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Great News! Orbs Farming & Single-stake Goes Live on Pangolin -Breaking

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Great News! Orbs Farming & Single-stake Goes Live on Pangolin
  • Orbs Farming & Single-Stake goes live on Pangolin.
  • Pangolin can now farm tokens of PNG with the ORBS-AVAX pool
  • And earn ORBS tokens in Pangolin’s Single-Stake feature.

Pangolin introduces farming and single-stake features for ORBS tokens after they recently introduced them to their platform. By giving liquidity to the ORBS-AVAX pool, users can now farm Pangolin’s native token, PNG, which can subsequently be staked to acquire ORBS tokens.

Pangolin, a decentralized community-driven exchange that uses an automated market-making model (AMM), is similar to. Pangolin has its own governance token, PNG. It can trade any tokens that have been issued on or Avalanche and is completely community-owned.

Pangolin’s launch of ORBS farming and staking is yet another crucial step in the Orbs community’s Avalanche footprint. This follows the Avalanche network’s other successful protocol integrations, such as AvaScan and Trader Joe.

Pangolin Orbs Farming

Orbs token owners can gain PNG tokens by adding liquidity to ORBS-AVAX’s pool. You will receive PGL tokens if you add liquidity to the pool. These tokens are an indication of how much ownership you have. Participants can use their PGL tokens to deposit in the Orbs Farm and earn PNG Rewards by liquidity mining.

You can earn orbs when you stake PNG

Users can deposit and stake their PNG tokens to earn ORBS using Pangolin’s Single-stake functionality, which eliminates the risk of temporary loss. Single-staking can be very easy and intuitive. Pangolin created this tutorial in order to demonstrate how this function works.

Remarkably, Orbs is one of only four tokens added to Pangolin’s staking at the moment. Pangolin is very confident in Orbs’ project. Orbs is also competitive in DeFi applications because of its unique features, which are mainly compatible with EVM-compatible Blockchains as well as its distributed network of nodes.

What is the AnySwap Bridge and how can I use it?

The ORBS token can now be purchased on Avalanche’s Mainnet (AVAX) by using the AnySwap cross chain bridge. AnySwap could also be used by Orbs token holders to link their tokens to BSC networks. It is a bridge that allows them to move tokens from the Ethereum, Avalanche and BSC chain.

It’s a breeze to use the AnySwap cross-chain bridge. Select ORBS in the token drop-down list, and then AVAX mainnet for the destination chain. Pangolin promises its users more Orbs as well as Avalanche information in the near future.

Please Note

Pangolin, Trader Joe and other decentralized finance products such as the AnySwap bridge and AvaScan are all dangerous. Decentralized finance products and digital assets are experimental and highly volatile by nature. There may be security or economic exploits and concerns about such platforms. Transactions could become irrevocable and permanent, with no refunds. These services can cause significant financial loss.

You are responsible for any transaction made using the platforms, apps, or services mentioned above. It is your responsibility to conduct independent research on any platform or third-party service, and also review all applicable terms, conditions and policies.

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