Weekly Report (June 9-June 15, 2021)

Chocoswap
3 min readJun 18, 2021

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Dear Chocoswap community members:

As of 18:00 on June 14, 2021, the main data of Chocoswap are as follows:

Total supply of VNLA: 8.923 million
TVL: $340,000
Token holding addresses: 8,400
Total number of Chinese community: about 7,800
Total number of English community: about 3,600 people
Twitter followers: 8338
LinkedIn followers: 2248
Facebook fans: 3274

The fragrance of plum blossom comes from the bitter cold, and the sword edge comes from sharpening.

Thanks to the holders of VNLA (vanilla) and CHOCO for their unyielding support for the project, and walk through the most difficult moments with us. The project team will never forget your support.

The core value of vanilla and CHOCO is not the capital hype in the secondary market, but the core value of the Chocoswap aggregation trading platform.

After HECO’s one-click aggregation is the first product, it will directly play the arbitrage function. Our goal is to help users better capture the spread information and then arbitrage.

At the same time, the project party promised to use the platform’s income generated through arbitrage, regardless of the amount of income, to repay the core holders of VNLA (vanilla) and CHOCO, and continue to give back through repurchase and dividends.

Thank you for your support. We will not be afraid of difficulties and move forward.

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

Technology and products

(1) HECO one-click aggregation has been completed, website: https://dex.chocoswap.finance

(2) The project has been invited by the Hufu Ecological Chain and communicated closely with it, and will deploy the Hufu Chain as soon as possible, and strive to land on the Hufu Exchange.

(3) The project party will prioritize the improvement of HECO browser and other functions within this month, including the most important “ideal trading pair” recommendation (that is, the selection of the most suitable trading varieties for arbitrage), trading pair browsers, and liquid pool browsers and many more.

(4) Affected by network fluctuations at home and abroad, users in some regions reported that they could not log in to the mining website normally. The technical team has deployed backup servers and domain names, including:

backup.chocoswap.finance
2.chocoswap.finance

Marketing

(1) The project party will not forget all the supporters who have worked hard for us. Therefore, we will continue to deepen the white list of the board of directors as an important basis for rewards after the platform is profitable.

1. The board of directors. You can join with 50000+ VNLA (vanilla). Members who have previously joined the board of directors need to re-check their capital. New users who wish to join can contact the administrator Luna or Dreamchaser to register, and the application deadline is at 20 o’clock on June 20.

2. Ordinary whitelist. You can join with 5000+ VNLA (vanilla) or 500+ CHOCO. Need to verify capital. New users who wish to join can contact the administrator Luna or Dreamchaser to register, and the application deadline is at 20 o’clock on June 20.

3. Chocoswap and Youswap will continue joint mining until the end of June. Users can use VNLA-YOU’s LP to mine YOU, and the income is dynamically adjusted according to the TVL situation.

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

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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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