week, and the monthly APY is estimated to be 13.65%. Uniswap and Sushiswap AMM liquidity pools staked 6,651,505 LON, accounting for 7.77% of the total staked positions. The total staked LON volume accounted for more than 72.65% of the total.

Product & Tech

Wrap ETH tool

  • Final closing checks in progress. Expect to try out the convenient and new Wrap ETH tool next week!

Tokenlon Instant Swap Dapp UX

  • Product design adjustments in progress. High quality first design expected next week.

Flashbot mechanism deployed to prevent on-chain sandwich attack of large transactions

  • Been 2 weeks since the deployment on 20th October, and internal data proved that Tokenlon on-chain transactions are 100% protected from attacks

Limit Orders on ETH mainnet

  • Internally prepared product effects that might be caused by mainnet deployment, and currently further honing in on the details

Marketing & Community

Community AMA

  • Tokenlon, Dopex, and GMX held AMA on Layer2 & DeFi related topics on imToken Discord. You can find it here if you’ve missed it.

Fringe Finance AMA in preparation

Market collaborations

  • Media promotions in Vietnam and South America
  • Mainly focused on stablecoins & NFTs

ETH Vietnam conference

  • Preparations to participate in ETH VN conference

11.11 Trading campaign preparation

Market maker competitiveness compared

  • Internally completed and assessed the competitiveness data of each market maker

Important Risk Warning

Tokenlon,

2022.11.04

Contact us

Notes

Digital Assets are highly volatile and unpredictable. Please do your research before trading.

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Tokenlon DEX

The 🐉 #DEX We promise 99% of your transactions will go through Built on 0x and Ethereum Aggregating best prices from major #DEXs