Pangolin is proud to announce a formal partnership with Axelar. Axelar is a decentralized interoperability network that connects blockchain ecosystems, applications and users. The partnership will enable Pangolin to access assets from major layer-1 blockchains such as the Cosmos Hub, Terra, Bitcoin, and more.
Pangolin is excited to support the assets that Axelar can bring to Avalanche, and will be looking to add integrations with Axelar’s protocol and bridging capabilities. Axelar’s protocol will enable Pangolin to support deep liquidity pools for new trading pairs like Cosmos’ native cryptocurrency ATOM and TerraUSD (UST), a stablecoin built on the Terra blockchain. With this integration, Pangolin will be bootstrapping the use of these assets in Avalanche’s fast-growing decentralized finance (DeFi) ecosystem.
We are looking forward to partnering with Pangolin to broaden and enhance the variety of assets and trading options available on the platform. As a democratic platform that has showcased remarkably fast settlements, Pangolin is a fantastic place for Axelar to expand its interoperability mission with decentralized exchanges. Avalanche offers both a strong network and community and we are excited for Pangolin to join the Axelar ecosystem.” — Sergey Gorbunov, Co-Founder and CEO of Axelar
About Axelar
Axelar is building a decentralized network and tools that connect users, assets, and dApp across multiple blockchain ecosystems. The network empowers developers to build on the best platform for their needs while leveraging the Axelar stack to unlock cross-chain composability and liquidity. Axelar Network consists of a protocol suite, tools, and APIs, designed to break down the barriers to cross-chain communication. Powered by a decentralized open network of validators, anyone can join the network, use it and build on it. The Axelar Network provides a uniform solution to cross-chain communication, allowing dApps to integrate with the full blockchain ecosystem. Developed by the founding team members of Algorand, Axelar’s co-founders are award-winning graduates of MIT, where they received notable recognition as part of their graduate studies.
