Guide: New Pangolin Bonds on Olympus Pro
Bond $PNG with USDC.e/USDT.e LP tokens
We are excited to announce the launch of new USDC.e/USDT.e bonds on Olympus Pro. You can now exchange your LP tokens for $PNG.
Launched in September of 2021, Olympus Pro allows projects to take control of their token emissions and liquidity mining programs through protocol-owned liquidity. They’ve partnered with over 40 projects and have helped them bond over $45,000,000 in liquidity.
Why Bonding?
Bonding through Olympus Pro allows us to ensure permanent liquidity and provide additional security for our users. It minimizes risk for users in volatile market conditions and increases long-term revenues for Pangolin.
How to bond
Make sure you have an equal amount of USDC.e and USDT.e in your wallet.
Find the USDC.e-USDT.e pair in the pools tab.
Enter the amount you want to add to the LP.
Note: Stablecoins are pegged to $1 but can have slight fluctuations in their price.
Once you’ve paired your LP, head to Olympus Pro and press “Bond” next to USDC.e-USDT.e PGL.
Once you receive a Bond, you are able to vest at any time within the 7-day vesting period.
About Olympus Pro
Olympus Pro is a service for protocols looking to utilize bonds in their emissions programs with low overhead and maximum impact. They provide their partners with infrastructure, expertise, and exposure. Projects only need to bring a token and an objective.
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.
Website | Twitter | Discord | GitHub | Documentation | Telegram | LinkedIn | Reddit | YouTube