Weekly Report (August 25-August 31, 2021)

Chocoswap
2 min readSep 1, 2021

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Dear Chocoswap community members:

As of 18:00 on August 30, 2021, the main data of Chocoswap are as follows:

VNLA circulation/total amount: 8.873 million / 18.95 million
Repurchase: 455,000 (of which 50,000 are destroyed)
VNLA token holding addresses: 8,218

Choco circulation/total amount: 41,200/80,000
Repurchase: 4,000
Choco holding addresses: 692

Total number of Chinese community: 7,600
Total number of English community: 2,800
Twitter followers: 13,200
LinkedIn followers: 3,036
Facebook fans: 3,140

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

Operation

(1) Chocoswap board of directors pledge pool is officially opened, the address is https://dex.chocoswap.finance/#/staking
Note that the beginning must be: “https”

Users can stake VNLA to a single token mining pool to obtain fixed income.

1. Single currency reward pool: 20,000 or more VNLAs need to be pledged;
2. Activity period: 0:00 on August 30, 2021 to 0:00 on March 1, 2022
3. Fixed income: 25% annual interest rate
4. After the pledge, interest will be calculated, and interest will not be calculated if it is taken out. The number of rewards will be displayed in the upper right corner.
5. The principal can be withdrawn at any time, and the reward part needs to be withdrawn uniformly after 6 months.

(2) Chocoswap and SofaSwap have reached a single-token pledge cooperation. Users will soon be able to use VNLA to open mainstream currency contracts (such as BTC, ETH) on SofaSwap https://v2.sofa.pub/home, and the settlement currency will be the market maker LP Any digital assets that are mortgaged (such as VNLA).

(3) The project operation team continues to use its own funds to repurchase VNLA in the market.

All VNLA will be repurchased to address 0x1ea2820A61fA3374C7cB636753d93309904E7632
Users are welcome to inquire and supervise.

As of August 30, a total of more than 450,000 VNLAs and 4,000 CHOCO have been repurchased, and 50,000 VNLA have been destroyed.

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:

Official website: chocoswap.org
Aggregate trading website: dex.chocoswap.finance
Support wallets: Huobi Wallet, HyperPay, TP, ONTO, Codebank, Bitkeep, etc.
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

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Chocoswap
Chocoswap

Written by Chocoswap

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

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