VNLA is the governance token of Chocoswap, a comprehensive cross-chain aggregation platform. The total amount of VNLA is 21 million, 90% of that will be minted by community users, 5% of that will be rewarded to the community, and 5% will be ecosystem development fund.
VNLA has the functions as following:
- Voting and governance for Chocoswap ecosystem;
- New mining pools can only be added by VNLA voting, for example, if you want to add another VNLA versus stablecoin mining pool, community members need to vote with VNLA.
- 50% of the net profits will be used to buy back and burn…
Chocoswap, the first cross-chain decentralized exchange based on Ontology ecosystem, will officially start token sales via LID (Liquidity Dividends Protocol) at 21:00 January 8th PST.
Chocoswap’s vision is to become the first decentralized exchange built on Ontology, and it aims to resolve the issues in the existing decentralized exchange sphere. With the help of dual token mechanism (utility token: Choco; governance token: VNLA), Chocoswap will realize the absolutely fair DAO (decentralized autonomous organization). Further, it will realize instant cross-chain transactions and much lower transaction fees. Chocoswap has passed the code audit from well-known audit company QuillAudits.
Currently, Chocoswap is built…
Dear Community Members,
Thank you so much for supporting Chocoswap. We have launched a bounty to appreciate the community. Please read through the instructions to participate and earn some rewards.
General Rules
Welcome to Chocoswap Social media Bounty program, Join Chocoswap & get your free CHOCO tokens. The participants of the bounty campaign will be able to accumulate stakes that can be converted into rewards.
Before getting started, make sure you are eligible to participate by reading the following:
• For participation in bounty it is mandatory to join our English Telegram Group: CHOCOSWAP TELEGRAM
Chocoswap testnet is live, as the team prepares to roll out some big upgrade in coming weeks on our platform — https://chocoswap.finance. Although our technical team has made every effort to squash all the bugs in our systems, there’s always the chance that we might have missed one posing a significant vulnerability. If you discover a bug, we appreciate your cooperation in responsibly investigating and reporting it to us so that we can address it as soon as possible. Chocoswap recognizes the importance of security researchers in helping keep our community safe and secure. …
Recently, Chocoswap, the cross-chain decentralized exchange has announced the strategic cooperation with ONTO, Ontology’s self-sovereign data wallet, which allows users to visit Chocoswap via their mobile devices.
Chocoswap aims to solve the existing issues in the DEX sector by providing instant transactions, lower fees, cross-chain asset exchange, improved user experience, and many other benefits. Moreover, the dual token economy model (utility token: Choco; governance token: VNLA) will incentivize users to provide liquidity and trading volume, thus facilitating the sustainable development of the Chocoswap ecosystem.
Chocoswap, the first cross-chain decentralized exchange on the Ontology, aims to solve the existing issues in the DEX sector by providing instant transactions, lower fees, cross-chain asset exchange, improved user experience, and many other benefits. Moreover, the dual token economy model will incentivize users to provide liquidity and trading volume, thus facilitating the sustainable development of the Chocoswap ecosystem.
Here is the Chocoswap mining instructions below:
- First of all, log in your account via www.chocoswap.finance (test version currently), and you will be able to check the VNLA mining status. If connecting your wallet, you can check the VNLA harvest. VNLA…
Chocoswap
The First Cross-Chain Decentralized Exchange built on Ontology(Formerly called Ontoswap)
