Pangolin Receives $500k from Terraform Labs to reward UST (Wormhole) Liquidity Providers

What happens with two different UST coins on Pangolin?

You might be asking, “Aren’t the current UST Super Farms with tokens bridged through Axelar?” The answer is yes, and these Super Farms will remain on Pangolin with the token ticker changing to axlUST. The current farms will be axlUST-USDC and axlUST-AVAX.

New UST Super Farms

We will be incentivizing the following brand new UST Super Farms with double rewards in PNG and UST:

About the Wormhole

Wormhole is an interoperability protocol powering the seamless transfer of value and information across 8 high-value chains with just one integration.

About the Terra Protocol

The Terra protocol is a decentralized and open-source public blockchain protocol for algorithmic stablecoins. Using a combination of open market arbitrage incentives and decentralized Oracle voting, the Terra protocol creates stablecoins that consistently track the price of any fiat currency.

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.



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Pangolin Exchange

Pangolin Exchange

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