PinkPanda DeFi Launches Utility Token and Decentralized Leveraged Exchange (DEX) for BSC Coin

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CHICAGO, IL / ACCESSWIRE / July 17, 2021 / PinkPanda creates a non-custodial, fully-chain first mobile wallet as well as a decentralized exchange (DEX) that supports up to 5x margin / leverage trading with a centralized and transparent feel of exchange on the Binance Smart Chain. Their utility token for the PinkPanda exchange, $ PINKPANDA, launched on May 29. The community has grown to over 9,000 holders, and the team has followed every step of their roadmap so far, including launching their mobile app across multiple versions.

A mission to revolutionize the BSC ecosystem

$ PINKPANDA aims to bring millions of new users into DeFi, making it easier to achieve high returns and financial freedom, even for people inexperienced in investing. The wallet is beautifully polished and easy to use, which will make PinkPanda a gateway to mass adoption of crypto.

The Binance Smart Chain (BSC) quickly exploded to become a leading position in the crypto market, however, there is still a lack of sophisticated tools, the difficulty of acquiring BNB tokens is high, and wallets poorly. designed all work to limit accessibility.

Utility-based DEX platform powered by $ PINKPANDA

The purpose of the $ PINKPANDA token is to allow people to use the wallet and DEX, which will have a fee denominated in $ PINKPANDA. The token has already been launched on Pancakeswap and has garnered over 9,000 holders and rave reviews from influencers. It has a 10% “anti-whale” transaction fee, half of which goes to holders and the other half is locked in the cash pool to reduce volatility.

The PINKPANDA trading platform which is slated to launch in 2022 will have an order book with limit orders and advanced order types such as trailing stop-losses. It will also support up to 5x leverage / margin trading. Pinkpanda’s margin trading structure draws inspiration from other on-chain spot margin trading protocols, in particular Solana’s Mango Markets and Ethereum’s Aave. Unlike other trading platforms, PinkPanda will activate liquidation protection algorithms, hedging options, and other end-user protections that many centralized exchanges do not offer.

It’s about community and giving back

The PinkPanda team is building a global community. They are super focused on involving the community in every step of building and promoting a healthy and safe environment for the BSC ecosystem. PinkPanda already has groups in several languages, including English, Spanish, Japanese, Korean, Russian, and Arabic. True to the spirit of the donation, PinkPanda has already donated $ 6,000 in cryptocurrency to the American Cancer Society and the GO2 Lung Cancer Foundation.

About the PinkPanda team

Founded by Adam Carlton, PinkPanda is led by a team of experienced crypto developers with a combined experience of over 50 years at the cutting edge of technology, and supported and advised by seasoned executives.

For more information, visit www.pinkpanda.finance

Related images

SOURCE: Pink Panda Holdings Inc.

See the source version on accesswire.com:
https://www.accesswire.com/655959/PinkPanda-DeFi-Launches-a-Utility-Token-and-Leveraged-Decentralized-Exchange-DEX-for-BSC-Coin


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