Furthermore, Glitter Finance is a brand-changing innovator that aims to bring everyday users into the world of cryptocurrency seamlessly. By providing user-friendly and streamlined architecture, Glitter aims to remove technical and psychological barriers that may prevent people from investing and participating in the crypto market.

How Does Glitter Finance Work?

As an interoperability solution, Glitter serves as a layer-zero for DeFi protocols across multiple blockchain networks. It connects disparate ecosystems and simplifies the usage and investment process across different blockchain networks.

Currently, Glitter has successfully bridged the Algorand and Solana blockchain networks bidirectionally with over 99% efficiency and is looking to expand its capabilities to other networks. By allowing for easy integration with supported smart contracts, protocols, decentralized exchanges (DEX), and wallets, Glitter enables liquidity movement across various blockchain networks.

In working with Penguin Finance, bonding for bridged assets will offer long-term supporters of the protocol the opportunity to use LPs to purchase tokens at a discount, helping to deepen liquidity while minimizing the risk of Impermanent Losses. This will help Glitter to gain more controllable liquidity while providing a bonding incentive system to supporters of the protocol.

About Glitter Finance

Glitter Finance is an interoperability solution that serves as a layer-zero for DeFi protocols across multiple blockchain networks. It thrives by linking disparate ecosystems and simplifying the usage and investment process across chains. Glitter bridge powers cross-chain transfer of assets between Non-EVM and EVM-supported networks bidirectionally, the first being the Algorand and Solana blockchain networks.

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About Penguin Finance

Penguin is a Liquidity-as-a-Service Platform that offers comprehensive treasury management solutions, including swap, bonding, and staking services. Protocols can utilize Penguin’s bonding service to acquire liquidity rather than renting. It can also help them to remain sustainable in the long run. By implementing token vesting, protocols can align their incentives and communities with their long-term goals, fostering long-term involvement instead of short-term participation.

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The first BridgeSwap integration will be with THORChain a settlement layer that allows for the exchange of 8 different chains (Bitcoin, Ethereum, Binance Chain, CosmosHub, Dogecoin, Litecoin, Bitcoin Cash, and now Avalanche). Bridgeswap Coming to Pangolin Soon

The THORChain integration will let users to convert AVAX to native BTC and vice versa via native asset liquidity and DEX aggregation.

Pangolin will integrate all its C-Chain pools into the THORChain DEX aggregator, opening a path for THORChain users to enter the Avalanche Ecosystem.

More Chains, More Tokens, More Options

The long-term goal is to enable BridgeSwap to handle cross-chain swaps on as many assets as possible. While THORChain opens the doors to 7 new chains, they integrate more partners over the coming months to expand its offerings.

BridgeSwap is currently in development. Stay updated on launch announcements.

About Pangolin Exchange

Pangolin is a multichain decentralized cryptocurrency exchange (DEX) on the Avalanche and Songbird Networks. Pangolin provides cutting-edge technologies, large liquidity, and smooth onboarding for projects and traders. Premier DEX on Avalanche & SongbirdNetwork Fast tx & low fees.

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SOURCE:

https://pangolindex.medium.com/bridgeswap-coming-soon-to-pangolin-fe23a23976f3

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The PangolinDex PNG Live On Coinbase. PNG support on Coinbase is the next step in their journey. They’re excited to bring new eyes to Pangolin and they can’t wait to deliver new, unique solutions to DeFi.

Pangolin launched as one of the first decentralized exchanges on Avalanche in Feb 2022. $PNG Pangolin’s governance token was distributed 100% to the community. 5% airdrop to users of Uniswap & SushiSwap 95% emitted as liquidity mining rewards over 28yr period.

They aim to build decentralized, permissionless tools that enable users and projects to compound their community, and they thoughtfully take the time building.

About Pangolin Exchange

Pangolin a multichain decentralized cryptocurrency exchange (DEX) on the Avalanche Network. Through advanced tooling, deep liquidity, and smooth onboarding, Pangolin offers easy swaps and a great experience for projects and traders alike.

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About Coinbase Wallet

Coinbase Wallet a self-custody wallet providing software services subject to Coinbase Wallet Terms of Service and Privacy Policy. Coinbase Wallet is distinct from Coinbase.com.  Private keys for Coinbase Wallet are stored directly by the user and not by Coinbase. Fees may apply. You do not need a Coinbase.com account to use Coinbase Wallet.

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