Pangolin Newsletter #16 - September 25, 2021
BitMart Listing
Pangolin (PNG) was listed on BitMart Exchange. BitMart is one of the top cryptocurrency exchanges on the world, and it has $1-2B daily trading volume. To celebrate the listing, BitMart is giving away 6,000 PNG. Pangolin is planning to get listed on more exchanges.
PNG Staking
Over 9M PNG have been deposited into staking earning over 90% APR
PNG Rewards
Reward Adjustments
A new Snapshot proposal proposes to allow the team to adjust the farm multipliers without having to create new Snapshot proposals everytime an adjustment is needed. This would allow Pangolin to stay competitive and reactive in attracting TVL. The voting ends in September 25, 2021.
New Farms
AVAX pairs of IronICE, WOW, CNR, CYCLE, ICE, and mYAK now receive PNG rewards.
StableCoin APRs
Currently most stable coin farms on Pangolin receive more than 100% total APR!
UI Updates
Full-featured Charting
Last week, TradingView charting was integrated to token pages. Now, the team is working to integrate advanced charting to all pair pages, which will enable using charting tools when viewing the relative prices of tokens in a pair.
Governance
Improvements to PNG Tokenomics
Discussion on major changes to Pangolin's tokenomics is still continuing. Join our governance forum to share your opinions!
Other
Pangolin Academy
Pangolin team is working on sister projects to its DEX. Pangolin academy is one of those projects. It is a permissionless dApp that will allow DeFi projects on Avalanche to submit tasks for users to complete and be rewarded with tokens.
Product Hunt
Upvote Pangolin DEX on Product Hunt!
About Pangolin Exchange
Pangolin Exchange is a community-driven decentralized exchange (DEX) with fast-settlement, low fees, fair token distribution, and a democratic process. Built on the Avalanche Network. Pangolin brings you the best trading opportunities to find and maximize your yield.
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