-> Lendingblock Exchange is now live! ->
December Update - Launch of Lendingblock Exchange, Coinsbit.io Listing, Uniswap Liquidity and January Outlook
Platform News
Jan 4, 2022

December was a significant month for us and we achieved a number of key milestones that address LND liquidity. 

Launch of Lendingblock exchange with LND/USDT trading pair 

We developed and launched an internal exchange on Lendingblock.com that allows Lendingblockers to easily and securely exchange between LND and USDT (both are ERC-20 tokens) on the same platform as earning interest and borrowing stablecoin. 

This is a very exciting development as it allows trading between major cryptocurrencies (BTC, ETH, USDT, BNB and others) in the future. 

Check out the Lendingblock exchange here.

Coinsbit.io listing LND/USDT 

In December, we were listed on Coinsbit.io! 

Coinsbit is a centralized exchange and was launched in 2018. We chose to list on this exchange because it is trusted by hundreds of thousands of users, generates over $1billion in trading volume on a daily basis and is in the top 50 of exchanges (according to CoinMarketCap). 

The trading pair is LND/USDT (both tokens being ERC-20) and you can check it out here.

Uniswap liquidity added

To further improve the liquidity of Lendingblock token, we have locked up ETH and LND into the Uniswap V3 pool. 

We added ETH and LND liquidity to the Uniswap v3 pool and you can check it out here.

Outlook for January 

In January, we are looking to focus on the below priorities.

  • Internal exchange - new iteration will include Simple Trade, API for trading data to be provided to data vendors like CoinMarketCap and CoinGecko, and improvements to the trading UI
  • Updated website - adding of new pages (Security and Referral), introduce additional elements to the existing pages like Ecosystem Partners, Media Coverage, reworking of CTA blocks, roadmap and technical SEO changes 
  • Ecosystem - we are planning to release an announcement of integration with an ecosystem partner 
  • Marketing - we have nominated an experienced marketing agency with a significant track record in crypto and we will shortly be implementing growth strategies 

Conclusion 

As the year comes to an end, we would like to thank you all for your continued support, and we look forward to an exciting and prosperous 2022.