Market Performance
Info updated 1 year ago
Project Introduction

The Lemon project includes two sub contracts, LemonTree and LemonSwap.LemonTreeLemonTree is responsible for distributing LEMON tokens to early participants. Participants only need to mortgage ERC20 tokens to the corresponding mining pool to participate in LEMON mining.The total amount of Lemon is constant at 1 billion, and it will never be issued again. It will be distributed from the height of 10910000 in Ethereum block. The reward for participating in mining from 10910000 to 11040000 block height is 1000 per block, about 15 days, as an additional reward for early participants, and then the reward for each block will return to 100.At the same time, LEMON has a production reduction mechanism. When the total amount of LEMON reaches 500 million, the block out reward will be halved to 50 per block.When the total amount of LEMON reaches 300 million, LemonTree will be handed over to the community for governance. By initiating proposals and participating in voting, the community can govern the following functions of LemonTree:1. Add a new mining pool2. Modify the reward halving node3. Set rewards for each LEMON block4. Modify the total output LEMON5. Increase or decrease the LEMON allocation proportion of a certain mining poolLemonSwapLemonSwap is currently an automated market making (AMM) decentralized transaction (DEX) on the Ethereum blockchain. Unlike other protocols, LemonSwap is a community run project that is decided by community voting.When the total amount of LEMON reaches 150 million, the LemonSwap project will be launched, which will establish a decentralized exchange similar to UniSwap. LEMON will be circulated as platform currency, and LEMON users who hold more than 1% of the total amount can initiate proposals. When the number of votes exceeds 4% of the total amount, the proposal will be approved and executed on the chain.

Performance
*All info & data are for reference only, not investment advice!
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