Pangolin Newsletter #5 - July 6

A weekly series about the world of Pangolin.

Jul 06, 2021

Coin98 Mobile Wallet Integration

Coin98 Wallet - a leading multi-chain wallet and DeFi gateway - has integrated Pangolin natively into their Mobile Wallet version X, allowing you to swap Pangolin assets there directly! Read the full article here

Twitter Poll

Pangolin won a Coin98 Wallet Twitter poll about favorite AMMs, leading over PancakeSwap, UniSwap, and QuickSwap

Poolz Partnership Announced

Poolz, a cross-chain IDO platform, has partnered with Pangolin exchange to expand its platform on to the Avalanche network.

Read more in the official medium article

Snapshot Proposal Guidelines

Snapshot proposal guidelines for PNG rewarded pairs have been posted in the governance forum. Proposals require a minimum of 50k PNG to propose, and 1M PNG votes to pass quorum. Read the full guidelines in the governance forum

The updated guidelines received positive feedback in a recent Telegram Poll

Updates on Audits, Treasury Yield, and CEX listings

Audits & Treasury Yield

A thread titled “How to not get Rekt” was posted by Hari Seldon (Justin Trollip) about security considerations in Pangolin V2 and how to fund an audit. In summary, we will need a robust audit from a top firm. The strategy for funding an audit is to take 1M PNG from the treasury, deposit into other apps such as BenQi for yield, and use the returns to fund the audit.

Most of the community agrees that we should invest the treasury for yield.

CEX Listings

The latest update on CEX listings is that Pangolin needs to establish a formal legal entity to meet the qualifications of many top exchanges. More details are posted in this thread on the governance forum.

Ecosystem

Pangolin DEX Vaults Released on Beefy

Six @pangolindex vaults have been released on the Beefy yield optimizing platform: namely: DAI, WBTC, UNI, ETH, SUSHI, and LINK pairs. You can join any of these vaults now!

HODL & Earn on Gate.io

Gate.io is offering a HODL & Earn on $PNG from July 4 to July 11 at 08:00 UTC, with an opportunity to lock your $PNG at 100% APR with no handling fee.

You can find out more info here, or purchase locked PNG online. Gate.io app users can tap the "HODL & Earn" icon on the Market screen to make purchases.

Avalanche highlights from Q2 2021

@demirelo, an advisor for @snowballdefi, @sherpa_cash, has posted an extremely detailed recap of $AVAX and #DeFi highlights from Q2 2021. This recap includes a number of milestones from Pangolin and the rapid growth of @avalancheavax. Check out his report in this series of tweets.

Pangolin Weekly Community AMA

Last week

Watch our AMA with @penguin_defi from June 30 on YouTube. If you haven’t already done so, be sure to join the Pangolin AMA channel to keep abreast of future AMAs and general discussions regarding the Pangolin DEX!

This week

We’re delighted to welcome the @snowballdefi team as guests for our next AMA on Wednesday, July 7 at 1pm PT / 4pm ET / 8pm UTC, and we hope to see you there!

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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