Our Saturn HODL's token allocation has now sold out on Ethereum and Ethereum Classic. A big thank you to all of our existing members for your continued support and to all of our new Saturn DAO members: welcome!
HODL Program Stats
This investment session sold 200,000,000 SATURN and 150,000,000 STRN tokens, distributing Saturn DAO ownership while raising 507 ETH and 7914 ETC in development funds. It was also the most successful HODL program to date, being closed out in under 80 days and seeing 104 participants.
We already see both SATURN and STRN token price recovering on the exchange. Now that demand for new tokens can only be satisfied by the exchange it will be interesting to watch the price dynamics and order books change. Especially with the recent UI updates we have made that display more statistics and provide greater transparency to our markets.
For example, we see the liquidity depth on order books is ~306 ETC for STRN and ~5.9 ETH for SATURN.
What is coming next?
During the end of 2019 and early 2020, we will be concentrating on the Exchange upgrades outlined in our Saturn Q3 2019 Review that focuses on improving our users' overall experience when visiting the platform to trade tokens. We are particularly excited about implementing Atomic Arbitrage to bring liquidity from other DEXs to our exchange.
Several of these upgrades have already been carried out: the exchange's UI is now more mobile friendly and our new token info pages provide you with more project information and statistics. We are very confident that the remaining upgrades and plans outlined in Stage 4: Fenrir of our roadmap will be completed on time - if not sooner.
Future is bright!
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