Weekly Report (September 8-September 13, 2021)

Chocoswap
2 min readSep 22, 2021

Dear Chocoswap community members:

As of 18:00 on September 12, 2021, the main data of Chocoswap are as follows:

VNLA circulation/total amount: 8.873 million / 18.95 million
Repurchase: 530,000 (of which 50,000 are burned)
VNLA token holding addresses: 8,199
The total amount of VNLA pledge: 6,198,900
TVL: US$205,600

Choco circulation/total amount: 41,200/80,000
Repurchase: 4000
Choco holding addresses: 688

Total number of Chinese community: 7,548
Total number of English community: 2,769
Twitter followers: 13,000
LinkedIn followers: 3,033
Facebook fans: 3,141

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

Operation:

(1) The board of directors pledge pool has been opened, and users can pledge VNLA with a single currency to obtain an annualized income of 25%. At present, the total amount of pledges is 6,198,900.

(2) It is expected that the LP pledge pool will be opened in the near future, and the annualized return will be higher.

(3) 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 a market maker Any digital assets mortgaged by LP (such as: VNLA).

(4) 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 September 13, a total of more than 530,000 VNLAs and 4,000 CHOCOs have been repurchased, and 50,000 VNLAs have been burned.

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
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

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