Pangolin price

PNG

#549

PNG is capped at a supply of 230 million tokens. 83% of tokens,are dedicated to incentivizing Liquidity Providers on Pangolin.These are emitted to providers everyday until emissions end in Oct 2024.

PNG token holders may stake their PNG and receive a share of protocol revenues. 0.0425% of all trades are paid to the PNG staking pool through regular token buybacks. This allows stakers to earn APR on their PNG with no impermanent loss.

The Pangolin team is made up of experts in the fields of finance, economics, business, marketing, blockchain development, software development, design, and community building that are committed to building the world's leading decentralized trading platform and multi-chain hub.

You can read more abou them in the Pangolin Docs.

Pangolin operates as a decentralized exchange (DEX) that primarily facilitates the trading of cryptocurrencies on the Avalanche Network. It distinguishes itself by offering a multichain trading experience, extending its services to Ethereum assets as well. This platform is designed with a focus on community involvement, ensuring that its development and governance are driven by its users.

The exchange is equipped with a variety of tools aimed at enhancing the trading experience. These include functionalities for token swaps, liquidity pools, and yield farming, which are essential for users looking to maximize their trading strategies. Additionally, Pangolin provides features for portfolio tracking, creating watchlists, and accessing in-app news, catering to the diverse needs of its user base. Advanced trading options like 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), allowing projects to seamlessly integrate its DEX widget into their decentralized applications (dApps).

At the heart of Pangolin's ecosystem is the PNG token, which serves as the native governance token. This token empowers the community to have a say in the platform's development directions. Remarkably, the distribution of PNG tokens is entirely community-focused, with no portion allocated to advisors, investors, or insiders. The total supply of PNG tokens is capped, with a significant portion reserved for rewarding liquidity providers. These rewards are distributed daily until a specified date, incentivizing participation in the platform's liquidity pools.

PNG token holders have the opportunity to stake their tokens and earn a share of the protocol's revenues. This staking mechanism involves regular token buybacks, providing stakers with an annual percentage rate (APR) return on their PNG without the risk of impermanent loss.

The team behind Pangolin comprises individuals with expertise across various domains, including finance, economics, business, marketing, blockchain development, software development, design, and community building. Their collective goal is to position Pangolin as a leading decentralized trading platform and a central hub for multi-chain interactions.

For those interested in acquiring PNG tokens, they are available on Pangolin's own exchange and a selection of other trading platforms. This accessibility ensures that a wide audience can participate in Pangolin's ecosystem and contribute to its growth and success.

In summary, Pangolin stands out as a comprehensive and user-centric decentralized exchange, offering a wide range of features and tools designed to meet the needs of modern traders and liquidity providers. Its commitment to community governance and the continuous development of its platform underscores its potential to significantly impact the decentralized finance (DeFi) landscape.

Pangolin, a decentralized cryptocurrency exchange on the Avalanche Network, prioritizes security through a multifaceted approach. It leverages the robust security features of the Avalanche blockchain, which is known for its high throughput and low latency, providing a solid foundation for secure transactions. The platform employs a non-custodial wallet system, ensuring that users maintain control over their private keys and, consequently, their assets. This approach minimizes the risk of asset theft from centralized points of failure, a common vulnerability in centralized exchanges.

In addition to these measures, Pangolin implements various security protocols to safeguard against illegal activities and exploitation. The use of hardware wallets, such as Ledger, is supported for enhanced security, allowing users to store their assets in a physical device that is not directly connected to the internet, further reducing the risk of hacking and unauthorized access.

Pangolin's commitment to security is also evident in its governance token, PNG, which is distributed entirely to the community, fostering a decentralized and user-driven development process. This model encourages active participation and oversight from the community, contributing to the platform's security and integrity.

The platform offers a range of tools and features designed to enhance the trading experience while maintaining security, including token swaps, liquidity pools, yield farming, portfolio tracking, and more. These tools are complemented by innovative offerings like limit orders on all pairs and DEX-as-a-Service (DAAS), allowing for seamless integration into decentralized applications (dApps).

Pangolin's approach to security is comprehensive, combining the inherent benefits of blockchain technology with additional measures to protect users and their assets. By prioritizing user control, leveraging advanced blockchain features, and fostering a community-driven ecosystem, Pangolin aims to provide a secure and efficient trading environment for its users.

Pangolin serves as a decentralized exchange (DEX) operating on the Avalanche Network, designed to facilitate the trading of Avalanche and Ethereum assets. It emphasizes a community-driven approach, ensuring that users have a say in the platform's development and governance through the use of its native governance token, PNG. This token plays a crucial role in the ecosystem, allowing holders to participate in decision-making processes and benefit from a share of the protocol's revenues.

The platform offers a range of features aimed at enhancing the trading experience. These include token swaps, liquidity pools, and yield farming opportunities, which are essential for traders looking to maximize their potential returns. Additionally, Pangolin provides tools for portfolio tracking and watchlists, alongside in-app news to keep users informed. A notable feature is the introduction of limit orders on all pairs, allowing for more strategic trading decisions.

For projects looking to integrate decentralized trading capabilities, Pangolin offers DEX-as-a-Service (DAAS), enabling direct integration of its DEX widget into decentralized applications (dApps). This service expands the utility of Pangolin beyond just a trading platform, making it a valuable tool for the broader blockchain ecosystem.

The PNG token itself has a capped supply of 230 million, with a significant portion dedicated to incentivizing liquidity providers. This incentive structure is designed to ensure deep liquidity on the platform, making trades faster and more cost-effective. PNG token holders can stake their tokens to receive a portion of the trading fees generated by the platform, offering an additional revenue stream without the risk of impermanent loss.

Behind Pangolin is a team of professionals with diverse expertise in finance, blockchain development, and more, committed to creating a leading decentralized trading platform. Their collective efforts focus on providing a seamless and efficient trading experience, underpinned by a strong community governance model.

For those interested in participating in the Pangolin ecosystem, PNG tokens can be acquired directly on the Pangolin exchange or through various centralized exchanges. This accessibility ensures that a wide range of users can engage with the platform, whether for trading, governance, or liquidity provision.

Pangolin has experienced several significant milestones that have shaped its journey in the decentralized finance (DeFi) space. Initially, it marked its entry by launching a decentralized exchange (DEX) that supports both Avalanche and Ethereum assets, providing a bridge for liquidity and trading between these two prominent blockchain ecosystems. This development was crucial in enhancing interoperability and offering users a wider range of assets for trading.

Further advancing its infrastructure, Pangolin developed a user-friendly frontend for accessing its DEX. This move was aimed at improving user experience by providing an intuitive interface that simplifies the process of trading, liquidity provision, and other DeFi activities on the platform.

To streamline the trading process and enhance the organization of assets on the exchange, Pangolin introduced tokenlists. These lists help users easily find and trade their desired tokens, contributing to a more efficient trading environment.

Recognizing the importance of a robust ecosystem for its users, Pangolin also focused on developing tools that support the broader Pangolin ecosystem. These tools include functionalities such as yield farming, liquidity pool management, portfolio tracking, and more, which are essential for engaging with DeFi protocols effectively.

The platform has also seen community-driven development, with several forks of the Pangolin exchange contracts and interface on GitHub. This open-source approach encourages collaboration and innovation, allowing developers to contribute to the platform's growth and adapt its solutions to meet diverse needs.

Pangolin's commitment to community governance is evident through its native governance token, PNG. With a model that distributes 100% of its tokens directly to the community, Pangolin empowers its users to have a say in the platform's development and direction. The PNG token not only facilitates governance but also incentivizes liquidity providers and rewards users through staking mechanisms.

It's important for anyone interested in participating in the DeFi space to conduct thorough research and understand the risks involved. While Pangolin offers a range of tools and opportunities for users, it's crucial to approach investments and participation in DeFi with caution and informed decision-making.