The weekly report of Chocoswap(April 21-April 27, 2021)

Dear Chocoswap community members:

As of 18:00 on April 25, 2021, the main data of Chocoswap are as follows:

Total supply of VNLA: 7.8 million
TVL: $624,000
Coin holding addresses: 6329
Total number of Chinese community: about 7000
Total number of English community: about 4000 people
Twitter followers: about 7,000

The main points of the project this week are as follows:

Technological progress

1、Chocoswap aggregate transaction browser function is active, and it is expected to launch a beta version within this week.

2、CHOCO (chocolate) launched liquidity mining on the evening of April 26, 2021. The first phase will open VNLA single token staking mining CHOCO, stake CHOCO to obtain CHOCO two mining pools, the mining period is 10 days.

Operational progress

1、 In order to thank the community members for their support of the project, Chocoswap launched the first feedback event, rewarding a total of 2300 CHOCO. The rules of the event are as follows.

(1) At least 1,000 VNLAs must be held in a single address;

(2) A snapshot will be taken from 20:00 to 21:00 on April 21st. Users who are interested in participating in the event can put VNLA in the wallet address for easy snapshots. (If you participate in liquidity mining, you can temporarily propose it)

(3) In order to thank the members of the Vanilla Board of Directors for their support, in addition to the basic rewards, an additional 20% of Choco was awarded. (Excluded members who have resigned)

2. Chocoswap and Codebank hand in hand to give out 300 CHOCOs to Codebank wallet users, as long as they download the wallet and complete the corresponding tasks, they can receive it on a first-come, first-served basis.

3. On the evening of April 22, Chocoswap Operations Manager Shawn made an AMA in the Codebank community to introduce the development of the project in detail.

Overseas Community

1. Turkish community volunteers built the Chocoswap Turkish Community (https://t.me/chocoswapTR) and actively supported the development of Chocoswap’s European ecosystem.

Chocoswap is still in the early stage of development and has many shortcomings. We hope that the community members will understand and support, and provide us with valuable comments and suggestions, thank you!

Contact us:

Official website: chocoswap.org
Mining website: chocoswap.finance
Email: contact@chocoswap.io
Github: https://github.com/chocoswap
Twitter: https://twitter.com/Choco_Swap
Telegram (English): https://t.me/chocoswap
Telegram (Chinese): https://t.me/chococn
Official Weibo: https://weibo.com/chocoswap
Reddit: https://www.reddit.com/r/Chocoswap/
Medium: https://medium.com/@chocoswap
Facebook: https://www.facebook.com/Chocoswap-108217491075427
LinkedIn: https://www.linkedin.com/company/chocoswap

The First Cross-Chain Decentralized Exchange built on Ontology(Formerly called Ontoswap)