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About Pangolin
Key Points
- Pangolin is a multichain decentralized cryptocurrency exchange (DEX) on the Avalanche Network.
- The native governance token, PNG, enables community-driven development and governance.
- 100% of PNG tokens are distributed directly to the community, with no allocations to advisors, investors, or insiders.
- The total supply of PNG tokens is capped at 230 million, with 83% dedicated to incentivizing liquidity providers.
- PNG token holders can stake their tokens to earn a share of protocol revenues.
- The Pangolin team consists of experts in finance, economics, business, marketing, blockchain development, software development, design, and community building.
- Pang
About Pangolin
In the realm of decentralized finance, Pangolin emerges as a beacon of innovation, fostering a thriving ecosystem that converges the boundaries of decentralized exchanges and lending protocols.
Introducing Pangolin Exchange: A Revolutionary Trading Platform
Pangolin is a cutting-edge, multichain decentralized cryptocurrency exchange (DEX) built on the Avalanche Network, offering a seamless trading experience. By leveraging advanced tooling, deep liquidity, and a streamlined onboarding process, Pangolin provides effortless swaps and a superior experience for both projects and traders.
Introducing the PNG Token: A Revolutionary Digital Asset
The native governance token, PNG, empowers the community to steer the development of the product with unbridled autonomy. Through a pioneering 100% community-centric token distribution model, every token is allocated directly to the community, bereft of any allocations to advisors, investors, or insiders, thereby ensuring a truly decentralized and democratic governance structure.
The Circulating Supply of PNG Tokens: An Overview
PNG boasts a capped supply of 230 million tokens, with a substantial 83% allocation dedicated to incentivizing Liquidity Providers on Pangolin. These tokens are emitted daily to providers until emissions cease in October 2024.
PNG token holders are entitled to stake their tokens and receive a proportionate share of the protocol’s revenue streams. Notably, 0.0425% of all trades are allocated to the PNG staking pool through regular token buybacks, thereby enabling stakers to earn a lucrative APR on their PNG holdings, completely imperilment-loss-free.
The Visionaries behind Pangolin: Meet the Team
The Pangolin team comprises a diverse ensemble of experts, boasting proficiency in finance, economics, business, marketing, blockchain development, software development, design, and community building, united in their mission to create the world’s premier decentralized trading platform and multi-chain hub.
For further information about them, please refer to the Pangolin Docs.
Acquiring PNG: A Guide to Purchasing Options
PNG is now accessible for trading on Pangolin’s decentralized exchange, in addition to a burgeoning roster of centralized exchanges, including Gate.io, LBank, and MEXC.
Pangolin’s Comprehensive Toolkit Includes:
- Token swaps with seamless asset exchange
- Liquidity pools for optimized market making
- Yield farming with lucrative returns
- Portfolio tracking for real-time performance monitoring
- Customizable watchlists for personalized market oversight
- In-app news feeds for staying abreast of market developments
- Super farms offering multi-token rewards for enhanced yields
- Limit orders on all pairs for precise trade execution
- DEX-as-a-Service (DAAS) for seamless integration of Pangolin’s DEX widget into dApps
Pangolin: A Comprehensive Overview
Pangolin functions as a decentralized exchange (DEX) that predominantly enables the trading of cryptocurrencies within the Avalanche Network ecosystem. Notably, it sets itself apart by providing a seamless multichain trading experience, thereby extending its services to encompass Ethereum-based assets as well. This platform is meticulously designed with a strong emphasis on community-centricity, ensuring that its development and governance are democratically driven by its user base.
The exchange boasts a comprehensive suite of tools designed to elevate the trading experience. These include functionalities such as token swaps, liquidity pools, and yield farming, which are essential for users seeking to optimize their trading strategies. Furthermore, Pangolin offers a range of features catering to the diverse needs of its user base, including portfolio tracking, customizable watchlists, and in-app access to news. Advanced trading options, such as limit orders on all pairs and super farms for multi-token rewards, further enrich the platform’s offerings. Moreover, Pangolin introduces DEX-as-a-Service (DaaS), enabling projects to seamlessly integrate its DEX widget into their decentralized applications (dApps), thereby streamlining their operations.
At the core of Pangolin’s ecosystem lies the PNG token, which assumes the pivotal role of native governance token. This token empowers the community to exert influence over the platform’s developmental trajectory. Notably, the distribution of PNG tokens is decidedly community-centric, with no allocation reserved for advisors, investors, or insiders. The total supply of PNG tokens is capped, with a substantial portion earmarked for rewarding liquidity providers. These rewards are disbursed daily until a predetermined date, thereby incentivizing participation in the platform’s liquidity pools.
PNG token holders are afforded the opportunity to stake their tokens, thereby earning a proportionate share of the protocol’s revenue streams. This staking mechanism incorporates regular token buybacks, yielding stakers an annual percentage rate (APR) return on their PNG holdings, all while mitigating the risk of impermanent loss.
The Pangolin team boasts a diverse ensemble of experts, each bringing their unique proficiency in finance, economics, business, marketing, blockchain development, software development, design, and community building. United by a shared vision, they strive to establish Pangolin as a preeminent decentralized trading platform and a pivotal nexus for multi-chain interactions.
For those seeking to acquire PNG tokens, they are conveniently available on Pangolin’s proprietary exchange, as well as a curated selection of other reputable trading platforms. This broad accessibility ensures that a diverse audience can seamlessly participate in Pangolin’s ecosystem, thereby contributing to its growth and prosperity.
In summary, Pangolin emerges as a paradigm of a comprehensive and user-centric decentralized exchange, boasting a diverse array of features and tools meticulously crafted to cater to the multifaceted needs of modern traders and liquidity providers. Its steadfast commitment to community governance and relentless pursuit of platform development underscores its immense potential to leave an indelible mark on the decentralized finance (DeFi) landscape.
Pangolin’s Security Framework: A Robust Defense Mechanism
Pangolin, a decentralized cryptocurrency exchange built on the Avalanche Network, adopts a multi-layered security strategy. By harnessing the robust security features of the Avalanche blockchain, renowned for its exceptional throughput and low latency, the platform establishes a solid foundation for secure transactions. Furthermore, Pangolin employs a non-custodial wallet system, empowering users to retain control over their private keys and, by extension, their assets. This approach effectively mitigates the risk of asset theft from centralized points of failure, a pervasive vulnerability inherent in traditional centralized exchanges.
Beyond these measures, Pangolin incorporates a multifaceted security framework to thwart illicit activities and exploitation. Notably, the platform supports the use of hardware wallets, such as Ledger, which enables users to store their assets in a physical device disconnected from the internet, thereby significantly minimizing the risk of hacking and unauthorized access.
Pangolin’s unwavering dedication to security is exemplified in its governance token, PNG, which is entirely community-driven, thereby fostering a decentralized and user-centric development process. This paradigm encourages proactive participation and oversight from the community, thereby bolstering the platform’s security and integrity.
The platform boasts a comprehensive suite of tools and features meticulously crafted to elevate the trading experience while prioritizing security, encompassing token swaps, liquidity pools, yield farming, portfolio tracking, and a plethora of additional functionalities. These innovative offerings are further augmented by cutting-edge features, including limit orders on all pairs and DEX-as-a-Service (DAAS), facilitating seamless integration into decentralized applications (dApps).
Pangolin’s security paradigm is multifaceted, synergistically harnessing the innate advantages of blockchain technology with supplementary safeguards to ensure the protection of users and their assets. By placing paramount importance on user autonomy, leveraging cutting-edge blockchain functionalities, and cultivating a community-driven ecosystem, Pangolin strives to provide a secure and efficient trading environment for its users.
Pangolin’s Utilization Scenarios
Pangolin operates as a decentralized exchange (DEX) on the Avalanche Network, specifically designed to facilitate seamless trading of Avalanche and Ethereum assets. By adopting a community-driven approach, the platform empowers users to have a significant say in its development and governance through the utilization of its native governance token, PNG. This token assumes a pivotal role within the ecosystem, enabling holders to actively participate in decision-making processes and reap the benefits of a share of the protocol’s revenue streams.
The platform boasts a comprehensive suite of features designed to elevate the trading experience. These include token swaps, liquidity pools, and yield farming opportunities, all of which are crucial for traders seeking to optimize their potential returns. Furthermore, Pangolin offers a range of tools, including portfolio tracking and watchlists, as well as in-app news updates, ensuring users remain informed and up-to-date. Notably, the platform also introduces limit orders on all pairs, thereby enabling more strategic and deliberate trading decisions.
For projects seeking to incorporate decentralized trading functionalities, Pangolin presents a comprehensive DEX-as-a-Service (DAAS) solution, facilitating seamless integration of its DEX widget directly into decentralized applications (dApps). This innovative service significantly broadens the utility of Pangolin, transforming it into a versatile tool that benefits the expansive blockchain ecosystem as a whole.
The PNG token boasts a capped supply of 230 million, with a substantial allocation dedicated to incentivizing liquidity providers. This carefully crafted incentive structure is designed to foster deep liquidity on the platform, thereby facilitating faster and more cost-effective trades. Furthermore, PNG token holders can stake their tokens to receive a proportion of the trading fees generated by the platform, thereby unlocking an additional revenue stream without exposing themselves to the risk of impermanent loss.
At the helm of Pangolin stands a multidisciplinary team of seasoned professionals, boasting a rich tapestry of expertise in finance, blockchain development, and beyond. United in their pursuit of excellence, they strive to craft a premier decentralized trading platform, distinguished by a seamless and efficient trading experience, reinforced by a robust community governance model.
For those eager to participate in the Pangolin ecosystem, PNG tokens can be seamlessly acquired directly on the Pangolin exchange or through a diverse array of centralized exchanges, thereby ensuring unfettered accessibility for a broad spectrum of users seeking to engage with the platform for trading, governance, or liquidity provision purposes.
What pivotal milestones have marked Pangolin’s journey?
Pangolin has navigated a series of pivotal milestones that have defined its trajectory in the decentralized finance (DeFi) landscape. Notably, it made its inaugural foray by introducing a decentralized exchange (DEX) that seamlessly integrates both Avalanche and Ethereum assets, thereby establishing a vital bridge for liquidity and trading between these two preeminent blockchain ecosystems. This breakthrough development has been instrumental in fostering interoperability and providing users with an expanded array of assets for trading purposes.
Notably, Pangolin has further augmented its infrastructure by introducing a user-centric frontend for seamless access to its decentralized exchange (DEX). This strategic move is designed to elevate user experience, providing an intuitive interface that streamlines the process of trading, liquidity provision, and other DeFi activities on the platform, thereby fostering a more inclusive and accessible environment.
To optimize the trading experience and facilitate the organization of assets on the exchange, Pangolin has introduced token lists. These curated lists enable users to effortlessly discover and trade their preferred tokens, thereby fostering a more efficient and streamlined trading environment.
Recognizing the paramount importance of a thriving ecosystem for its users, Pangolin has also concentrated on crafting a suite of tools that foster a robust and dynamic environment. These innovative tools encompass a range of functionalities, including yield farming, liquidity pool management, and portfolio tracking, all of which are indispensable for seamlessly interacting with DeFi protocols.
The platform has also benefited from community-driven development, with numerous forks of the Pangolin exchange contracts and interface emerging on GitHub. This open-source approach fosters a spirit of collaboration and innovation, empowering developers to contribute to the platform’s growth and tailor its solutions to cater to diverse requirements.
Pangolin’s dedication to community-centric governance is exemplified through its native governance token, PNG. By adopting a pioneering model that allocates 100% of its tokens directly to the community, Pangolin effectively empowers its users to exert influence over the platform’s developmental trajectory and strategic direction. The multifaceted PNG token not only facilitates participatory governance but also incentivizes liquidity providers and rewards users through staking mechanisms, thereby fostering a dynamic ecosystem.
It is essential for individuals interested in venturing into the DeFi landscape to undertake exhaustive research and grasp the inherent risks. While Pangolin provides a diverse array of tools and opportunities for users, it is imperative to approach investments and participation in DeFi with prudence and informed decision-making.