Avaxholic

What Is Penguin Finance?  Penguin Finance is a DeFi project developed on the basis of the Avalanche C - Chain network. In the early stage, the development team focused mainly on Yield Farming products based on Pangolin’s liquidity pool, one of the first Avalanche-based AMM DEX. Penguin Finance’s Yield Farming now can operate on AMM DEX like Pangolin, Trader Joe or Lydia. Penguin Finance is currently in its early stages of development and the project will grow stronger in the Defi segment with applications such as the Prediction market, NFT + Defi. Penguin, at the moment, is quite confident that they are providing a more attractive incentive level than the common ground. Besides the ordinary LP staking, Penguin Finance also has Auto-compound, which is a high-performance yield farm utility for the user. Preparation For Using Penguin Finance What are the prerequisites for Penguin Finance? First, users need to download and create an account (optional) on Coin98 Wal...

Coin98 Wallet has become the first cryptocurrency wallet application that integrated Trader Joe in July recently, allowing traders easy access to the world of DeFi through the unmissable opportunities of Asia's leading chain wallet, the multi-chain wallet. In today's article, Avaxholic will show you how to make money on Trader Joe in only 5 steps. This article is divided into these small sections, so you can follow easier on your favorite section: How to Swap directly on Coin98 Mobile WalletHow to Swap on Trader JoeHow to provide liquidity on Trader JoeHow to Farm on Trader JoeHow to Stake JOE to receive XJOEHow to ZAP on Trader Joe What Is Trader Joe ? Trader Joe is an AMM-based DEX built on the Avalanche blockchain, supporting C-chain Tokens of Avalanche. Trader Joe is a combination of DEX and decentralized Lending protocol. This is to provide leveraged trading, giving users a satisfactory experience with high speed yet extremely low cost. Currentl...

What Is Pangolin (PNG)? Pangolin is a decentralized exchange (DEX) that runs on Avalanche, uses the same automated market-making (AMM) model as Uniswap, features a native governance token called PNG that is fully community distributed, and is capable of trading all tokens issued on Ethereum and Avalanche. In a crowded marketplace with multiple contenders, Pangolin offers three critically important benefits: fast and cheap trades, community-driven development, and a fair and open token distribution How To Swap Pangolin (PNG) Token Using Metamask? Step 1: Instal Metamask wallet here: https://metamask.io/download Step 2: Install Avalanche C-Chain Network on Metamask. See this article on What is avalanche wallet in section Connect Metamask Wallet to Avalanche Blockchain You can buy AVAX on centralized exchanges like Kucoin, Binance and send it to your Avalanche (C-chain) wallet address on Metamask. Step 3: Swap Visit Pangolin Website: https://app.pangolin.exchange/#...

Let's take a look at PNG token and Pangolin project with Avaxholic in today's article! What Is Pangolin Exchange? Pangolin is a community-driven decentralized exchange (DEX) running on Avalanche that supports all Avalanche and Ethereum tokens. Pangolin uses the same automated market-making (AMM) model as Uniswap, but is built on Avalanche to drastically improve the user experience by reducing fees to a fraction of what they pay today and finalizing trades instantly. Pangolin is community-driven, open, fair, and democratic. None of the PNG tokens are reserved for the team. The project puts the users first and foremost. What Is Pangolin (PNG) token? The Pangolin (PNG) token is the native governance token of Pangolin platform. It is a reward for depositors who save, and receive fees through payment activities on Pangolin. All PNG tokens will be distributed to the community, in a model known as a “fair launch.” There will be no premine and no early access tokens for...

What Is Pangolin (PNG)? Pangolin is a decentralized exchange (DEX) that runs on Avalanche, uses the same automated market-making (AMM) model as Uniswap, features a native governance token called PNG that is fully community distributed, and is capable of trading all tokens issued on Ethereum and Avalanche. In a crowded marketplace with multiple contenders, Pangolin offers three critically important benefits: fast and cheap trades, community-driven development, and a fair and open token distribution How To Swap Pangolin (PNG) Token Using Metamask? Step 1: Instal Metamask wallet here: https://metamask.io/download Step 2: Install Avalanche C-Chain Network on Metamask. See this article on What is avalanche wallet in section Connect Metamask Wallet to Avalanche Blockchain You can buy AVAX on centralized exchanges like Kucoin, Binance and send it to your Avalanche (C-chain) wallet address on Metamask. Step 3: Swap Visit Pangolin Website: https://app.pangolin.exchange/#...

If you are learning about Blockchain, you have probably heard the phrase “Blockchain Explorer”. This article will help you understand what Blockchain Explorer is and some of its basic use cases. What is Blockchain Explorer? Blockchain Explorer (or Block Explorer) is the software that takes raw data from nodes on a Blockchain, then organizes them into human-readable data and displays them to users through an API. API (Application Programming Interface) is the interface programming application. The interface here is not the "surface" for humans to contact the computer, but the interface between software and software. You can imagine this as an intermediate window that allows software, applications, or systems to communicate with one another, taking advantage of their specialties. Ethereum's Blockchain Explorer Example There are many Blockchain Explorers operating in the market, usually each blockchain will have one or more different explorers. The most pop...

If you are learning about Blockchain, you have probably heard the phrase “Blockchain Explorer”. This article will help you understand what Blockchain Explorer is and some of its basic use cases. What is Blockchain Explorer? Blockchain Explorer (or Block Explorer) is the software that takes raw data from nodes on a Blockchain, then organizes them into human-readable data and displays them to users through an API. API (Application Programming Interface) is the interface programming application. The interface here is not the "surface" for humans to contact the computer, but the interface between software and software. You can imagine this as an intermediate window that allows softwares, applications, or systems to communicate with one another, taking advantage of their specialties. Ethereum's Blockchain Explorer Example There are many Blockchain Explorers operating in the market, usually each blockchain will have one or more different explorers. The most po...

What is Penguin Finance?  Penguin Finance is a DeFi project developed on the basis of the Avalanche C - Chain network. In the early stage, the development team focused mainly on Yield Farming products based on Pangolin’s liquidity pool, one of the first Avalanche-based AMM DEX. Penguin Finance’s Yield Farming now can operate on AMM DEX like Pangolin, Trader Joe or Lydia. Penguin Finance is currently in its early stages of development and the project will grow stronger in the Defi segment with applications such as the Prediction market, NFT + Defi. Penguin, at the moment, is quite confident that they are providing a more attractive incentive level than the common ground. Besides the ordinary LP staking, Penguin Finance also has Auto-compound, which is a high-performance yield farm utility for the user. Preparation for using Penguin Finance What are the prerequisites for Penguin Finance? First, users need to download and create an account (optional) on Coin98 Wal...

The DeFi market is becoming hotter than ever, especially with the recent incentive programs from multiple blockchains. The TVL (Total Value Locked) across all Dapps (Decentralized applications) is currently $83B, and Aave already impressively accounts for 15% of it. Moreover, compared to other top-notch lending protocols like Compound or MakerDAO, Aave is receiving the highest revenue. On a daily basis, Aave is earning about $2.34M, while Compound and MakerDAO are getting only $1M and $142K, respectively. In fact, the daily revenue of Aave is currently only behind Uniswap. How to use Aave? How to take advantage of Aave’s features and potentially earn profit? This article will give you clear answers for these questions. What is Aave? Aave is a liquidity-based Lending protocol. Originated as a decentralized peer-to-peer lending platform (ETHLend), Aave revamped to a pool-based one. Instead of forming a direct relationship between lenders and borrowers, Aave involves...