Pangolin

Pangolin

PNG
$0.340629374%-11.82

Key Metrics

Price$0.340629374
Real Volume (24H)$1,727,659.99
Marketcap$74,384,589.14
Fully Diluted Valuation$19,476,500
ATH$18.85
ATH Date2/19/2021, 6:34:15 PM
ATL$0.02918758
ATL Date12/21/2022, 11:21:52 AM
Circulating Supply142M
Total Supply538M
WebsiteN/A
WhitepaperN/A
Popularity Rank500
Chart
What is Pangolin?

Pangolin Token (PNG) serves as the cornerstone of Pangolin, a community-driven decentralized exchange (DEX) that operates on the Avalanche blockchain. With a strong focus on Ethereum and Avalanche tokens, Pangolin aims to revolutionize the trading landscape by offering its users fast settlement, low transaction fees, and a commitment to democratic principles. By providing ample trading opportunities, the platform empowers users to optimize their yield and expand their portfolio.

The founders of Pangolin recognized the limitations imposed by network infrastructure as decentralized finance (DeFi) applications experienced unprecedented growth. Network congestion and systemic risks became prevalent issues that needed to be addressed. In response, the Pangolin team understood the importance of community ownership and a highly democratic approach to application development. As a result, Pangolin emerged as a solution, offering users the swiftness and efficiency of centralized exchanges while preserving access to a wide range of assets and avoiding undue influence from large insiders. Pangolin prides itself on three fundamental benefits for its users: affordable and rapid trades, an equitable distribution of tokens, and community-driven growth. By combining high-performance features with robust governance control, Pangolin prioritizes the interests of its token holders.

Built on the Avalanche blockchain, Pangolin facilitates asset swapping with minimal transaction fees. Traders can execute fast trades, ensuring a seamless experience on the platform. Notably, Pangolin employs a token distribution model that is entirely community-focused. This means that all tokens are directly distributed among the entire community, without any allocation to traders, the team, insiders, or advisors. This approach ensures that every participant has a fair opportunity to engage with the platform and reap its benefits.

At the core of Pangolin's ecosystem lies the native token, PNG, which carries significant governance power. PNG token holders have the privilege to vote on critical decisions, including those related to the liquidity pool and conversion fees. This democratic governance structure empowers the community to shape the growth and development of the platform. Moreover, PNG token serves as an incentive for traders who secure and earn fees through their activities on the platform, further strengthening the bond between Pangolin and its users.

Delving into the history of Pangolin Token (PNG), the project adopted a fair launch model for its tokens. All PNG tokens were distributed to the community through mining operations or airdrops, emphasizing inclusivity and equal opportunity. Justin Trollip serves as the CEO of Pangolin Exchange, leading the team towards success. With a maximum total supply of 538 million PNG tokens, Pangolin embodies a sustainable and balanced token economy.

In conclusion, Pangolin Token (PNG) lies at the heart of the community-driven Pangolin DEX, empowering users to engage in seamless and efficient decentralized trading on the Avalanche blockchain. By prioritizing fast settlement, low fees, and a democratic distribution model, Pangolin aims to revolutionize the landscape of token exchanges. With PNG tokens as a governance mechanism, the platform places decision-making power in the hands of its community, fostering a sense of ownership and collective growth. As Pangolin continues to evolve, it remains committed to its mission of creating a fair and transparent trading environment for all participants.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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