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Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: owned1337 on February 10, 2021, 10:20:59 PM



Title: Pangolin
Post by: owned1337 on February 10, 2021, 10:20:59 PM
Pangolin is a decentralized exchange (DEX) which runs on Avalanche, uses the same automated market-making (AMM) model as Uniswap, features a native governance token called PNG that is fully community distributed and is capable of trading all tokens issued on Ethereum and Avalanche. In a crowded marketplace with multiple contenders, Pangolin offers three critically important benefits: fast and cheap trades, community-driven development, and a fair and open token distribution.

First, Pangolin can finalize trades quickly and cheaply. Since Pangolin is built on Avalanche, it enables users to swap assets while enjoying sub-second transaction finality and transaction fees as low as a few cents. Oftentimes, trades on Pangolin will feel as fast as trades on centralized exchanges. Second, beyond the significant performance upgrades to the technical status quo, Pangolin is community-driven. The native governance token, PNG, enables the community to drive the development of the product in full. Third, but not least, Pangolin features a 100% community-focused token distribution model, meaning that all tokens are distributed directly to the community, without any allocations to team, advisors, investors, or insiders.

Users of existing AMMs, such as Uniswap and Sushiswap, are already familiar with their mechanism of action. Therefore, the rest of this post does not discuss how Pangolin achieves its trading capabilities. Instead, we discuss the PNG token in more detail, including its distribution mechanism and governance rules.


Title: Re: Pangolin
Post by: republicrypto on February 10, 2021, 10:29:32 PM
so, this is a dex that created on avalanche
but, i think will be better if you add some link to your thread about pangolin mate, so people can learn about this project not just from your thread buddy
regards


Title: Re: Pangolin
Post by: Iyeman on February 10, 2021, 11:19:55 PM
I just wanna know whether all of the features that already used on uniswap and sushi will be copied by the one? It sounds like pangoline was a combination of uniswap and sushiwap. It's almost similar with the new defi that being introduced in the market. It sounds good but it can be only used by avax asset.

Im looking forward to the result from pangolin progress. Will PNG be fully distributed as airdrop to the its users?


Title: Re: Pangolin
Post by: BayAreaCoins on November 05, 2021, 03:48:32 AM
We use Pangolin for our FreeBitcoins (FREE) token (https://info.pangolin.exchange/#/token/0xca7730d239f9fca6d9683b0a62ed1a6c660d7cba) on the Avalanche network... so far so good.

Sometimes the site runs a bit slow, but otherwise it's not to shabby and affordable.