Weekly Project Report of Chocoswarp (From March 17th to 23rd)
Dear members of Chocoswap:
Up to 6:00 p.m. of March 22nd, the main data of Chocoswap is listed as follows:
Total supply of VNLA: 5.7157 million
TVL: $2.6157 million
Number of Currency-holding addresses: 7,150
Total members of the Chinese community: about 8,000 people
Total members of the English community: about 4,000 people
Followers on Twitter: about 6,000
Major points of the project are listed as follows:
Technical progress
- The Swap function is being developed as planned. It’s estimated that by the end of March and the beginning of April, the first version of the Swap function will have been launched. By then, users can directly exchange HT, USDT, HUSD, and VNLA through the Chocoswap platform.
- At the initial launching of Swap, the function of “transaction and mining” will be available. Users can transact and gain the VNLA reward on Chocoswap.
- The cross-chain mining function of Chocoswap is being developed as planned.
Operation Progress
The “pledge and locked position of single currency” program is in progress. Chocoswap will share 10% of vanilla (VNLA) of all transaction mining fees and single currency pledge income in the first month as a reward to users participating in the program.
Brand Building
- Since March 23, 2021, VNLA will cooperate with Beeswap in mining. Through ledge transactions between VNLA and BEE, users can gain VNLA, BEE, or MDX randomly. The activity lasts for a week.
- Recently, Chocoswap will cooperate with NEO’s ecological wallet, O3 wallet in small-scale airdrop, which will attract more than 100,000 foreign users of O3.
Overseas Development
- VNLA officially launches its overseas Bounty Task program with a duration of 4 weeks. The program will enroll over 100 overseas volunteers to be in charge of editing texts in English, and marketing in the overseas telegram group and twitter, which will influence over 30,000 members in the overseas community. Volunteers will be rewarded according to their performance four weeks later with the total amount of reward not exceeding 20,000 VNLA.
Special thanks to all the passionate members of the Chocoswap community for their helpful suggestions on finding partners and launching projects for the community ecology. Encouragement and support from the community will always be the driving force for us to progress forward.
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 Account: https://weibo.com/chocoswap
Reddit：https://www.reddit.com/r/Chocoswap/
Medium：https://medium.com/@chocoswap
