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NEW DeFi Listing: Tokenlon is Now Available on Poloniex

Jan 6, 2021 2 min read
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LON wallets are now open and you can begin depositing LON into your Poloniex account and posting limit orders for LON/USDT. Full trading will be enabled later today.

Along with our listing, we’re beginning our Tokenlon Trading Competition on January 6th at 17:00 UTC! Check out our campaign overview for more details on how to win from a total prize pool of 5,000 USDT. Prizes will be distributed within two weeks following the end of the Tokenlon Trading Competition.

What is Tokenlon? Tokenlon (LON) is a utility token issued by the Tokenlon DEX, used to align all ecosystem stakeholders and incentivize participation and expansion of the ecosystem. The Tokenlon platform currently charges a standard 0.30% fee for most transactions. By holding the TokenIon native token, LON, users can get corresponding fee discounts on the TokenIon platform based on the number of tokens they hold. Governed by the community, LON holders can improve Tokenlon by initiating Tokenlon Improvement Proposal (TIP) proposals and voting, such as determining the use of the treasury, fee parameters, buyback parameters, supporting assets, product features, and more. LON is listed on Poloniex in our DeFi Innovation Zone. Deposit LON on Poloniex and get ready to trade.

LON Stats Price: $2.05

Market Cap: $16,252,423

Market Cap Rank: #379

24h Trading Volume: $39,101,136

24h Low / 24h High: $1.98 / $2.15

All Time High: $3.73 (December 23, 2020)

All Time Low: $1.43 (December 29, 2020)

Circulating Supply: 7,862,476 LON

Interested in Tokenlon? Tell your friends and earn 20% on their trading fees.

was originally published in The Poloniex blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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