Announcing Pangolin’s First NFT Collection!

2 min readDec 29, 2021

Stake $PNG, earn NFTs on NFTrade

Introduction

We are very excited to announce our partnership with NFTrade.com on our very first official Pangolin.exchange NFT collection!

There are 16 unique designs to collect and just 100 copies of each available. The total NFT collection is just 1,600 pieces! These original Pangolin stickers will become a piece of Avalanche history. Owned on the blockchain by our most valued holders.

We’re happy to give $PNG holders another way to utilize their tokens. These Pangos will be unlocked for users by staking $PNG on the NFTrade app.

Here are 8 of the 16 NFTs, the rest will be revealed when the collection launches.

Timing

This collection will launch sometime on December 29th, watch for an announcement on Twitter, Telegram, or Discord.

The process

Stake $PNG in the Pangolin collection on NFTrade.com (direct link to be added).

Every $PNG staked earns you 1 xPNG per day. The price of every collectible NFT is set in xPNG.

Pricing

Pangolin collectible NFTs will be split into three price tiers to help users of all holder levels to participate:

Tier 1: 1,750 xPNG

Tier 2: 2,500 xPNG

Tier 3: 5,250 xPNg

Buying an NFT consumes xPNG. If you had 1,750 xPNG and bought a tier 1 NFT, you now have 0xPNG and will need to stake for longer to unlock a tier 2.

Example Scenarios

Scenario 1: User stakes 100 PNG and doesn’t change the amount. User earns a Tier 1 NFT in 17.5 days, a tier 2 in 25 days, or a tier 3 in 52.5 days.

Scenario 2: User stakes 500 PNG and doesn’t change the amount. User earns a tier 1 NFT in ~3 days, a tier 2 in 5 days, a tier 3 in 10.25 days.

About Pangolin Exchange

Pangolin Exchange is a top decentralized exchange (DEX) on the Avalanche Network that provides the best DEX experience through deep liquidity, easy swaps, advanced tooling, and smooth onboarding. Pangolin brings you the best trading opportunities to find and maximize your yield.