Pangolin Will Be The First To Use Sunshine And Rainbows Algorithm

Pangolin Exchange, a multichain decentralized cryptocurrency exchange (DEX) with over $16 billion in volume, will deploy a novel algorithm and introduce multiple new concepts in tokenomics and staking architecture on the Songbird and Flare Networks on August 19.

Sunshine and Rainbows (SAR) will be deployed on single-sided staking and farming pools using the first-of-its-kind algorithm. Users who do not sell their rewards will receive a higher APR, and they will be able to compound their rewards without sacrificing their initial stake.

About Pangolin

Pangolin is a multichain decentralized cryptocurrency exchange (DEX) native to the Avalanche Network. Through advanced tooling, deep liquidity, and smooth onboarding, Pangolin offers easy swaps and a great experience for projects and traders alike.





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