Pangea Swap

What Is Pangea Swap?

Pangea Swap is the first DEX on Klaytn to feature concentrated liquidity.

Existing Klaytn DEXs were mostly simple CPAMM DEXs. This prevented the efficient use of DEX liquidity, thereby not providing higher returns for the liquidity providers.

Pangea Swap is the first DEX on Klaytn to introduce a concentrated liquidity feature where LPs provide liquidity while specifying the price ranges. Concentrated liquidity improves capital efficiency significantly and more DEX liquidity is used for swaps. Liquidity providers can enjoy higher yields, and traders can trade in volume with smaller price impact.

After 2 months from launching, Pangea Swap achieved $10M in TVL and No.1 in 24H trading volume in Klaytn network.

Where Can I Buy Pangea Swap Governance Token(STONE)?

Pangea Swap launched without governance token.

1. If a governance token is released when it is not possible to value the Pangea Swap, it is difficult for uninformed token buyers to decide whether to invest the token. Token investors should be able to determine whether the Pangea Swap is creating the intrinsic value of the DEX and “Concentrated Liquidity”. Therefore, the Pangea Swap should have time to prove that it offers any real value.

2. The governance token should be released when it can function as a token that can exercise voting rights. When the grace periods provide the community enough time to familiarize the Pangea Swap and the protocol has a governance development environment, governance system will be introduced with starting token distribution. (’23. 1Q)

Learn more about Pangea Swap

• Docs : https://docs.pangeaswap.com/v/en/
• Discord : https://discord.com/invite/3Hp7Kzxy7K
• Twitter : https://twitter.com/Pangea_Swap
• Telegram(KR) : https://t.me/pangea_swap