### What is Pangolin?

Pangolin (PNG) is a decentralized exchange (DEX) token developed on the Avalanche C-Chain. It is designed for governance, liquidity provision, and to facilitate efficient swaps between Avalanche and Ethereum assets. Pangolin's primary purpose is to offer a community-driven exchange platform with high-speed trading and low transaction costs, addressing challenges such as high transaction fees and limited asset compatibility on traditional exchanges.

### How does Pangolin work?

Pangolin operates as a DEX utilizing an Automated Market Maker (AMM) model, similar to Uniswap. It runs on the Avalanche C-Chain, leveraging its high-speed, low-cost transaction capabilities powered by the Avalanche Consensus, a type of Proof of Stake (PoS) mechanism. The platform employs smart contracts to manage its AMM and liquidity pools, allowing for streamlined token swaps and liquidity management.

### What are the potential use cases for Pangolin?

Pangolin's use cases include governance, where token holders participate in development decisions, liquidity provision through staking and farming opportunities, token swaps across the Avalanche and Ethereum networks, and analytics tools for tracking portfolios and market data. Additionally, it supports decentralized finance (DeFi) applications and offers integrations like DEX-as-a-Service (DAAS) for dApps.

### What is the history of Pangolin?

Pangolin was launched in 2021, initially developed by Ava Labs and later transitioned to community governance. The PNG token was distributed entirely to the community, with major updates including the reduction of its maximum supply and introduction of staking features. Pangolin has achieved significant milestones such as cross-chain compatibility and global visibility through listings on centralized exchanges. Its technology and market presence have evolved to support high-speed transactions and efficient trading environments on the Avalanche Network.

Pangolin

Uniswap

Aave

Rocket Pool ETH 

JUST

PancakeSwap

NEXO

Injective

Curve DAO

Pendle

Raydium

Sun Token

Lido DAO

Olympus

Syrup

Binance Wrapped BTC

Compound

Convex Finance

THORChain

1inch

Synthetix Network

Pangolin (PNG)

Similar Coins

UNI

AAVE

RETH

JST

CAKE

NEXO

INJ

CRV

PENDLE

RAY

SUN

LDO

OHM

SYRUP

BBTC

COMP

CVX

RUNE

1INCH

SNX

Resources

Pangolin (PNG) Price Index

Pangolin Price

Trading volume

Market cap

Resources