Similar to Uniswap, Pangolin uses liquidity pools to facilitate trading. Users can provide liquidity to these pools by depositing their tokens and earning trading fees in return. The platform also incentivizes liquidity providers by distributing PNG tokens as rewards.
Pangolin supports both Ethereum-based ERC-20 tokens and Avalanche-based assets. This allows users to trade a wide range of tokens across different networks, increasing liquidity and accessibility.
The governance of Pangolin is community-driven, with PNG token holders having the power to propose and vote on changes to the platform. This ensures that the decision-making process is decentralized and reflects the interests of the community.
Overall, Pangolin aims to provide a decentralized and efficient trading platform that offers users access to a wide range of tokens while maintaining the security and transparency of the Avalanche network.