What is Pangolin (PNG)? Leading Solution in the DeFi Industry

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Bittime - Along with the rapid development of the crypto world, Pangolin (PNG) has emerged as one of the projects that is attracting the attention of many people. However, what exactly is Pangolin (PNG)?

This article will discuss in detail Pangolin (PNG), its main products, PNG token functions, tokenomics, fundamental analysis, comparison with competitors, and related conclusions.

What is Pangolin (PNG)?

Pangolin (PNG) is a decentralized protocol that runs on the Avalanche network . It is a DeFi (Decentralized Finance) platform that provides various services such as digital asset exchange, liquidity provider, and non-fungible token (NFT) exchange . Built on innovative blockchain technology, Pangolin (PNG) aims to provide easy and secure access to decentralized financial services for users worldwide.

Pangolin (PNG) Key Products and Features

Pangolin (PNG) offers a variety of products and features that differentiate it from other DeFi platforms, including:

1. Digital Asset Exchange : Pangolin provides a digital asset exchange platform that allows users to exchange various cryptocurrencies quickly and with low fees.
2. Liquidity Providers : Users can become liquidity providers on the Pangolin platform, providing the necessary liquidity to facilitate smooth trading.
3. NFT Marketplace : Pangolin also offers a marketplace for trading non-fungible tokens (NFTs), allowing users to easily buy, sell, and trade their digital collectibles.

Also Read: DeFi Requires More Decentralization

What is PNG Token?

PNG tokens are digital assets used within the Pangolin ecosystem for various purposes, including:

1. Transaction Fees : Users have to pay transaction fees using PNG tokens on the Pangolin platform.
2. Incentives: PNG tokens can be used as incentives for users who provide liquidity or participate in various activities on the platform.
3. Governance : PNG token holders have voting rights in decision-making regarding the development and direction of the Pangolin project.

Tokenomics PNG Tokens

• Maximum Supply: 230 million PNG tokens.
• Circulating Supply: 200 million PNG tokens.
• Distribution: Distribution of PNG tokens is carried out through various mechanisms, including public sales, incentive programs, and allocation for development and marketing.

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Pangolin Fundamental Analysis

Pangolin (PNG) fundamental analysis covers several key aspects that influence the value and growth potential of the project. Here are four aspects of fundamental analysis that are usually considered.

1. Technology : Pangolin runs on the Avalanche network, which offers high transaction speeds and low fees. This makes Pangolin an efficient and user-friendly platform.
2. Team: The team behind Pangolin consists of experts in blockchain and finance, bringing extensive experience and expertise to the project.
3. Community: The Pangolin community continues to grow, with more and more users joining the ecosystem.
4. Adoption : Adoption of Pangolin continues to increase, with more and more users using the platform for their various financial needs.

Comparison of Pangolin (PNG) and Competitors

1. Scalability: Pangolin has an edge in scalability thanks to Avalanche technology that enables fast transactions and low fees.
2. Fees : Pangolin offers lower transaction fees than many of its competitors, making it more attractive to users.
3. Security : Pangolin uses secure and tested blockchain technology, ensuring the security and integrity of user data.
4. Adoption: Pangolin has been successful in increasing adoption among users, mainly due to its focus on good user experience and complete services.

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Conclusion

Pangolin (PNG) is one of the leading platforms in the DeFi world, offering a variety of innovative and user-friendly services to users around the world. With superior products and features, solid tokenomics, and a commitment to security and adoption, Pangolin (PNG) continues to prove itself as a leader in the competitive DeFi space.

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To be able to buy crypto assets on  Bittime ,  make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into  your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn  Complete Guide How to Buy Crypto on Bittime .

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DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.