Pangolin Newsletter #4 - June 29

Jun 29, 2021

A weekly series detailing what's been going on in the world of Pangolin.

“Pangalore Grove” by Eitsky

New Logo Design

As part of our complete overhaul of Pangolin DEX’s UX design and branding scheme, we have been working hard on a logo redesign - you can gain some insight into the process our article about Pangolin’s design process. We feel that repositioning the brand is a crucial part of establishing Pangolin as a premier DEX in DeFi.

Telegram Poll

Our Telegram poll showed that the community prefers keeping an Orange color scheme with 72% of almost 300 votes.

Avatar Bots

We have created a Telegram bot and Discord bot with which you can create a personalized, semi-randomly generated Pangolin avatar. You can use this as your profile photo, or just post it for fun.

Governance Proposal #6 Passes

On June 28th, the proposal to make the Pangolin Multisig responsible for incentive changes was unanimously passed with 126,897 votes. A big thank you to all who voted - the proposal will be executed on Monday July 5th, 2021.

Pangolin ranked with the best spread for AVAX/USDT

Pangolin has been rated as the best DEX for AVAX/USDT in a recent article on Avalanche Today, with just 0.63% spread. This is mainly due to having the most liquidity, which plays a large part in the width of spreads.

Multi-sig Signer Update

JD Gagnon has replaced Xavier as one of the signers of our 6 of 9 Pangolin multi-sig wallet, after Xavier requested to step down from duties. JD is one of the founders of the BenQi project and brings with him a wealth of experience in DeFi and building on Avalanche.

Check out our post in the Pangolin Governance Forum to ask questions and raise any concerns you might have.

Localization Event Ends

We received twelve submissions for our localization event in four languages from our great community. We will be reviewing these submissions and integrating them into our app.

Ecosystem

Penguin Launchpad Release

Penguin Finance (PeFi) have released their Penguin Launchpad on Avalanche. The platform is based on xPEFI, the highest single asset staking APY on Avalanche and the token that represents staked $PEFI. The first token released in the launchpad will be the $SHERPA token from Sherpa.cash

Follow this guide to swap for $PEFI on Pangolin.

Avalaunch listed on Gate.io

Avalaunch’s $XAVA token joins Pangolin’s $PNG token as the first two native Avalanche tokens supported on the Gate.io exchange. You can deposit and withdraw assets to Gate.io directly on the Avalanche C-Chain.

TradingView for Avalanche DEXs

TradingView now has support for Avalanche DEXs: by using ChartEx’s public beta, ChartEx Metamorphosis. Avalanche Today author Truemiller has posted a handy tip on how to utilize the tool.

Pangolin Weekly Community AMA

Previous AMA - Beefy Finance

Our last AMA was with Beefy Finance head of communications Moon Cow and the Pangolin Team from June 23 has been posted on YouTube, or you can access the link and a written transcript of the questions selected in the Telegram AMA channel.

Next AMA - Penguin Finance

Our next AMA will be with FrostByte from the Penguin Finance team on Wednesday June 30th at 8pm UTC. Join us in the the Pangolin AMA channel on Telegram.

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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