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Pangolin is a DEX on Avalanche & Songbird, offering swap, governance via PNG token, yield farming, high-speed, low-cost trades in a secure, non-custodial AMM platform.
Pangolin is a decentralized exchange (DEX) operating on the Avalanche and Songbird networks, known for its community-driven governance and efficient crypto swaps. As an Automated Market Maker (AMM), it features liquidity pools enabling users to trade directly from their wallets in a secure, non-custodial manner. It utilizes its native governance token, PNG, for protocol decisions, and offers yield farming for liquidity contributions. Pangolin aims to overcome Ethereum's scalability and cost issues with high-speed, low-cost transactions. Launched in 2021 on the Avalanche C-Chain, PNG has a circulating supply of over 218 million, with its price fluctuating between $0.127 and $0.347. Operating across 125 markets, it supports assets from Avalanche and Ethereum, and extends to networks like Hedera and Flare. Pangolin offers advanced tools, deep liquidity, and maximizes yield opportunities, establishing itself as a vital part of the DeFi ecosystem. Learn more at pangolin.exchange.
Pangolin is a decentralized exchange (DEX) operating on the Avalanche and Songbird networks, known for its community-driven governance and efficient crypto swaps. As an Automated Market Maker (AMM), it features liquidity pools enabling users to trade directly from their wallets in a secure, non-custodial manner. It utilizes its native governance token, PNG, for protocol decisions, and offers yield farming for liquidity contributions. Pangolin aims to overcome Ethereum's scalability and cost issues with high-speed, low-cost transactions. Launched in 2021 on the Avalanche C-Chain, PNG has a circulating supply of over 218 million, with its price fluctuating between $0.127 and $0.347. Operating across 125 markets, it supports assets from Avalanche and Ethereum, and extends to networks like Hedera and Flare. Pangolin offers advanced tools, deep liquidity, and maximizes yield opportunities, establishing itself as a vital part of the DeFi ecosystem. Learn more at pangolin.exchange.
Pangolin is a decentralized exchange (DEX) that operates on the Avalanche and Songbird networks. Its primary function is to allow users to swap cryptocurrencies without traditional intermediaries. As an Automated Market Maker (AMM), it provides liquidity pools for trading digital assets directly from users' wallets in a secure, permissionless, and non-custodial environment.
Pangolin enhances the trading experience by offering fast settlement and low transaction fees, leveraging the capabilities of the Avalanche and Songbird networks. This allows for high-speed and low-cost transactions compared to other DEXs, particularly those on the Ethereum network, addressing common issues such as scalability and high fees.
PNG is the native governance token of Pangolin, providing holders the ability to participate in protocol governance. Token holders can suggest and vote on proposals that influence the DEX's direction and development. Additionally, PNG holders can take advantage of yield farming opportunities by staking their tokens in liquidity pools to earn rewards.
Pangolin offers benefits over Ethereum-based DEXs by delivering high-speed transactions and lower fees through its operation on the Avalanche and Songbird networks. This reduces the scalability and cost issues often associated with Ethereum. As a multichain DEX, Pangolin also supports assets from Ethereum and Avalanche, providing diverse trading opportunities.
Common issues on Pangolin may include transaction delays and failed swaps. Users can resolve these by ensuring their wallets are appropriately set up for the Avalanche or Songbird networks, having sufficient gas to cover transaction fees, and double-checking smart contract interactions. Pangolin's community resources and support can provide additional assistance.
Pangolin is a key player in the DeFi space due to its comprehensive ecosystem, which facilitates trading, governance, and liquidity provision with advanced tooling and deep liquidity. Its community-driven approach, low cost, high-speed transactions, and diversified trading across Avalanche, Hedera, and Flare networks contribute to its prominence in decentralized finance.
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