Pangolin (PNG)
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About PNG
Pangolin (PNG) is the native governance and utility token of Pangolin Exchange, a multichain decentralized exchange (DEX) that provides fast, low-cost trading and liquidity provision across various blockchain ecosystems. Originally launched on Avalanche, Pangolin has expanded to support multiple chains, including Ethereum, Flare, Songbird, and Hedera, offering cross-chain swaps and deep liquidity integration. Pangolin features a user-friendly interface and powerful DeFi capabilities such as token swapping, liquidity pools, yield farming, and staking. The protocol utilizes automated market maker (AMM) mechanics, allowing users to trade assets permissionlessly while earning fees for supplying liquidity. The PNG token is central to the platform’s governance, enabling holders to vote on protocol upgrades, community proposals, and fee structures. It is also used to incentivize liquidity providers and reward participants across Pangolin’s yield-generating features. Pangolin continues to evolve with support for features like bridge integrations, multichain routing, and strategic partnerships, positioning it as a key DEX infrastructure for Layer 1 and Layer 2 ecosystems. By focusing on decentralization, composability, and cross-chain accessibility, Pangolin aims to make DeFi open and accessible for all users, from new traders to experienced yield farmers.
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Frequently Asked Questions about Pangolin
What is Pangolin Exchange?
Pangolin is a decentralized exchange (DEX) supporting multichain trading. It enables token swaps, liquidity provision, yield farming, and staking on networks like Avalanche, Ethereum, Flare, and Hedera.
Where can I buy Pangolin (PNG) tokens?
PNG tokens can be purchased directly on Pangolin Exchange and on other supported platforms such as Trader Joe or Uniswap. Supported centralized exchanges include Coinbase Exchange, MEXC, and Gate.io.
Where can I store Pangolin (PNG) tokens?
PNG is a token on the Avalanche network and can be stored in wallets compatible with the network, such as Bitcoin.com Wallet and MetaMask.
What is the PNG token used for?
PNG is used for governance, staking, liquidity mining incentives, and future ecosystem utilities. Token holders can vote on proposals to shape the direction of the Pangolin protocol.
Which networks does Pangolin support?
Pangolin is available on Avalanche, Ethereum, Flare, Songbird, and Hedera, with more integrations planned to expand its multichain footprint.
Is Pangolin a centralized exchange?
No. Pangolin is a decentralized exchange (DEX) where users retain custody of their funds and can trade without intermediaries.
How can I earn rewards on Pangolin?
You can earn PNG rewards by providing liquidity to pools, participating in yield farming campaigns, or staking PNG in eligible reward programs.
What is multichain routing on Pangolin?
Multichain routing allows users to swap tokens across different blockchains through bridges and routing protocols, enabling more efficient and seamless cross-chain trading.
Does Pangolin have bridge integrations?
Yes. Pangolin integrates with several bridge protocols to support cross-chain asset transfers and trading across supported networks.
Who governs Pangolin?
Pangolin is governed by PNG token holders through a decentralized governance process, allowing the community to vote on protocol changes and strategic decisions.