Pangolin partners with OIN Finance to bring advanced stablecoin issuance to Avalanche
Pangolin is proud to announce a partnership with OIN Finance. OIN is a decentralized multi-chain stablecoin issuance platform. OINDAO allows projects, large or small, to issue their own brand labelled synthetic assets that are collateralized by their own coins; in essence, any projects can mint their own stablecoins to participate in the greater DeFi ecosystem. OIN’s aim is to become a one-stop shop for cross-chain stablecoin issuance, trading, and implementation.
Together with OIN, we will be exploring to launch two tokens on the Avalanche network: $avaxUSD and $OIN. The $avaxUSD token is an AVAX backed stablecoin, and the $OIN token is the governance token of the OIN platform. Pangolin will support liquidity and trading for OIN’s launch with farms for the AVAX-avaxUSD and AVAX-OIN pairs. Pangolin believes that OIN Finance will be a key player in the stablecoin issuance space on Avalanche, and is excited to grow together.
“We can’t be more excited to work with Pangolin, the leading DEX on the Avalanche ecosystem. The key benefits of the partnerships, such as the AMM, farm, and more that arises from this partnership is something I’m sure we’ll all be looking forward to. Through such great partnerships, we’ll be able to bring more DeFi features, more freedom of assets, and opportunities to integrate into many different aspects of a business to more and more users in crypto.”
— Daniel Kwak, Marketing Director at OIN Finance
About OIN Finance
OIN is a decentralized multi-chain stablecoin issuance platform. With a robust set of features such as single-vault liquidations and own-brand-labelled stablecoins (e.g. USDO for OIN), we bring the best stablecoin solutions for all, including layer-1 partners.
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.