Chocoswap (VNLA) & SofaSwap reached a single token pledge cooperation, and the trading will start soon
SofaSwap and Chocoswap（VNLA）have entered into a single token pledge partnership to jointly explore the liquidity mining Farmer and promote the innovation and development of the project market.
As a decentralized coin-margined futures trading protocol, SofaSwap proposed the concept of “Earning Tokens in Bear Market” to solve the lock-in problem of locked tokens.
Users can use VNLA to open mainstream token contracts (such as BTC, ETH) on SofaSwap https://v2.sofa.pub/home, and the settlement token is any digital asset (such as VNLA) staked by the market maker LP.
SofaSwap and Chocoswap (VNLA) have entered into an in-depth cooperation on the product forms and market promotion, hoping to provide users with more trading opportunities!
SofaSwap consists of three roles: Trader, Maker and Farmer. The quotation token is a highly-liquid main currency contract (such as BTC, ETH), and the settlement token is any digital asset staked by the market maker LP (such as: VNLA)
①Farmer: Stake tokens to provide liquidity and charge 10% of the transaction fee; it does not take any risks and has stable long-term returns.
②Maker: Stake tokens to provide liquidity for market making and bear the user’s profit and loss settlement; set the transaction fees, leverage and other risk control parameters for the liquid pool; short-term risks are controllable and long-term benefits are huge, and can get 60% of the transaction fee.
③Trader: Stake tokens as margin, use up to 100 times leverage to trade; high risk and high return.
Chocoswap is a comprehensive cross-chain asset integration trading platform, which will aggregate all existing public chains including Ethereum, Polkadot, Ontology, NEO, Binance Smart Chain, Huobi Heco, Okchain, etc. Through cutting-edge cross-chain technology, it will realize cross-chain and aggregate transactions of digital assets on various public chains, and develop a series of financial derivatives such as contracts and futures based on DEX.
Contract address on HECO：