Pangolin Expands its Horizons by Integrating with ChainArQ

Pangolin has announced a partnership with ChainArQ, marking a major step in the platform's evolution. This integration is designed to improve user experience and security.

Pangolin, the leading decentralized exchange on Avalanche, is taking a significant step forward in its journey with the integration of ChainArQ’s technology. This partnership marks a turning point for Pangolin as it continues to provide an excellent experience for users.

ChainArQ is a company that specializes in developing cutting-edge technology for Layer-1 chains, focusing on enhancing smart contracts and integration capabilities. This partnership will introduce several key benefits to Pangolin users.

One standout advantage is the introduction of secure gasless swaps. Leveraging ChainArQ’s expertise in L1 chain optimization, Pangolin will be able to execute cross-chain transactions without requiring users to pay gas fees. This innovation significantly reduces trading costs and optimizes efficiency.

Moreover, the integration will enable one-click cross-chain trading. With seamless integration across major L1 chains like Avalanche, Arbitrage, Fantom, and Polygon, users can effortlessly move assets between chains in a single click. This mobility unlocks new opportunities for traders to maximize returns and capitalize on opportunities across different chains.

Another benefit is the introduction of optimized liquidity routing. ChainArQ’s technology will be used to create a system that routes trades through the most liquid pools, ensuring the best possible prices for trades. This optimization is crucial for a seamless trading experience, especially in a rapidly changing market.

Furthermore, the partnership will provide Pangolin with direct access to top Avalanche L1 networks. This integration allows for the interconnection of multiple L1 chains with the standard Pangolin UI, enhancing the user experience and simplifying the trading process.

Finally, the partnership will facilitate concentrated liquidity farming with any asset. Users will be able to select any asset they wish to farm and Pangolin will concentrate all available liquidity in that asset for maximum farming efficiency. This flexibility empowers users to pursue their preferred farming strategies.

Pangolin is a community-driven multichain decentralized exchange (DEX) powered by the Avalanche Network. It is committed to providing users with advanced tooling, deep liquidity, and an easy onboarding process for a seamless trading experience.

The platform facilitates cryptocurrency swaps using the Avalanche Network to ensure rapid and secure transactions. Pangolin is dedicated to enhancing user experience with intuitive interfaces and features that simplify the trading process for both new and experienced traders.

Pangolin’s native governance token is PNG, which is designed to engage community members in the decision-making process of the platform’s development. It is governed by a 100% community-focused distribution model, where all tokens are allocated directly to users. There are no tokens allocated to advisors, investors, or insiders, and the entire community treasury is funded by protocol revenue. This model fosters a decentralized and community-driven approach to Pangolin’s growth and governance.

The above is the detailed content of Pangolin Expands its Horizons by Integrating with ChainArQ. For more information, please follow other related articles on the PHP Chinese website!