PNG is available for trading on Pangolin's decentralized exchange, as well as a growing number of centralized exchanges, such as [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [LBank](https://coinmarketcap.com/exchanges/lbank/), and [MEXC](https://coinmarketcap.com/exchanges/mxc/).

The Pangolin team is made up of experts in the fields of finance, economics, business, marketing, blockchain development, software development, design, and community building that are committed to building the world's leading decentralized trading platform and multi-chain hub. You can read more abou them in the [Pangolin Docs](https://docs.pangolin.exchange/pangolin/team).

PNG is capped at a supply of 230 million tokens. 83% of tokens,are dedicated to incentivizing Liquidity Providers on Pangolin.These are emitted to providers everyday until emissions end in Oct 2024. PNG token holders may stake their PNG and receive a share of protocol revenues. 0.0425% of all trades are paid to the PNG staking pool through regular token buybacks. This allows stakers to earn APR on their PNG with no [impermanent loss](https://coinmarketcap.com/alexandria/glossary/impermanent-loss).

The native governance token, PNG, enables the community to drive the development of the product in full. With a 100% community-focused token distribution model, all tokens are distributed directly to the community, without any allocations to advisors, investors, or insiders.

Pangolin is a multichain decentralized cryptocurrency exchange ([DEX](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex)) on the Avalanche Network. Through advanced tooling, deep liquidity, and smooth onboarding, Pangolin offers easy swaps and a great experience for projects and traders alike.