Weekly Project Report of Chocoswap (From April 14 to April 20, 2021)

Chocoswap

2 min readApr 20, 2021

Dear members of Chocoswap:

By 6:00 p.m. on April 19, 2021, the main data of Chocoswap is listed as follows:

Total supply of VNLA: 7.78 million

TVL: $610,000

Number of Currency-holding addresses: 6,335

Total members of the Chinese community: about 7,000 people

Total members of the English community: about 4,000 people

Followers on Twitter: about 5,500

Major points of the project are listed as follows:

Technical Progress

1、Swap has optimized transaction speed and increased currencies for exchange after the update. Users can check the progress on dex.chocoswap.finance through phones or computers.

2、The browsing function of Chocoswap will be launched soon.

Operation Progress

1、The trustless cross-chain exchange platform, Chocoswap will launch its equity token called Choco as well as the “Vanilla Farm”, which integrates NFT, mystery boxes and other games. Choco will be one of the major qualifications to enter the “Vanilla Farm”.

2、Choco cannot be booked in advance nor supported by any investment organizations. It is issued by community repaying and liquidity mining, totaling 100,000 units. 2,000 Chocos will be first given to the Chocoswap community and the liquidity mining will be started soon.

Overseas Development

1、Volunteers in the Turkish community build the corresponding community of Chocoswap (https://t.me/chocoswapTR) to support its development in Europe.

Chocoswap is at the initial stage of development so we still have a lot to improve. We wish our members can understand and support our work in this period, and give us your precious advice. It’s much appreciated!