Pangolin Exchange is a multichain decentralized cryptocurrency exchange (DEX) on the Avalanche Network. It offers easy swaps, deep liquidity, and a great experience for projects and traders.

The PNG token is the native governance token of Pangolin. It allows the community to drive the development of the product. All tokens are distributed directly to the community without any allocations to advisors, investors, or insiders.

There are 230 million PNG tokens in circulation. 83% of the tokens are dedicated to incentivizing Liquidity Providers on Pangolin. These tokens are emitted to providers every day until emissions end in October 2024.

PNG token holders can stake their PNG and receive a share of protocol revenues. 0.0425% of all trades are paid to the PNG staking pool through regular token buybacks, allowing stakers to earn APR on their PNG with no impermanent loss.

The Pangolin team consists of experts in finance, economics, business, marketing, blockchain development, software development, design, and community building. They are committed to building the world's leading decentralized trading platform and multi-chain hub.

You can read more about them in the Pangolin Docs.

PNG is available for trading on Pangolin's decentralized exchange as well as a growing number of centralized exchanges, such as Gate.io, LBank, and MEXC.