What is Panda Finance?
Panda Finance is a completely decentralized exchange protocol that allows startups and project owners to auction their tokens to increase liquidity.
Token name: Panda
Type: ERC20
Total supply: 100,000,000
As the blockchain cryptocurrency community gets closer and closer to absolute decentralization, Panda empowers innovators at the pre-IPO stage, bringing them closer to early investors. On the other hand, investors can use the Panda platform to discover promising and disruptive projects with high potential value. In this sense, the platform provides investors with a safe and intuitive way to obtain considerable long-term returns from their assets.
The main features of Panda:
l Customizable pool options can ensure correlation with a wide range of blockchain-based projects and application cases, as well as multi-chain integration and support.
l The long-term goal of establishing Panda is to achieve a unified interface with cross-chain interaction and other functions, a powerful, fully decentralized, non-custodial and untrusted ecosystem based on Solidity-based smart contracts.
l Interactive, intuitive, and responsive UI, coded in React to provide a smooth and seamless user experience.
Panda's application case:
l Liquidity guidance: Innovators can use the Panda platform to initiate token auctions to generate liquidity for their DEX lists. Although the platform is most relevant to earlier projects, any blockchain-based project can similarly use the platform.
l Over-the-counter trading: The Panda platform can also be used as a market for a wide range of encrypted over-the-counter trading, thereby strengthening the widespread adoption of DeFi.
l Generate income: Investors can participate in auctions held on the Panda platform to generate passive income from their ETH and DAI holdings (in the MVP stage) by providing liquidity to the auction project.
l Non-fungible token (NFT) auction: NFT-based projects can initiate dynamic ratio auctions on the Panda platform, providing liquidity providers with multiple options.
In addition, Panda integrates the Web3 library to access continuous feedback of on-chain data, enabling the necessary upgrades to achieve the best consistency. Use Ganache to unit test the smart contract and network (developed in Truffle) code to ensure the best error resistance and security. The continuous and multi-level incentive mechanism promotes the recurring benefits of investors, liquidity providers and users.
Sounds interesting I might take a look
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