Pangolin

Pangolin (PNG) is the native token of the Pangolin decentralized exchange (DEX), built on the Avalanche Network. The project was initially developed by AVA Labs before being handed over to the community, making it the first community-driven Automated Market Maker (AMM) on the Avalanche chain.

The Pangolin crypto project is known for its community-focused approach, with a 100% community-driven token distribution model. This means that all tokens are distributed directly to the community, without allocation to traders, advisors, insiders, or team members. The project also offers various yield-bearing features, including liquidity provision, farming, staking, and setting limit orders.

The token supply was initially capped at 538 million but was later reduced to 230 million in 2021. The majority of the tokens (65.3%) are dedicated to liquidity rewards, with the remaining portion released into circulation.

Pangolin has experienced several significant milestones, including the launch of a decentralized exchange that supports both Avalanche and Ethereum assets, enhancing interoperability and offering users a wider range of assets for trading. The platform has also developed a user-friendly frontend, introduced token lists, and focused on community-driven development through open-source tools on GitHub.

The PNG token plays a crucial role in governance, allowing holders to vote on various decisions. Additionally, PNG tokens can be used to earn rewards from various pools by staking and farming.

Pangolin (PNG) is a decentralized exchange (DEX) that operates on the Avalanche network. It employs an automated market-making (AMM) model, similar to Uniswap V2, which allows users to trade tokens directly without the need for a centralized exchange. Here's an overview of how it works:

• Token Swaps: Users can trade any token on the Avalanche network for another token.
• Liquidity Pools & Farms: Users can provide liquidity to pools to earn swap fees proportional to their share of the pool and earn additional reward tokens by providing liquidity to farms.
• Single-Sided Liquidity Provision: Users can deposit tokens into single-sided pools to earn reward tokens.
• Governance: The PNG token is used for governance, allowing holders to vote on proposals that determine the direction of the protocol.
• Analytics: Users can access insights about tokens, pools, exchange volume, and total value locked (TVL) to track their portfolios.

• Governance Token: PNG is used for participating in governance by voting on proposals.
• No Monetary Backing: PNG's value lies in determining the protocol's direction, not in any monetary value.
• Use Cases: PNG holders can vote on governance proposals, stake their tokens, and provide liquidity in Pangolin's pools.

• Transaction Fee: A 0.3% transaction fee is charged for every swap made on a particular Pangolin pool. This fee is shared among liquidity providers, the PNG staking pool, and Pangolin DAO's treasury.
• Fee Distribution: The fee is distributed as follows: 0.25% to liquidity providers, 0.0425% to the PNG staking pool, and 0.0075% to Pangolin DAO's treasury.

• Multi-Chain Approach: Pangolin aims to be chain-agnostic, with a native token on each chain, enabling chain-specific governance and emissions.
• Partnerships: Pangolin partners with local projects to embed itself in different chains, creating synergy among different Pangolin franchises.

• Smart Contract Risk: Although Pangolin's contracts have been audited, there is always a risk associated with smart contracts in DeFi.

• Compatible Wallets: Pangolin supports MetaMask and compatible devices like Ledger, the Coinbase Wallet, Wallet Connect, and more.

• Initial Development: The initial development work was done by AvaLabs.
• Community-Driven: Pangolin is a community-driven project with governance decisions made through proposals voted on by PNG holders.

• Future Development: Pangolin's roadmap outlines future development plans and can be accessed through their documentation.

Overall, Pangolin (PNG) is a decentralized exchange that offers a range of features for users, including token swaps, liquidity pools, and governance, all built on the Avalanche network.

The token Pangolin (PNG) has several strengths that contribute to its value and utility within the Pangolin ecosystem:

1. Governance Token: PNG is a governance token, allowing holders to participate in voting on proposals that shape the direction of the protocol. This gives users a direct say in the development and growth of Pangolin.

2. Decentralized Exchange: Pangolin is a decentralized exchange (DEX) built on the Avalanche network, utilizing an automated market-making (AMM) model similar to Uniswap V2. This allows for permissionless and decentralized trading of Avalanche-based assets.

3. Multi-Chain Strategy: Pangolin aims to be chain-agnostic, with plans to expand to other blockchains. This multi-chain approach enables Pangolin to adapt to different blockchain environments and leverage their strengths, enhancing its overall functionality and reach.

4. Tokenomics: Pangolin has undergone tokenomics improvements, transitioning from a 28-year emissions schedule to a 4-year schedule, reducing the maximum token supply from 538 million to 230 million. This change helps maintain a more controlled token supply and distribution.

5. Liquidity and Farming: Pangolin offers liquidity pools and farms where users can provide liquidity to earn swap fees and additional reward tokens. This incentivizes users to contribute to the liquidity of the platform, enhancing its overall trading experience.

6. Analytics and Insights: Pangolin provides users with detailed analytics and insights about tokens, pools, and the exchange's volume, helping users make more informed trading decisions.

These strengths collectively contribute to Pangolin's value proposition and the utility of the PNG token within the ecosystem.

Pangolin (PNG) is a decentralized exchange (DEX) that operates on the Avalanche network. It features a native utility token called PNG, which is used for trading cryptocurrencies. Pangolin was launched in February 2021 with the aim of providing a fast, secure, and efficient platform for trading cryptocurrencies.

Pangolin, like other cryptocurrencies, carries significant financial risks. These risks are primarily due to the high volatility of the crypto market and the potential for manipulation by limited trading activity.

• Risk Analysis: Pangolin has been given a high risk score by InvestorsObserver due to its price volatility over the past 24 hours in relation to volume changes. This score indicates that the token can be easily manipulated by limited trading activity, making it a high-risk investment.
• Market Capitalization: Pangolin's market capitalization is relatively low, which can make it more susceptible to price fluctuations and manipulation.
• Price History: Pangolin's price has experienced significant drops in the past, such as in May 2022 when it fell to an all-time low of $0.02964 following the collapse of the LUNA cryptocurrency and the cancellation of withdrawals on the Celsius crypto lending platform.
• Regulatory Changes: Regulatory changes in major economies can impact the PNG price, adding to the uncertainty and risk associated with investing in Pangolin.
• Technical Analysis: Pangolin's price predictions are influenced by technical indicators such as moving averages, relative strength index (RSI), and Bollinger Bands, which can indicate overbought or oversold conditions in the market.

Overall, investing in Pangolin involves a high level of risk due to the volatility of the crypto market and the potential for manipulation. It is essential for investors to conduct thorough research and consider their risk tolerance before making an investment in Pangolin.

• Project Manager: Justin Trollip, aka u/HariSeldon23.
• Community Manager: Leo Chen, aka u/Best_Coder_NA.
• Core Developer: Brandon, aka u/bmino_.
• Advisor - Community Admin (Telegram): Xavier, aka u/XavierAle.
• Advisor - Community Admin (Discord): Sabo, aka u/sabo.
• Advisor - Developer: Connor Daly, aka u/das_connor.