Avalanche DEX Pangolin deployed 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.
Interpretation of this information:
The announcement of the launching of token exchange and liquidity contract functions on Evmos by Pangolin on February 22, 2021 is a major development. It is expected to provide a significant boost to the cross-chain ecosystem. Pangolin is a native multi-chain decentralized exchange (DEX) deployed on Avalanche. It is built on top of the Avalanche blockchain and has gained a reputation as one of the most popular DEXs in the cryptocurrency market as it offers low fees and fast transaction speeds.
Evmos, on the other hand, is a blockchain that supports the Interblockchain Communication Protocol (IBC). This makes it easy for different blockchains to communicate with each other, thus creating a network of networks. The deployment of the Pangolin token exchange and liquidity contract functions on Evmos means that the Pangolin community will now be able to leverage the benefits offered by the cross-chain ecosystem. It will also provide more liquidity to Evmos, which is a major benefit for the blockchain.
The benefits of this development are numerous. Firstly, it will provide a much-needed boost to the cross-chain ecosystem, which has been identified as a major factor in the adoption and growth of decentralized applications (dApps) and the blockchain industry as a whole. Secondly, it will provide more liquidity to Evmos, which is a major benefit for the blockchain. This is significant because liquidity is a key factor in the success of any blockchain or DEX. Thirdly, the deployment of the Pangolin token exchange and liquidity contract functions on Evmos will allow the Pangolin community to access a larger market and take advantage of the benefits offered by the cross-chain ecosystem.
In conclusion, the deployment of the Pangolin token exchange and liquidity contract functions on Evmos is a major development that will have a significant impact on the cross-chain ecosystem. It will provide more liquidity to Evmos, which is a major benefit for the blockchain, and allow the Pangolin community to access a larger market and take advantage of the benefits offered by the cross-chain ecosystem. The three keywords that summarize this content are Pangolin, Evmos, and cross-chain ecosystem.
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