New Super Farm: BRZ Token
Earn double rewards in $BRZ and $PNG
We’ve partnered with BRZ Token to help you earn double rewards and a boosted APR in their new Super Farm
The First Brazilian Stablecoin in Circulation
The BRZ is the first and largest Brazilian stablecoin in circulation.
It allows Brazilians to ramp up investments in foreign exchanges directly and trade a Brazilian Real (BRL) pegged stablecoin on a global scale.
The BRZ Token is built-up on top of Ethereum, Solana, Stellar, Algorand, Binance Smart Chain, RSK Network, and now Avalanche.
A Tool for Brazilian Investors
The BRZ Token, created by Transfero in 2019, is a tool that allows Brazilian investors to access crypto platforms worldwide, in a simple and decentralized way, with freedom and autonomy.
Likewise, it allows international players to take advantage of opportunities in the domestic market.
1 Real = 1 BRZ
Every BRZ token is always fully backed by Brazilian Reais held in professional independent secure accounts of reputable entities known as Reserve Managers.
Their publicly audited smart contract mints BRZ Tokens whenever Brazilian Reais clear the referred accounts and burns BRZ Token when Brazilian Reais are redeemed. This ensures there is at least a 1:1 parity between the outstanding BRZ Tokens and Brazilian Reais in the secured accounts.
In other words, upon the deposit in Brazilian Reais into any of the Reserve Manager’s accounts, an equal amount of BRZ Tokens will be minted, and immediately thereafter available for trades, transactions and transfers without friction to/with the exchanges and token dealers around the globe.
Expanding to DeFi
BRZ is the largest non-dollarized fiat stablecoin. Since its start in 2019, BRZ has been traded on major exchanges and has been expanding use cases in DEFI by integrating with top blockchains. With its expansion to Avalanche, BRZ Token is opening the gateway for Brazilians to onboard into DeFi.
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About Pangolin Exchange
Pangolin is a multichain decentralized cryptocurrency exchange (DEX) on the Avalanche Network. Through advanced tooling, deep liquidity, and smooth onboarding, Pangolin offers easy swaps and a great experience for projects and traders alike.