What is Tokenlon Network Token (LON) | What is LON token

What Is Tokenlon Network Token (LON)?

LON is a utility token that aligns ecosystem stakeholders and incentivize the expansion of the ecosystem.

Who Are the Founders of LON?

Tokenlon is a decentralized exchange and payment settlement protocol based on Ethereum blockchain technology. It currently powers Tokenlon DEX, a decentralized exchange and payment settlement protocol which aims to provide a secure, reliable and seamless trading experience to the masses.

What Makes LON Unique?

LON tokens have the following two main use cases:

Fee discount: Tokenlon currently charges a standard 0.30% fee for most transactions. By holding LON, users can get corresponding fee discounts based on the number of tokens held.

Governance: LON will give the community the right to participate in the governance of Tokenlon. 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, etc.

How Many Tokenlon Network Token (LON) Are There in Circulation?

There was around 110 million LON in circulation as of December 2020. The maximum supply is set at 200 million LON.

How Is the Tokenlon Network Token Secured?

The full smart contract code of Tokenlon and the LON token itself can be found verified on-chain. Use for example Etherscan to read the code:

https://etherscan.io/address/0xdc6c91b569c98f9f6f74d90f9beff99fdaf4248b#code

https://etherscan.io/address/0x8d90113a1e286a5ab3e496fbd1853f265e5913c6#code

https://etherscan.io/address/0x11be6f5520fee8e867e20af9c9d2c8a09b909b83#code

https://etherscan.io/address/0x0000000000095413afc295d19edeb1ad7b71c952#code

whyWhy LON?

Competitive rates

Aggregates quotes from multiple liquidity market to offer the best rate

Trusted by many

$4B+ accumulated volume

It just works

Trades rarely fails with a 99.8% success rate

LON maximum supply: 200,000,000

Incentive Plan: 130,000,000

Buyback: Fees charged by the Tokenlon protocol will be used to buyback LON on the open market, and the LON obtained from the buyback will be used for staking rewards and treasury reserves

LON distributionCommunity reward: 130,000,000

Core team: 49,680,000

Stakeholders: 10,320,000

Development fund: 10,000,000

System Architecture

Currently, it’s hard to find the best price as liquidity is fragmented over the whole DEX market. Tokenlon solves this by aggregating multiple liquidity sources, including professional market makers off-chain and automatic market makers (such as Uniswap, Curve) on-chain, automatically selecting the best trading venue for the user.

System Architecture

Economic Mechanisms

Buybacks

The net fees collected by Tokenlon are used to buyback LON on the open market, and transferred to the treasury and staking reward pool.

Staking

LON holders enjoy fee discounts and governance rights by participating in the staking. In return, the stakers receive LON as staking reward.

Mining

As long as the total LON is within the maximum cap, each buyback triggers LON mint, which is used as rewards in the Tokenlon Incentive Plan.

Treasury

LON is held in the treasury pool governed by the community, used to develop and promote the development of the Tokenlon ecosystem.

Governance

Tokenlon’s governance is opened in stages with decision-making power gradually handed over to the community. Participate on Snapshot.

Would you like to earn LON right now! ☞ CLICK HERE

Looking for more information…

☞ Website
☞ Explorer
☞ Whitepaper
☞ Source Code
Message Board
☞ Documentation
☞ Coinmarketcap

Create an Account and Trade Cryptocurrency NOW

Binance
Bittrex
Poloniex

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #crypto #tokenlon network token #lon

What is GEEK

Buddha Community

What is Tokenlon Network Token (LON) | What is LON token

What is Tokenlon Network Token (LON) | What is LON token

What Is Tokenlon Network Token (LON)?

LON is a utility token that aligns ecosystem stakeholders and incentivize the expansion of the ecosystem.

Who Are the Founders of LON?

Tokenlon is a decentralized exchange and payment settlement protocol based on Ethereum blockchain technology. It currently powers Tokenlon DEX, a decentralized exchange and payment settlement protocol which aims to provide a secure, reliable and seamless trading experience to the masses.

What Makes LON Unique?

LON tokens have the following two main use cases:

Fee discount: Tokenlon currently charges a standard 0.30% fee for most transactions. By holding LON, users can get corresponding fee discounts based on the number of tokens held.

Governance: LON will give the community the right to participate in the governance of Tokenlon. 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, etc.

How Many Tokenlon Network Token (LON) Are There in Circulation?

There was around 110 million LON in circulation as of December 2020. The maximum supply is set at 200 million LON.

How Is the Tokenlon Network Token Secured?

The full smart contract code of Tokenlon and the LON token itself can be found verified on-chain. Use for example Etherscan to read the code:

https://etherscan.io/address/0xdc6c91b569c98f9f6f74d90f9beff99fdaf4248b#code

https://etherscan.io/address/0x8d90113a1e286a5ab3e496fbd1853f265e5913c6#code

https://etherscan.io/address/0x11be6f5520fee8e867e20af9c9d2c8a09b909b83#code

https://etherscan.io/address/0x0000000000095413afc295d19edeb1ad7b71c952#code

whyWhy LON?

Competitive rates

Aggregates quotes from multiple liquidity market to offer the best rate

Trusted by many

$4B+ accumulated volume

It just works

Trades rarely fails with a 99.8% success rate

LON maximum supply: 200,000,000

Incentive Plan: 130,000,000

Buyback: Fees charged by the Tokenlon protocol will be used to buyback LON on the open market, and the LON obtained from the buyback will be used for staking rewards and treasury reserves

LON distributionCommunity reward: 130,000,000

Core team: 49,680,000

Stakeholders: 10,320,000

Development fund: 10,000,000

System Architecture

Currently, it’s hard to find the best price as liquidity is fragmented over the whole DEX market. Tokenlon solves this by aggregating multiple liquidity sources, including professional market makers off-chain and automatic market makers (such as Uniswap, Curve) on-chain, automatically selecting the best trading venue for the user.

System Architecture

Economic Mechanisms

Buybacks

The net fees collected by Tokenlon are used to buyback LON on the open market, and transferred to the treasury and staking reward pool.

Staking

LON holders enjoy fee discounts and governance rights by participating in the staking. In return, the stakers receive LON as staking reward.

Mining

As long as the total LON is within the maximum cap, each buyback triggers LON mint, which is used as rewards in the Tokenlon Incentive Plan.

Treasury

LON is held in the treasury pool governed by the community, used to develop and promote the development of the Tokenlon ecosystem.

Governance

Tokenlon’s governance is opened in stages with decision-making power gradually handed over to the community. Participate on Snapshot.

Would you like to earn LON right now! ☞ CLICK HERE

Looking for more information…

☞ Website
☞ Explorer
☞ Whitepaper
☞ Source Code
Message Board
☞ Documentation
☞ Coinmarketcap

Create an Account and Trade Cryptocurrency NOW

Binance
Bittrex
Poloniex

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #crypto #tokenlon network token #lon

Lisa joly

Lisa joly

1624658400

PAID NETWORK Review, Is it worth Investing in? Token Sale Coming Soon !!

Hey guys, in this video I review PAID NETWORK. This is a DeFi project that aims to solve complex legal process using decentralised protocols and DeFi products for 2021.

PAID Network is an ecosystem DAPP that leverages blockchain technology to deliver DeFi powered SMART Agreements to make business exponentially more efficient. We allow users to create their own policy, to ensure they Get PAID.

📺 The video in this post was made by Crypto expat
The origin of the article: https://www.youtube.com/watch?v=ZIU5javfL90
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #paid network #paid network review #token sale #paid network review, is it worth investing in? token sale coming soon !!

aaron silva

aaron silva

1622197808

SafeMoon Clone | Create A DeFi Token Like SafeMoon | DeFi token like SafeMoon

SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.

A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.

Read More @ https://bit.ly/3oFbJoJ

#create a defi token like safemoon #defi token like safemoon #safemoon token #safemoon token clone #defi token

Marlon  Boyle

Marlon Boyle

1594312560

Autonomous Driving Network (ADN) On Its Way

Talking about inspiration in the networking industry, nothing more than Autonomous Driving Network (ADN). You may hear about this and wondering what this is about, and does it have anything to do with autonomous driving vehicles? Your guess is right; the ADN concept is derived from or inspired by the rapid development of the autonomous driving car in recent years.

Image for post

Driverless Car of the Future, the advertisement for “America’s Electric Light and Power Companies,” Saturday Evening Post, the 1950s.

The vision of autonomous driving has been around for more than 70 years. But engineers continuously make attempts to achieve the idea without too much success. The concept stayed as a fiction for a long time. In 2004, the US Defense Advanced Research Projects Administration (DARPA) organized the Grand Challenge for autonomous vehicles for teams to compete for the grand prize of $1 million. I remembered watching TV and saw those competing vehicles, behaved like driven by drunk man, had a really tough time to drive by itself. I thought that autonomous driving vision would still have a long way to go. To my surprise, the next year, 2005, Stanford University’s vehicles autonomously drove 131 miles in California’s Mojave desert without a scratch and took the $1 million Grand Challenge prize. How was that possible? Later I learned that the secret ingredient to make this possible was using the latest ML (Machine Learning) enabled AI (Artificial Intelligent ) technology.

Since then, AI technologies advanced rapidly and been implemented in all verticals. Around the 2016 time frame, the concept of Autonomous Driving Network started to emerge by combining AI and network to achieve network operational autonomy. The automation concept is nothing new in the networking industry; network operations are continually being automated here and there. But this time, ADN is beyond automating mundane tasks; it reaches a whole new level. With the help of AI technologies and other critical ingredients advancement like SDN (Software Defined Network), autonomous networking has a great chance from a vision to future reality.

In this article, we will examine some critical components of the ADN, current landscape, and factors that are important for ADN to be a success.

The Vision

At the current stage, there are different terminologies to describe ADN vision by various organizations.
Image for post

Even though slightly different terminologies, the industry is moving towards some common terms and consensus called autonomous networks, e.g. TMF, ETSI, ITU-T, GSMA. The core vision includes business and network aspects. The autonomous network delivers the “hyper-loop” from business requirements all the way to network and device layers.

On the network layer, it contains the below critical aspects:

  • Intent-Driven: Understand the operator’s business intent and automatically translate it into necessary network operations. The operation can be a one-time operation like disconnect a connection service or continuous operations like maintaining a specified SLA (Service Level Agreement) at the all-time.
  • **Self-Discover: **Automatically discover hardware/software changes in the network and populate the changes to the necessary subsystems to maintain always-sync state.
  • **Self-Config/Self-Organize: **Whenever network changes happen, automatically configure corresponding hardware/software parameters such that the network is at the pre-defined target states.
  • **Self-Monitor: **Constantly monitor networks/services operation states and health conditions automatically.
  • Auto-Detect: Detect network faults, abnormalities, and intrusions automatically.
  • **Self-Diagnose: **Automatically conduct an inference process to figure out the root causes of issues.
  • **Self-Healing: **Automatically take necessary actions to address issues and bring the networks/services back to the desired state.
  • **Self-Report: **Automatically communicate with its environment and exchange necessary information.
  • Automated common operational scenarios: Automatically perform operations like network planning, customer and service onboarding, network change management.

On top of those, these capabilities need to be across multiple services, multiple domains, and the entire lifecycle(TMF, 2019).

No doubt, this is the most ambitious goal that the networking industry has ever aimed at. It has been described as the “end-state” and“ultimate goal” of networking evolution. This is not just a vision on PPT, the networking industry already on the move toward the goal.

David Wang, Huawei’s Executive Director of the Board and President of Products & Solutions, said in his 2018 Ultra-Broadband Forum(UBBF) keynote speech. (David W. 2018):

“In a fully connected and intelligent era, autonomous driving is becoming a reality. Industries like automotive, aerospace, and manufacturing are modernizing and renewing themselves by introducing autonomous technologies. However, the telecom sector is facing a major structural problem: Networks are growing year by year, but OPEX is growing faster than revenue. What’s more, it takes 100 times more effort for telecom operators to maintain their networks than OTT players. Therefore, it’s imperative that telecom operators build autonomous driving networks.”

Juniper CEO Rami Rahim said in his keynote at the company’s virtual AI event: (CRN, 2020)

“The goal now is a self-driving network. The call to action is to embrace the change. We can all benefit from putting more time into higher-layer activities, like keeping distributors out of the business. The future, I truly believe, is about getting the network out of the way. It is time for the infrastructure to take a back seat to the self-driving network.”

Is This Vision Achievable?

If you asked me this question 15 years ago, my answer would be “no chance” as I could not imagine an autonomous driving vehicle was possible then. But now, the vision is not far-fetch anymore not only because of ML/AI technology rapid advancement but other key building blocks are made significant progress, just name a few key building blocks:

  • software-defined networking (SDN) control
  • industry-standard models and open APIs
  • Real-time analytics/telemetry
  • big data processing
  • cross-domain orchestration
  • programmable infrastructure
  • cloud-native virtualized network functions (VNF)
  • DevOps agile development process
  • everything-as-service design paradigm
  • intelligent process automation
  • edge computing
  • cloud infrastructure
  • programing paradigm suitable for building an autonomous system . i.e., teleo-reactive programs, which is a set of reactive rules that continuously sense the environment and trigger actions whose continuous execution eventually leads the system to satisfy a goal. (Nils Nilsson, 1996)
  • open-source solutions

#network-automation #autonomous-network #ai-in-network #self-driving-network #neural-networks

Lisa joly

Lisa joly

1624205640

VOYAGER Token AKA Celsius Network KILLER or Not? (HOT NEWS!!

Voyager allows you to Earn up to 9.5%* interest APR on 50+ Digital Assets, Commission-Free and made simply for Crypto Enthusiast . Basically this is a publicly traded company that has a app that allows you to earn on your crypto. This you could say is direct competitor of Celsius Network, BlockFi and Crypto.com.
📺 The video in this post was made by Crypto expat
The origin of the article: https://www.youtube.com/watch?v=dySE-IoqUc8
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #token #voyager token #aka #voyager token aka celsius network killer or not?