Pangolin A Premier DEX In Decentralized Finance

Published on: 22.06.2021

A roadmap is a visual representation of a step-by-step project development scenario. A roadmap includes the main events that should occur with the project within a certain period of time.

Pangolin is community-driven decentralized exchange for Avalanche and Ethereum assets with fast settlementlow transaction fees, and a democratic distribution–powered by Avalanche. Pangolin brings you the best trading opportunities to find and maximize your yield.

KEY COMPONENTS OF PANGOLIN SUCCESS

CEX LISTING—Listing on Centralized Exchanges has been a highly requested feature from the Pangolin Community. Listings are also aligned with our strategic vision of exposing the PNG token to as many users as possible. Centralized exchange listings gives higher benefits to $PNG such as bring additional price points, provide on and off ramps directly to the Avalanche C-Chain, and allow a wider range of users access to buy and sell $PNG.

STAKING—Single-sided staking of the $PNG token for yield is another highly requested feature. The goal is to give long term $PNG holders the option to stake their $PNG and earn yield through emissions or through fee sharing. The benefits of staking will be to encourage holding the PNG token for a longer duration of time, and to allow $PNG holders to gain yield on their investment.

UX RE-DESIGN—Pangolin are engaged with a talented UX design firm to overhaul the user experience, branding, and UI of the Pangolin front-end. The platform are also exploring the idea of a mobile app to further give Pangolin an additional competitive edge over other DEX competition.

REWARD PAIRS—$PNG rewards pairs incentivize the type of liquidity pairs that are pooled in the Pangolin app. Deep liquidity pools provide the necessary infrastructure to facilitate high swap volumes, robust token variety, and help with lending and borrowing platforms.

GOVERNANCE—An improved governance system will allow users more access to vote for changes they want to see, as well as allow the project team be more agile in proposing new changes.

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.

The roadmap for the remainder of 2021 will require continued engagement from the community, close collaboration with current and future partners, and gradually building out a strong core team to deliver on key features. This roadmap will establish Pangolin into a solid position in the DeFi landscape. After establishing a solid foundation with the current roadmap, we will look forward to even more exciting innovation in a V2 roadmap that will be revealed at a later date.

ABOUT Pangolin
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.

RESOURCES
Medium

Market Stats:
BTC Dominance: 57.33%(-0.08%/24h)
ETH Dominance: 12.14%(-0.01%/24h)
Defi Market Cap: $114.95B(-5.34%/24h)
Total Market Cap: $3308.57B(-1.28%/24h)
Total Trading Volume 24h: $152.01B(0.00%/24h)
ETH Market Cap: $401.27B
Defi to ETH Ratio: 28.65%
Defi Dominance: 3.33%
Altcoin Market Cap: $1411.85B
Altcoin Volume 24h: $99.3B
Total Cryptocurrencies: 32950
Active Cryptocurrencies: 10455
Active Market Pairs: 95080
Active Exchanges: 771
Total Exchanges: 9802
BTC: 95794.1$(-0.15%/1H)
ETH: 3336.71$(0.03%/1H)
AVAX: 36.91$(-0.16%/1H)
BNB: 671.7$(-0.16%/1H)
MATIC: 0.48$(-0.27%/1H)
FTM: 0.98$(0.4%/1H)
ADA: 0.9$(-0.18%/1H)
DOT: 6.98$(-0.01%/1H)
UNI: 13.83$(-1.14%/1H)
CAKE: 2.39$(-0.16%/1H)
SUSHI: 1.45$(-0.33%/1H)
ONE: 0.03$(1.33%/1H)