Dear lovely ASTAR community,
Hello!
I am Takakoji, Co-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.
VLS will grow together with everyone in the ASTAR community & ASTAR zkEVM, so let’s discuss it here first together!
Thank you for your support!
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
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
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.
How to use dapps staking
We are planning a RWA acquisition operation in Nigeria.
We will use it for sustainable feature development.
This is still in the planning stage, but this is where we are looking to go.
- implement new Polygon AggLayer AMM
- Launchpad
- token publish and move to DAO (ve Tokenomics)
Part of the money will be used for minimal marketing expenses.
The above!
We will launch ASTAR zkEVM and make sure it is stable 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!
We say thank you to the community!
Follow Us
• Twitter https://twitter.com/VeryLong_Swap
• Discord Very Long Swap
• Document What is Very Long Swap? - Very Long Swap v1.0.0
• Testnet https://testnet.verylongswap.xyz/
