VeryLongSwap | Staking Airdrop | dApp Staking Proposal

Great description and very detailed, I just started using the testnet

6 Likes

Dear ASTAR User,

I am very honored by your careful reading and praise of the VLS documentation!
Please try the testnet and let me know on Discord or X if there are any improvements.
Let’s continue our journey together!
I appreciate your support, and I look forward to hearing from you soon!

Best,
Takakoji

5 Likes

From the perspective of users utilizing it for the purpose of assets trading, the primary consideration would undoubtedly be achieving low slippage through high liquidity. Furthermore, liquidity providers should receive adequate compensation, and infrastructure advancements such as UI optimization for concentrated liquidity need to be prioritized.

Considering the existing liquidity hub, QuickSwap, are there any other specialized distinguishing features in mind? For example, it might be worth highlighting the ability to conduct thorough due diligence on IDO, the capacity to attract promising projects that even CEX take notice of, or a system that can reliably provide liquidity for especially IDO tokens.

Since it’s not immediately clear how NFTs and existing IPs connect with the potential of such a DEX, if there is a connection, it’s important to emphasize that aspect. Ultimately, it would be beneficial to clarify which item could solve the initial chicken-and-egg problem and then how to compensate a sustainable liquidity cost.

5 Likes

Dear ASTAR user,

Thank you for your very thought provoking comments.
And thank you for your advice!
I think the outstanding value when compared to Quick Swap is the point system.
This point-to-point system will allow users to receive airdrops.
We will be offering AirDrop to Very Long Swap users between the launch of DEX and the launch of the tokens, as well as on an irregular basis.
Thank you for your continued support!

Best,
Takakoji

2 Likes

VLA is very unique and cute. Then a lot of crypto users have interest at Very Long Swap.
A lot of Nigeria people knows about VLA, then a lot of nigeria people will come to Very Long Swap.
But a lot of nigeria people donT have a lot of money, then trading fee back campain might be one of the better way after launch

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Amazing! You seem to have a solid product :ok_hand: Moreover, it’s a yes for a DEX on Astar zkEVM. I wish you all the best :+1:

5 Likes

Dear ASTAR user,

Thank you for your compliments and appreciation of unique and cute points!
And thank you for telling us about Nigeria!
The no transaction fee campaign is very attractive!
I will pass this on to my team members!
Thank you for your continued support!

Best,
Takakoji

2 Likes

I like the characters in the UI, they are very cute!
Any plans to launch these characters as NFT?

4 Likes

We are looking forward to the VLS launch!
How can I receive a VLS airdrop? Please let me know if you have a specific schedule for what to do.

4 Likes

Dear ASTAR user,

Thank you for the character compliment! The character is cute, isn’t it?
I was pleased to tell the designer about it!
We may or may not sell them as NFT. If so, we will announce it in X or discord.

Best,
Takakoji

1 Like

Dear ASTAR user,

Thank you for your kind comments!
We are currently opening our test net and plan to open our main net as soon as possible after the ASTAR zkEVM main net is launched. Specifically, it will be within a month.
Also, the main way to get airdrops is through liquidity offerings, trades, and point systems. This will be announced in detail after the mainnet launch, so please wait for it!
Thank you for your continued support!

Best,
Takakoji

1 Like

Thank you for the proposal.
I have used the testnet. The UI is good and easy to use. I have a question about liquidity. I understand that the price determination mechanism is similar to Uniswap. In this case, I think a certain amount of liquidity is required immediately after the mainnet launches. If possible, could you tell me how this liquidity will be provided?

3 Likes

Dear ASTAR user,

Thank you for your comment!
We believe that the UI is important for the provider to have the interface structure that you are used to.
As for the liquidity supply, our goal is to provide a sufficient amount, and we have not ruled out all possibilities: from the project, from the provider, or procured and provided by a VC.

Best,
Takakoji

3 Likes

Very excited to see more Defi options on Astar ecosystem, also it will interesting to see the implementation of Polygon AggLayer AMM, sharing the liquidity from different chains.

4 Likes

Dex is very smooth! I will looking forward to VLS!

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This is quite an important point to consider, mainly because using this model allows for more accurate pricing, as opposed to oracles. Good that they are solving it this way!

2 Likes

I have always said that DeFi is very important for Astar, at the moment it seems to me that they have a good pace in the development of the project, it will be interesting to keep receiving updates from their DeFi ecosystem, especially from their DEX.

3 Likes

Dear ASTAR user,

Thank you for your nice comments!
I hope you enjoy and support DeFi a lot first as an option.
Polygon AggLayer will be of interest to us once ASTAR implements it, and together with ASTAR and the community, VLS will grow together!

Best,
Takakoji

4 Likes

Dear ASTAR user,

Thank you very much for your kind comments!
Your engineers will be very pleased! I will tell them!
Thank you for your continued support!

Best,
Takakoji

1 Like

Thank you for your comment!
It is our pleasure to be able to solve your problem by further improving our technical level!
We look forward to your continued support!

Best,
Takakoji

2 Likes