/
Pangea Swap is a decentralized exchange (DEX) on the Klaytn network, known for its Concentrated Liquidity feature. This function enhances trading volumes by effectively using liquidity, addressing the issue of 'lazy liquidity' in traditional CPMM DEXs. As a result of these innovations and its integration with various protocols like 1inch and XY Finance, Pangea Swap quickly achieved over $11 million in Total Value Locked (TVL) and $30 million in 24-hour trading volume.
The STONE token offers multiple advantages to Pangea Swap users. Token holders can engage in staking to earn STONE rewards as well as a share in revenue. Additionally, STONE holders can participate in governance decisions, influencing the direction of the platform. This makes holding STONE not only a revenue-generating opportunity but also allows users to become an integral part of the platform's growth and governance.
Pangea Swap distinguishes itself from other DEXs on the Klaytn network through its unique Concentrated Liquidity feature, which maximizes trading efficiency and volume. It achieved the highest trading volume on Klaytn within just two months of its launch. Its open-source nature enables integration with multiple protocols, enhancing its ecosystem considerably. These features contribute to its rapid growth and adoption, setting it apart from competitors.
Concentrated Liquidity is crucial for DEXs as it maximizes efficiency in trading by allowing liquidity providers to specify price ranges where they want to trade. This reduces 'lazy liquidity,' where funds are underutilized, leading to higher trading volumes and better liquidity for traders. Pangea Swap's implementation of this feature on the Klaytn network has significantly boosted its trading activities and positioned it as an industry leader.
Pangea Swap supports integration with numerous protocols to expand its functionality and ecosystem. Some of the key integrations include 1inch, Swapscanner, XY Finance, and ISKRA. These collaborations allow Pangea Swap to offer diverse and comprehensive services to its users, improving its usability and appeal in the decentralized finance (DeFi) space.
There are two primary ways to acquire STONE tokens on Pangea Swap. The first method is purchasing them directly on the Pangea Swap platform. Alternatively, users can earn STONE by providing liquidity to designated pools on the platform. These methods allow users to become active participants in the Pangea Swap ecosystem, benefiting from staking rewards and governance participation.
Pangea Swap enhances DeFi efficiency with innovative liquidity solutions.
Pangea Swap emerges as a transformative player in the decentralized finance ecosystem by introducing the Pangea Governance Token (STONE) as its core governance token. This decentralized exchange operates on the Klaytn blockchain, setting a precedent with the first-ever implementation of concentrated liquidity on this network. The innovation allows liquidity providers to optimize their capital deployment by choosing specific price ranges, thereby boosting capital efficiency over the constant product automated market makers (CPAMM) that traditionally dominate. Such an enhancement not only maximizes liquidity provider returns but also diminishes the trading price impact, improving the market's competitive stance. The mission of Pangea Swap to invigorate dormant liquidity resonates through its swift climb in trading volume and total value locked shortly after its introduction, marking it as a pioneer in the Klaytn DeFi landscape. The STONE token is central to this mission, offering governance utilities that permit holders to actively participate in decision-making processes while also being stakeable to earn rewards and share in platform revenues, integrating both financial and communi...
Pangea Swap emerges as a transformative player in the decentralized finance ecosystem by introducing the Pangea Governance Token (STONE) as its core governance token. This decentralized exchange operates on the Klaytn blockchain, setting a precedent with the first-ever implementation of concentrated liquidity on this network. The innovation allows liquidity providers to optimize their capital deployment by choosing specific price ranges, thereby boosting capital efficiency over the constant product automated market makers (CPAMM) that traditionally dominate. Such an enhancement not only maximizes liquidity provider returns but also diminishes the trading price impact, improving the market's competitive stance. The mission of Pangea Swap to invigorate dormant liquidity resonates through its swift climb in trading volume and total value locked shortly after its introduction, marking it as a pioneer in the Klaytn DeFi landscape. The STONE token is central to this mission, offering governance utilities that permit holders to actively participate in decision-making processes while also being stakeable to earn rewards and share in platform revenues, integrating both financial and community engagement incentives. Open-source from its core, Pangea Swap invites innovation by welcoming developers to create and expand upon its foundational protocols. Collaborations with DeFi protocols like 1inch Network and XY Finance further its ecosystem reach, ensuring a robust extension of services and interoperability in the DeFi sector. The evolution of its governance model, set to progressively enhance its functionality tethered to direct voting rights, lends credence to its strategic trajectory of establishing inherent value prior to fully engaging decentralized governance capacities. Thus, the Pangea Governance Token represents not merely a utility asset but a component central to the sustained, community-driven advancement of DeFi methodologies on Klaytn, addressing and rectifying the constraints of predecessor AMMs within its operational milieu.
