Very Long Swap | Staking Airdrop | dApp Staking Proposal

Dear ASTARs,

I am Takakoji, Founder of Very Long Swap (VLS)! I usually run a game studio and an AI company!

This is an application to add ‘VeryLongSwap | Staking Airdrop’ to the list of ASTAR dApp Staking.

We have been in continuous operation since our mainnet launch in March and have been developing new features to improve the user experience and increase satisfaction.
For example, the release of the point system, SImple Staking feature, and meme coin handling ($HAHA,$CHICHI,$NINJA).

Our team also proved its originality and technical skills by winning three awards at TEAMZ’s ASTAR Hackathon in April: Astar, The Graph, and Bifrost.

VLS will continue to provide new experiences and grow together with the ASTAR community & everyone at ASTAR zkEVM, so let’s discuss it together here first!

As a native DEX, we will continue to engage in unique activities.

Best regards!

What is Very Long Swap?

Summary

Very Long Swap is a DEX (decentralized exchange) on Astar zkEVM based on the concept of the Japanese NFT project Very Long Animals.

It will be released at the same time as the launch of Astar zkEVM and will contribute to the development of the Astar zkEVM ecosystem.

As a background of the project, this IP has many fan users in Nigeria, and we aim to build a sustainable and direct social contribution activity by using a part of the QA work and revenue to users in that country.

Very Long Swap has obtained permission to use the IP from Very Long Animals.

The VLS test net is already up and running and can be used from here!

If you have any requests for improvements, let’s improve it together and make it better!

The URL is given at the bottom.

What is Very Long Animals?

Very Long Animals is an NFT collection from Japan featuring animals with long faces, and since the project’s inception in 2022, it has developed its own community, including the development of a culture of secondary creation, and is loved by many people.

The VLS test net is already up and running and can be used from here!

If you have any requests for improvements, let’s improve it together and make it better!

List of initial features of Very Long Swap

Swap

Very Long Swap allows the exchange of tokens on Astar zkEVM.

Farming

Farming allows you to earn commissions from token exchanges made on the DEX by providing a liquidity supply (*) for your tokens in Very Long Swaps.

During the period, you will also earn points based on your contribution to the liquidity supply in addition to your transaction fee.

※Liquidity provision refers to the role of an AMM (Automatic Market Maker) in facilitating user transactions by providing a specific pair of tokens to smart contracts to meet the demand for buying and selling. In return, the liquidity provider receives a transaction fee from the user.

IDO Launchpad

IDO (Initial DEX Offering) is a method of token financing on the DEX (Decentralized Exchange). Participants can participate in a token sale of pre-listed tokens on the DEX.

Very Long Swap’s IDO Launchpad will host IDOs by several projects.

Roadmap

The Road Map schedule is as follows

2024Q1

・Testnet Launch

・Mainnet Launch

・Airdrop

2024Q2

・Liquidity staking capabilities

・Further security and auditing

2024Q3

・Token Listing

・Liquidity Efficiency Features

2024Q4

・Token Listing

・Additional function development planning

VLS3

Token Economics

Basic Information

​・Name: Very Long Swap

Token Issue limit: 10 billion

Ticker: VLS

Contract address: Under construction (to be announced as soon as it is determined)

Supported Chains: Astar zkEVM

Token Standard: ERC-20

VLS2

Token Allocation

The $VLS was developed to ensure a sustainable ecosystem and social contribution activities.

The majority is reserved for community emissions, including airdrops.

Total supply: 10 billion pieces

Community: 34.3 %

Airdrop: 10% of total Ecosystem development: 25

Core contributors: 24.5 %

Investors: 16.2%

Vesting

Vesting is designed in VLS for sustainable growth and contribution to the community and society.

Vesting and locking periods are set for investors, the core team, and advisors.

Each has a vesting period and an exercise period.

The above vesting and exercise periods will be disclosed as soon as they are determined.

These will contribute to the growth and sustainable development of the community.

AirDrop

10% of the $VLS total supply will be allocated for distribution as an AirDrop.

Engaging in activities such as trading on VLS from the early stages and enhancing engagement on social media may increase the chances of receiving the AirDrop.

No AirDrop dates have been announced at this time. Airdrop details are being provided via the official X and the upcoming Discord.

Until then, please do not trust any claims or rumors regarding the token sale or AirDrop.

Point System

We have developed a point system on ASTAR zkEVM that will be of particular benefit to users!

Very Long Swap will offer AirDrop to Very Long Swap users during the period between the DEX launch and the token launch, as well as irregularly.

Token allocation will be based on points that represent contributions to the ecosystem, which can be earned through Farming, Referrals, dApp Staking, and Special Promotions.

You can check the status of points earned during the period from the screen.

Farming

You can earn points by supplying liquidity to Very Long Swap during the period.

The period will be announced only from the official website.

Referral

You can earn points by referring new users to Very Long Swap during the period.

This will also be announced only from official sources.

dApp Staking

During this period, users can earn points by staking dApp tokens in the Astar Portal for Very Long Swaps.

dApp Staking is a feature that allows users to earn yield by staking ASTR tokens to dApp projects, while at the same time supporting the projects.

The dApp Staking is a feature that allows users to earn yield by staking ASTR tokens to dApp projects while at the same time supporting the projects.

Governance

VLS token holders can participate in the governance of the Very Long Swap by voting based on the quantity of tokens they hold.

Smart contracts will be updated and assets in the treasury will be used based on the results of the community participants’ votes.

Partnership

VLS is supported by nine partners, including a formal partnership with ASTAR zkEVM, the car racing project NEO, which is sponsored by car manufacturers TOYOTA and SUZUKI, and the CNP-derived NFT project, which has distributed over 5,000 ETH, with more expansion planned.

We have also entered into a partnership with HAHA coin, which will further expand our partnership.

How to use dapps staking

VLS to launch IDO Launchpad and
Liquid Restaking, which is currently under development.
Liquid Restaking will be a new adventure for ASTAR community users!
We will continue to develop the launchpad in a flexible and speedy manner, which is only possible with native DEX.

IDO Launchpad feature development and auditing
Liquid Restaking feature development and auditing
Token release and transition to DAO (ve Tokenomics)
Part of the funds will be used for minimal marketing expenses.
Above!

We will launch ASTAR zkEVM and stabilize it for a week before launching the VLS mainnet!

Let’s open up a new world together!

Let’s discuss it together and make it a good DeFi as an ASTAR community!

Thank you community!

Follow Us

• X https://twitter.com/VeryLong_Swap

• Discord Very Long Swap

• Document What is Very Long Swap? - Very Long Swap v1.0.0

• Mainnet https://verylongswap.xyz

1 Like

Hello!
VLS is already listed on dApp Staking, what is this asking?

1 Like

Hello!
Thank you for your comment! This is the next listing application for dapps staking!

Basically one listing per project.
Listings will not be done on a per-function basis.

2 Likes

Thanks for the advice. Confirmation.

I really like the project. I’m excited to see the IDO launchpad. It would be nice to know if it will accept different tokens like USDT, USDC, and ETH for the projects looking to launch there.

Thanks for liking the project! I am very happy!
The IDO launch pad will be $ASTR and one other at first!
Looking forward to the release!
Enjoy your new adventure with us!

What You425 said was correct. You don’t need another listing proposal, VLS will be automatically listed in the next batch. So what you need is to engage VLS community to stay staked their ASTR with VLS during next batch :slight_smile:

1 Like

I really like VLS , patiently waiting for the IDO :grin: Keep building! :star2:

1 Like

Hey @Takakoji big fan and we have already worked together so VLS has my support!
As @you425 already mentioned you are already listed on dApp Staking and I believe there is no renewal needed for every new period. But you can ofc post updates in the same thread to keep the community updated :slight_smile:

1 Like

Hello @Takakoji,

I apologize if this is repetitive, as others have already mentioned, but VLS is already listed, so this proposal is unnecessary.

Since its listing, VLS has been overwhelmingly and steadily gaining fans in the new dAppStaking v3, even compared to other projects of the same tier. Please continue your many activities, taking this as encouragement!

3 Likes

Definitely @Takakoji, you have been doing an incredible job, congratulations for the efforts that show in your results!

2 Likes

Hi @Takakoji , glad to see VLS is active and contributes to the ecosystem!
The airdrop, IDO launchpad, and point system would trigger another (hopefully new from other protocols) inflows to VLS and eventually to the Astar ecosystem! Look forward to seeing all the details and announcements in turn!

1 Like

Hi @Takakoji , Thank you for the proposal. I really appreciate your contributions.

If you agree with below:

I think it’s better to close this thread and introduce the new system in this thread. I think it’s easier to understand if you merge VLS’s innovative initiatives into one thread!