Pangolin (PNG) is a decentralized cryptocurrency built on the Avalanche C-Chain, serving as the native token of the Pangolin decentralized exchange (DEX). As a community-driven platform, Pangolin leverages Automated Market Maker (AMM) technology—similar to Uniswap—to enable seamless token swaps, liquidity provisioning, and yield farming. With a total supply capped at 230 million PNG, the distribution is heavily weighted toward incentivizing users: 83% is allocated to liquidity providers, ensuring a robust and sustainable ecosystem.
The core purpose of the PNG token extends beyond mere utility—it powers governance, rewards participation, and strengthens platform security through decentralized decision-making. Holders can stake their tokens to earn a share of trading fees via regular buybacks, generating passive income without exposure to impermanent loss, a common risk in traditional liquidity pools.
Core Features of the Pangolin Ecosystem
Pangolin isn’t just another DEX—it's a comprehensive trading environment designed for both novice and experienced DeFi users. Its feature set includes:
- Token Swaps: Instantly exchange tokens across the Avalanche network with low slippage and fast finality.
- Liquidity Pools: Provide liquidity to earn trading fees and additional PNG rewards.
- Yield Farming: Stake LP tokens in designated farms to boost returns.
- Portfolio Tracking & Watchlists: Monitor holdings and track performance in real time.
- In-App News Feed: Stay updated with the latest developments in the Avalanche ecosystem and broader DeFi space.
- Limit Orders: Unlike many AMMs, Pangolin supports limit orders on all trading pairs, allowing users to execute strategic, price-targeted trades.
These tools collectively enhance user experience, making Pangolin one of the most functional DEXs on Avalanche.
Governance and Staking: Empowering the Community
One of Pangolin’s defining characteristics is its commitment to decentralization through on-chain governance. PNG token holders have the power to propose and vote on key protocol upgrades, fee structures, treasury allocations, and new feature integrations. This democratic model ensures that the platform evolves according to community consensus rather than centralized control.
Staking PNG tokens unlocks additional benefits:
- Earn a portion of protocol-generated trading fees
- Participate in liquidity mining programs
- Gain voting rights in governance proposals
By staking, users contribute to network stability while earning rewards—creating a win-win dynamic that reinforces long-term engagement.
DEX-as-a-Service: Expanding Beyond Trading
Pangolin goes beyond being a standalone exchange by offering DEX-as-a-Service (DAAS)—a powerful solution for developers building decentralized applications (dApps). Through DAAS, projects can seamlessly integrate Pangolin’s DEX widget directly into their platforms, enabling native token swapping without building infrastructure from scratch.
This service significantly lowers the barrier to entry for new blockchain projects, accelerating innovation across the Avalanche ecosystem. Whether launching a new token or enhancing user functionality, teams can leverage Pangolin’s secure, battle-tested architecture.
How to Store Pangolin (PNG) Tokens
Storing PNG tokens securely is essential for protecting your assets. Since Pangolin operates on the Avalanche C-Chain, you’ll need a compatible non-custodial wallet. Here’s how to store PNG using Coin98 Wallet:
- Open Coin98 Wallet on your mobile or browser extension.
- Tap the "Receive" button on the dashboard.
- Search for "PNG" in the token list and select Pangolin (PNG).
- Copy your wallet address or scan the QR code to receive funds.
For maximum security, consider transferring your tokens to a hardware wallet (cold storage) if holding long-term.
How to Buy Pangolin (PNG) Tokens
There are two primary ways to acquire PNG: via centralized exchanges (CEXs) or decentralized exchanges (DEXs).
Buying on Centralized Exchanges (CEX)
CEXs offer a beginner-friendly way to purchase PNG using fiat currency.
- Choose a Supported Exchange: Platforms like MEXC, Binance, or Coinbase may list PNG. Confirm availability first.
- Create an Account: Register and complete KYC verification.
- Add Payment Method: Link a bank account, credit/debit card, or use PayPal.
- Search for Pangolin (PNG): Enter “PNG” in the search bar.
- Enter Purchase Amount: Specify your desired amount in USD or equivalent.
- Confirm Transaction: Review fees and exchange rate before finalizing.
Once purchased, you can withdraw PNG to your personal wallet for greater control.
Buying on Decentralized Exchanges (DEX)
Buying on DEXs offers more privacy and aligns with DeFi principles.
- Select a Compatible DEX: Use platforms like Uniswap or SushiSwap that support cross-chain assets.
- Install a Web3 Wallet: Set up MetaMask or Trust Wallet.
- Fund Your Wallet: Transfer AVAX (for Avalanche) or ETH (for Ethereum-based DEXs).
- Connect to the DEX: Approve wallet connection via wallet signature.
- Use Swap Function: Select your input token and choose PNG as the output.
- Confirm Swap: Approve transaction and pay gas fees.
⚠️ Always verify contract addresses when buying on DEXs to avoid phishing scams or fake tokens.
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Frequently Asked Questions (FAQ)
Q: Is Pangolin built on Ethereum or Avalanche?
A: Pangolin is primarily built on the Avalanche C-Chain, leveraging its high speed, low fees, and strong scalability. While some bridges allow cross-chain access, its native environment is Avalanche.
Q: What is the maximum supply of PNG tokens?
A: The total supply is capped at 230 million PNG, with no further issuance planned, ensuring scarcity and long-term value preservation.
Q: Can I earn passive income with PNG?
A: Yes. You can stake PNG or provide liquidity to earn rewards through yield farming and fee sharing—often with attractive APRs and no impermanent loss on staked PNG.
Q: Does Pangolin support limit orders?
A: Yes. Unlike many AMMs, Pangolin allows users to place limit orders on all trading pairs, giving greater control over entry and exit points.
Q: How does governance work on Pangolin?
A: PNG holders submit and vote on governance proposals. Voting power scales with token holdings, promoting decentralized decision-making.
Q: Is Pangolin safe to use?
A: Yes. It benefits from Avalanche’s secure consensus mechanism and uses non-custodial wallets, meaning you retain full control of your funds at all times.
Final Thoughts: Why Pangolin Stands Out in DeFi
In a crowded DeFi landscape, Pangolin distinguishes itself through its focus on community empowerment, advanced trading features, and developer accessibility. By combining governance, staking rewards, limit orders, and DEX-as-a-service capabilities, it offers a holistic solution for traders, liquidity providers, and builders alike.
Whether you're looking to trade efficiently, earn yield, influence protocol development, or embed trading functionality into your dApp, Pangolin provides the tools and infrastructure needed to succeed in modern decentralized finance.
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