A Quick Overview of Pangolin | Avalanche Tutorials

In this tutorial we provide an overview of Pangolin, a decentralized exchange that was one of the first to launch on Avalanche. We reveal how Pangolin helps you achieve fast and cheap trades, has a fair and open token distribution via PNG, and is powered by community-driven development processes.

With help from the ETH to AVAX bridge, the Pangolin exchange is capable of trading any token on the Ethereum or Avalanche network, giving DeFi enthusiasts the opportunity to pursue yield opportunities on both blockchains at the same time. This video explains the three major benefits of Pangolin:

Fast and inexpensive trading - Powered by Avalanche, Pangolin takes full advantage of the platform's unsurpassed time-to-finality and low crypto gas fees. Pangolin provides all the benefits of centralized trading in conjunction with the benefits of decentralized trading.

Fair and open token distribution - Pangolin followed a fair launch model with the release of its governance token (PNG). 95 percent of PNG tokens were allocated to liquidity mining allocation, while the remaining 5 percent were given to airdrop recipients on Uniswap and SushiSwap. (No PNG tokens were allocated to any “insider” affiliated with Pangolin.) Pangolin's liquidity mining program covers a number of AVAX and PNG pools.

Community-driven development - Governance activity on Pangolin is controlled by PNG tokens, not an “official” board of executives or stakeholders. Pangolin governance went live three months after launch, enabling activities such as modifications to liquidity pools and fee switching.
Feel free to explore our other Avalanche tutorials to learn more about this revolutionary smart contracts platform and the various features it offers, including tools to build Solidity-compatible dApps and launch custom blockchains.

Avalanche has already attracted numerous blockchain enthusiasts from around the globe, with substantial representation from professionals in the fields of DeFi, document tracking, asset insurance, and digital collecting. And our community continues to expand; please visit the links provided below to learn more about the various features and benefits of the Avalanche ecosystem.

ABOUT PANGOLIN:
Pangolin is a community-driven decentralized exchange (DEX) for Avalanche and Ethereum assets with fast settlement, low transaction fees, and a democratic distribution—all powered by Avalanche. Pangolin brings you the best trading opportunities to find and maximize your yield.

Pangolin Resources:
Website: https://pangolin.exchange
Twitter:   / pangolindex   ​
Telegram: https://t.me/pangolindexV2

Avalanche Resources:
Website: https://avax.network
Twitter:   / avalancheavax  
Discord: https://chat.avax.network