Pangolin and Everest DAO form a partnership to bring options to Avalanche
Without further ado, Pangolin is announcing its partnership with Everest DAO, a cutting-edge DeFi suite making waves in crypto derivatives with its new Options product. Everest’s options protocol empowers users to predict prices and hedge risk in Avalanche markets. The Everest protocol takes a unique, novel approach to classic options derivatives by leveraging an AMM style multiplier to balance Puts & Calls.
“We’re honored to partner with Pangolin, one of the leading projects in the Avalanche ecosystem that has recently shifted a lot of their focus into innovation. This partnership will tighten the relationship between our teams and benefit the Avalanche ecosystem as a whole,”
- Polar Bear, Founder at Everest Labs.
Together the partnership brings the growing community a more robust arsenal of products to maximize market efficiency. Pangolin has added an AVAX-EVRT farm to support liquidity of the EVRT token. Also, don’t forget to keep your eyes peeled for $PNG options coming soon to a summit near you!
About Everest DAO
Everest DAO is an innovation-driven project focused on tackling new and exciting products that range from DeFi, DAOs, NFTs, and more. Our goal is to deliver on products users want and increasing market efficiency. We provide our Dapps with fast settlement and low fees through the Avalanche Network.
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.