TLDR
Pangolin is a community-controlled DEX (Decentralized exchange) that was created by AVA labs to be handed over to the community. Unlike most projects where teams and insiders can own up to 60% of the supply, the core team retained no personal tokens. The core team in a sense works for the community and operates in the best interest of the community. Community wins over profits which is a rarity in our space. The PNG token is used as a governance token; you can't have a community owned project without some notion of ownership. Users who provide liquidity are rewarded in the PNG token.via the TL;DR App
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Written by benhodlin |
Member of Forbes Technology Council, Cointelegraph
