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Pangolin Launches Token Exchange and Liquidity Contract Functions on Evmos

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On February 22, Avalanche native multi-chain DEX Pangolin launched token exchange and liquidity contract functions on Evmos. This major deployment will connect…

Pangolin Launches Token Exchange and Liquidity Contract Functions on Evmos

On February 22, Avalanche native multi-chain DEX Pangolin launched token exchange and liquidity contract functions on Evmos. This major deployment will connect the Pangolin community to the cross-chain ecosystem where Cosmos supports IBC, and will also bring more liquidity to Evmos.

Avalanche DEX Pangolin deployed on Evmos

Analysis based on this information:


Pangolin, a native multi-chain decentralized exchange (DEX) built on the Avalanche blockchain, recently announced the launch of its token exchange and liquidity contract functions on Evmos. The significance of this deployment cannot be overstated, as it has the potential to bring significant benefits to both the Pangolin community and the broader cross-chain ecosystem.

Evmos is a high-performance blockchain that has been developed to support interoperability with other chains. It is integrated with the Cosmos ecosystem, which is known for its support for inter-blockchain communication (IBC), a protocol that enables communication and data transfer between multiple blockchains. By connecting to Evmos, Pangolin is effectively extending its reach beyond Avalanche and tapping into the vast liquidity and trading volume currently available in the Cosmos network.

The launch of token exchange and liquidity contract functions on Evmos means that users on this network can now access Pangolin’s sophisticated trading interface and a range of advanced trading features such as limit orders, stop-loss orders and order routing. This integration brings additional liquidity to Evmos, allowing more tokens to be traded in a decentralized and trustless environment. It also enables the use of native utility tokens, such as AVAX and the PANGOLIN token, as well as ERC-20 and BEP-20 tokens.

The deployment of Pangolin on Evmos is a significant achievement for the Pangolin team, as it further cements its position as a leading multi-chain DEX. It also demonstrates the growing importance of interoperability and cross-chain communication within the blockchain space. The ability to seamlessly connect different blockchain networks is essential for the growth and mass adoption of decentralized finance (DeFi). By allowing users to access decentralized financial markets across different networks, it unlocks a world of possibilities and creates significant value for users.

Overall, the launch of token exchange and liquidity contract functions on Evmos is a positive development for both the Pangolin community and the broader blockchain ecosystem. It has the potential to bring significant liquidity to Evmos, while also enabling Pangolin users to access a broader range of trading options and opportunities.

In conclusion, while the integration of Pangolin and Evmos is just one step towards building a truly interconnected and interoperable decentralized financial system, it is nonetheless a major milestone. The benefits that it brings to the blockchain space are undeniable, and it is exciting to see the ongoing progress being made in this area.

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