Home > web3.0 > Learn more about the VNLA coin project introduction in one article

Learn more about the VNLA coin project introduction in one article

WBOY
Release: 2024-03-17 09:55:14
forward
754 people have browsed it

Chocoswap is the first comprehensive cross-chain asset integrated trading platform ecosystem, and VNLA coin is the native governance token of the platform.

Chocoswap, a comprehensive cross-chain asset integration trading platform, should now aggregate a large number of public chains, including Ethereum, Polkadot, Ontology, NEO, Binance Smart Chain, Huobi Heco, and Okchain Wait for almost all existing public chains.

This project can aggregate digital assets on various public chains through cutting-edge cross-chain technology, and can also develop a series of derivative financial instruments based on DEX contracts.

Learn more about the VNLA coin project introduction in one article

What is the issuance price of VNLA coins?

The issuance price of VNLA coin is US$1.5

Starting from the second phase, Chocoswap will start cross-chain mining. Through cross-chain technology, Chocoswap will be integrated into other production chains. Users can earn rewards by providing liquidity.

In addition to liquidity mining, users can also enjoy VNLA rewards by providing trading volume in different pools. The transaction fees you pay will be returned in the form of VNLA. The more you trade, the more rewards you get.

50% of the net profit will be used to buy back and burn VNLA, while the other 50% will be distributed to VNLA holders. Chocoswap will be the first decentralized exchange with a complete referral program.

Chocoswap will follow 3 versions to achieve a stable, fluid, instant, and cheap cross-chain decentralized exchange, providing the best user experience for our global users.

VNLA coin project introduction

VNLA is the governance symbol in the Chocoswap ecosystem. VNLA has no founders’ stakes and no venture capital interests – it has completely equal access to staking allocations to attract a broad and like-minded community to steward the protocol and the future of the token. The total number of VNLAs is 21 million.

A unique infrastructure will provide Chocoswap with enhanced second-layer scalability to conduct more transactions than existing decentralized exchanges, providing a smoother experience for users. A fully decentralized order book mechanism that not only allows traders full control over their orders, but also automatically matches orders on-chain.

Chocoswap will integrate existing public chains to achieve complete ecosystem interconnection. Unlike existing protocols, Chocoswap will not rely on a third party to judge cross-chain transactions, but will directly conduct safe and reliable cross-chain transactions. Through Chocoswap, users can achieve fast transactions between different digital assets in different ecosystems.

The decentralized identity system will help Chocoswap establish a decentralized, trustless credit system for all financial activities in the ecosystem. The decentralized identity system will help Chocoswap establish a decentralized, trustless credit system for all financial activities in the ecosystem.

The above is the detailed content of Learn more about the VNLA coin project introduction in one article. For more information, please follow other related articles on the PHP Chinese website!

source:jb51.net
Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Popular Tutorials
More>
Latest Downloads
More>
Web Effects
Website Source Code
Website Materials
Front End Template