Article Summary, Automatically Generated By AI
Summary of Tokenlon Network Token (LON)
Key Points
- LON is a utility token that aligns ecosystem stakeholders and incentivizes the expansion of the ecosystem.
- Tokenlon is a decentralized exchange and payment settlement protocol based on Ethereum blockchain technology.
- LON tokens have two main use cases: fee discount and governance.
- There are approximately 110 million LON in circulation as of December 2020, with a maximum supply of 200 million LON.
- The full smart contract code of Tokenlon and the LON token is verified on-chain and can be found on Etherscan.
- LON is available on Tokenlon, Uniswap, and many other exchanges.
Introducing the Tokenlon Network Token: A Beacon of Innovation
Introducing Tokenlon Network Token (LON): A Comprehensive Overview
LON is a utility token designed to foster alignment among ecosystem stakeholders, thereby incentivizing the ecosystem’s growth and expansion.
The Visionaries Behind LON: Meet the Founders
Tokenlon is a decentralized exchange and payment settlement protocol built upon the Ethereum blockchain, empowering Tokenlon DEX, a cutting-edge decentralized exchange and payment settlement protocol designed to deliver a secure, reliable, and seamless trading experience to the masses.
Unveiling the Unparalleled Attributes of LON
LON tokens boast two primary use cases:
Fee Discount: Tokenlon presently imposes a standard 0.30% transaction fee. However, by holding LON tokens, users can avail themselves of corresponding fee discounts, with the magnitude of the discount directly correlated to the number of tokens held.
Governance: By granting the community a stake in Tokenlon’s governance, LON empowers holders to shape the platform’s future. Through the initiation of Tokenlon Improvement Proposals (TIPs) and voting, LON holders can influence key decisions, including the allocation of treasury funds, fee structures, buyback parameters, supported assets, and product features, thereby fostering a collaborative and community-driven development process.
What Is the Circulating Supply of Tokenlon Network Token (LON)?
As of December 2020, the circulating supply of LON stood at approximately 110 million. The total supply is capped at 200 million LON.
The Tokenlon Network Token: A Fortress of Security
The entirety of Tokenlon’s smart contract code, as well as the LON token itself, is publicly accessible and verifiable on the blockchain. For instance, you can utilize Etherscan to peruse the code:
Explore the Ethereum contract at
this address
.
Explore the Ethereum contract at
https://etherscan.io/address/0x8d90113a1e286a5ab3e496fbd1853f265e5913c6#code
, where you can delve into the intricacies of the smart contract.
Observe the Ethereum smart contract at
this address
, where the code is publicly available for scrutiny.
Observe the Ethereum smart contract at
this address
, which provides an in-depth look at the code.
Acquiring Tokenlon Network Token (LON): A Comprehensive Guide to Exchanges and Marketplaces
LON is listed on prominent decentralized exchanges, including Tokenlon and Uniswap, as well as numerous other esteemed platforms.