LON is an applied token issued by Tokenlon, which is used to motivate all parties involved in the network ecology to ensure that all parties can participate in and jointly promote the development of the ecology. LON tokens have two main uses: 1)) Rate discount: Tokenlon currently charges a standard 0.3% fee for most transactions.

By holding LON, the user can receive a discount on the handling fee based on the amount held. 2) Governance: LON will empower the community to participate in Tokenlon governance, LON holders can improve Tokenlon by initiating Tokenlon Improvement Proposal (TIP) proposals and voting, For example, determine the purpose of the Treasury, fee parameters, buyback parameters, supporting assets, product functions, etc.