Pangolin partners with Spore, a hyper-deflationary currency project

Pangolin Exchange
2 min readJul 30, 2021

Pangolin is excited to announce a partnership with the Spore project, an Avalanche native hyper-deflationary currency project. Spore has an impressive number of token holders, with over 5000 wallets on Avalanche and over 125,000 wallets on Binance Smart Chain. Spore also focuses around NFT creation, art, and a custom bridge between Avalanche and BSC.

The Spore project has been instrumental in leading user education and user adoption of Avalanche and Pangolin Exchange. Their team of volunteer admins and core team members have produced a tremendous amount of educational content aimed at helping users get comfortable with DeFi. Finally, the Spore tokenomics model is architected to attract liquidity onto the Avalanche network by having more favorable properties on Avalanche vs Binance Smart Chain, along with a custom built bridge.

Pangolin is thankful for the adoption that Spore has championed, and hopes to continue to work with Spore to increase usage and adoption of Avalanche and Pangolin Exchange. Pangolin has added PNG rewards pools for the SPORE-PNG pair at 5x multiplier and the SPORE-AVAX pair at 1x multiplier.

About Spore

Spore is a global movement of artists, developers, and blockchain enthusiasts committed to building an ecosystem that connects designers, musicians, producers, and other content creators with everyday users. Spore leverages open blockchain standards to eliminate intermediaries for equitable creation and distribution of content. The system is fueled by $SPORE, a deflationary token available on Avalanche and Binance Smart Chain, seamlessly connecting two massive blockchains and user bases with the first of its kind Avalanche-BSC bridge, developed in-house by Spore.

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About Pangolin Exchange

Pangolin Exchange is a community-driven decentralized exchange (DEX) with fast-settlement, low fees, and a democratic process. Built on the Avalanche Network. Pangolin brings you the best trading opportunities to find and maximize your yield.

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Pangolin Exchange

Pangolin is a multichain decentralized cryptocurrency exchange (DEX) on the Avalanche, Songbird, Flare, and Hedera Networks.