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What is Tokenlon Network (Lon)?
Tokenlon Network - A Decentralized Trading Service Platform Based on 0x Protocol
- Tokenlon is a decentralized exchange and payment settlement protocol based on blockchain technology, which adopts WYSIWYG trading model, the quantity at the time of signing is the final transaction quantity.
- Using smart contracts and signature technology, users do not need to top up their assets to any "place" and use the contract to complete a decentralized atomic coin exchange with a market maker, which is safe and secure.
- Tokenlon's back-end server provides efficient price aggregation services, allowing market prices to be fed back to users at all times, allowing market makers to quote more quickly and keep up with market changes.
- LON is an application-based token issued by Tokenlon, known as Tokenlon Network Token, which is used to incentivize all parties involved in the network ecosystem, ensuring that they can participate and collaborate to drive the ecosystem forward.
Tokenlon Key Metrics
| Recent Price | $0.83 |
|---|---|
Market Cap | $102.4M |
Circulating Supply | 115.26M LON |
Total Supply | 138.51M LON |
Max Supply | 200M LON |
What is Tokenlon Network (Lon)?
Tokenlon is a decentralized exchange and payment settlement protocol based on blockchain technology, and Tokenlon network is a decentralized trading service platform based on 0x protocol, which adopts WYSIWYG trading model, updating prices every second according to real-time quotes from market makers, and users can lock the price by clicking on the exchange through imToken Wallet, and the displayed price is the final transaction price.
Tokenlon was founded by a team led by Bin He, the founder of imToken Wallet, which has been established since May 2016. imToken has become the world's most popular digital asset management tool, providing digital asset services to millions of high-net-worth users at home and abroad.
The team has an international and multinational composition, spread across two office locations in Hangzhou and Singapore, with some positions supporting remote collaboration. The ImToken wallet team is low-key and pragmatic, with boundless enthusiasm for the blockchain industry.
How does Tonkenlon Network work?
Tokenlon is a decentralized payment exchange and settlement protocol based on blockchain technology. It leverages the features of decentralized blockchain networks:
- Permissionless: Anyone can access without permission.
- Trustless: Based on smart contracts to be transparent and secure without having to trust a third party.
- Anti-censorship: Based on cryptographic technology that makes the transfer of value unstoppable.
- Robustness: 24 hours a day, 7 days a week without interruption, no single point of operation.
Using smart contracts and signature technology, users do not need to reload assets in any “place” and use the contracts to complete the decentralized atomic coin exchange with market makers, which is secure and reliable.
Tokenlon's back-end servers provide efficient price aggregation services, allowing market prices to be fed by users at all times, enabling market makers to quote faster and keep up with market changes.
Tokenlon Network (Lon): What makes it different and why invest?
LON is an application-based token issued by Tokenlon, known as Tokenlon Network Token, which is used to incentivize all parties involved in the network ecosystem to ensure they can participate and collaborate to drive the ecosystem forward. The Lon token is used for:
- Incentives: reward Tokenlon trading users and ecology builders.
- Fare discounts: LON holders will receive fare discounts.
- Governance: LON will give the community the right to participate in the governance of Tokenlon. The opening time and implementation rules for the governance module will be announced at a later date.
Unlike Uniswap or Kyber type DEX, where the transaction price is calculated on the chain and the number of transactions cannot be determined until it is on the chain, it adopts the WYSIWYG trading model, Tokenlon quotes are what you see and what you get, and the number at the time of signing is the final number of transactions.
