Trending Coins and Tokens🔥
Crypto
Exchange
Market Data & Token Stats
| Fully Diluted Valuation | $12.29M |
|---|---|
| 24H Trading Volume | $479,230 |
| 24H Low / High | $0.02254 / $0.02292 |
| Circulating Supply | 233.78M |
| Total Supply | 538.00M |
| Max Supply | 538.00M |
Market Health Signals
| Vol / MC Ratio | 8.98% Fair |
|---|---|
| Circulating Ratio | 43.45% Fair |
Key Project Information
| Categories | Decentralized Exchange (DEX) 4 more |
|---|---|
| Founder | Shashank Ayyar 1 more |
| Website | pangolin.exchange |
| Socials | |
| Chains | Avalanche Ecosystem |
| Explorer | Snowtrace 3 more |
| Contracts |
0x607....ca982
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OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Pangolin (png) Expert User Reviews
Is Pangolin safe or a scam? Read verified Crypto OG reviews about Pangolin
$png Markets
| Name | Pair | OG Score |
|---|
About Pangolin
Pangolin, a decentralized cryptocurrency exchange (DEX) operating on the Avalanche Network, has rapidly emerged as a prominent player in the decentralized finance (DeFi) space since its launch in February 2021. Built on the Avalanche blockchain, Pangolin functions as an automated market maker (AMM) similar to Uniswap, offering fast and cost-effective transactions.
The platform's native cryptocurrency, PNG, serves as a governance token, exemplifying Pangolin's commitment to community-driven development. Unlike many projects, PNG boasts a 100% community-focused token distribution model, ensuring that all tokens are directly distributed to the community without allocations to advisors, investors, or insiders.
With a capped supply of 230 million tokens, PNG holders play a crucial role in governing the platform. They have the power to vote on proposals and provide liquidity in Pangolin's pools, actively participating in the evolution of the project. A significant portion of PNG tokens, specifically 83%, is dedicated to incentivizing Liquidity Providers on Pangolin. These incentives are emitted daily until October 2024.
Staking PNG tokens on Pangolin allows holders to receive a share of protocol revenues. The platform employs a mechanism involving regular token buybacks, where 0.0425% of all trades are paid to the PNG staking pool. This innovative approach enables stakers to earn Annual Percentage Rate (APR) on their PNG without facing impermanent loss.
Pangolin distinguishes itself through its multichain approach, offering a seamless experience for traders and projects alike. The platform facilitates easy swaps, provides deep liquidity and offers advanced tools such as token swaps, liquidity pools, yield farming, portfolio tracking, watchlists and in-app news. Notably, Pangolin serves as a Digital Asset Gateway, supporting various use cases in the DeFi ecosystem.
In its inaugural year, Pangolin facilitated over $15 billion in trading volume, a testament to its success and growing user base. The platform is backed by a diverse team of experts spanning finance, economics, business, marketing, blockchain development, software development, design and community building. This dedicated team is committed to building Pangolin into the world's leading decentralized trading platform and multi-chain hub.
Pangolin's journey extends beyond the Avalanche Network, with plans for deployments on various networks, including Hedera Network, Flare Network, EVMOS and Near Protocol. As it continues to evolve, Pangolin stands as a versatile and community-centric platform, shaping the future of decentralized finance.
What is unique about Pangolin (PNG)?
Pangolin stands out with its 100% community-focused token distribution model, ensuring all PNG tokens are directly distributed to the community, empowering users to actively participate in governance and decision-making. Its innovative staking mechanism allows PNG holders to earn APR without impermanent loss.
Who are the founders of Pangolin (PNG)?
Pangolin was initially designed by Ava Labs and is now led by a team of community-hired developers. The project is backed by a diverse group of experts in finance, economics, business, marketing, blockchain development, software development, design and community building.
Who are the backers/investors of Pangolin (PNG)?
Pangolin is supported by a committed team of experts across various domains, driving the platform's development and success.
Where can I buy Pangolin (PNG)?
You can buy Pangolin (PNG) on Coinbase, Gate.io, MEXC, CoinW, BitMart cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the Pangolin Official Website and Pangolin X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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