Pangolin Joins New Avalanche Rush Program that Brings $UST to Avalanche
Pangolin, an Avalanche native DEX, again joins the Avalanche Rush program as part of native app ecosystem growth allocation
Pangolin has officially joined another Avalanche Rush incentive program focused on ecosystem growth.Pangolin, a native decentralized exchange, will soon have access to $2M in AVAX rewards.
Working closely together, Avalanche, Pangolin, Terra Labs and Axelar are bringing TerraUSD (UST), the decentralized and algorithmic stablecoin of the Terra blockchain to Avalanche. UST is the most abundant and widely used algorithmic stablecoin of any blockchain. This initiative will democratize stablecoins on Avalanche, as well as increase stablecoin usage and volume across the Avalanche network.
To incentivize adoption, the $2M in AVAX rewards will be combined with two additional rewards, LUNA & PNG, to be distributed in a novel three token rewards Super Farm on Pangolin. Pangolin Super Farms are an innovation in how liquidity mining will take place in the future.
“We are ecstatic to take part in the Avalanche Rush program again. Pangolin strives to have the best DEX experience through deep liquidity, easy swaps, advanced tooling, and smooth onboarding. With the support of Avalanche Rush, Pangolin will continue to push the bar in building DEX products that support ecosystem growth and delivering value to users within the Avalanche ecosystem using innovative new products like recently launched Super Farms”
- Justin Trolip, Pangolin Core Team
These Avalanche Rush rewards will be available on the UST-AVAX and UST-USDC Super Farms, which are launching very soon in Q1 2022!
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.
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