ICONation Update: December, 2020

3 min readDec 29, 2020

Hello ICONists,

Thank you for checking out our latest news release. Please see below for ICONation related updates for December, 2020.

ICONSwap Update

ICONation announced in December, 2020 that ICONswap will be temporarily shutting down until we have more clarity around various regulations that are being implemented, particularly in the US and France. We hope this is a temporary measure, but will be able to provide more information regarding ICONSwap’s future at a later time.

In the US:

And in France:

Due to these possible implementations of new KYC rules centered around decentralized exchanges, ICONation has opted to temporarily close down ICONSwap until we are certain no laws are being broken or circumvented. For now, we do not wish to be responsible for collecting and storing anyone’s personal information just because they wish to use ICONSwap. We are sincerely sorry for any inconveniences this may cause and hope to have positive news regarding ICONSwap in the future.

But, have no fear, ICONPool is here!

ICONPool announced on December 25th that TAP trading, liquidity farming and 16 new pools have been launched on ICONPool. Check it out here:

ICONation Monthly Financial Report

Below is a summary of rewards and spending in December, 2020.

The following rewards were claimed and distributed on December 1, 2020.

Reminder: All public ICONation wallet addresses can be found here.

Coming “Soon”

Heads up, there’s a new project brewing that an ICONation team member will be involved in which will be announced in the coming months. More on that project “soon”.

As always, please feel free to reach out to us if you ever have questions about ICONation and thank you for stopping by our Medium for the latest!

By ICONists, for ICONists