Difference between revisions of "Pangolin (PNG)"
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*Scored a [https://defisafety.com/2021/07/15/pangolin/ 34%] on [[DeFi Safety]] (15-7-2021): | *Scored a [https://defisafety.com/2021/07/15/pangolin/ 34%] on [[DeFi Safety]] (15-7-2021): | ||
''"They have not done any audits because they are a fork of Compound and Uniswap: two very audited protocols.'' | ''"They have not done any audits because they are a [[fork]] of [[Compound]] and [[Uniswap]]: two very audited protocols.'' | ||
* Since then they did get [https://docs.pangolin.exchange/pangolin-verified/security audits] (2-2022). | |||
===Bugs/Exploits=== | ===Bugs/Exploits=== | ||
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*[https://www.coindesk.com/avalanche-developers-rush-client-patch-as-bug-slows-avalanche-transactions From] [[CoinDesk]] (12-2-2021): | *[https://www.coindesk.com/avalanche-developers-rush-client-patch-as-bug-slows-avalanche-transactions From] [[CoinDesk]] (12-2-2021): | ||
''"The [[Avalanche (AVAX)|Avalanche]] network has come to a [https://explorer.avax.network/ near halt] after “a bug in the [[cross-chain]] functionality” code that enables the Avalanche protocol and the Ethereum Virtual Machine ([[EVM]]) to speak with each other failed under high loads, according to the Avalanche developer team on [https://www.reddit.com/r/Avax/comments/lhflo9/update_on_the_network_state/ Reddit]. The release of Avalanche‘s newest decentralized finance ([[DeFi]]) product, money market Pangolin, snowballed into “insane load” for the network, which further “triggered a very low probability bug that produced a bad [[state]] in the network,” the team said on Reddit. The ability to send transactions has crawled to a halt with some users reporting wait times of up to four hours for finalizing a transaction. Funds are safe, however."'' | ''"The [[Avalanche (AVAX)|Avalanche]] network has come to a [https://explorer.avax.network/ near halt] after “a bug in the [[cross-chain]] functionality” code that enables the Avalanche protocol and the [[Ethereum]] [[Virtual Machine]] ([[EVM]]) to speak with each other failed under high loads, according to the Avalanche developer team on [https://www.reddit.com/r/Avax/comments/lhflo9/update_on_the_network_state/ Reddit]. The release of Avalanche‘s newest [[decentralized]] finance ([[DeFi]]) product, money market Pangolin, snowballed into “insane load” for the network, which further “triggered a very low probability bug that produced a bad [[state]] in the network,” the team said on [[Reddit]]. The ability to send [[transactions]] has crawled to a halt with some users reporting wait times of up to four hours for finalizing a [[transaction]]. Funds are safe, however."'' | ||
==Governance== | ==Governance== | ||
===Admin Keys=== | ===Admin Keys=== | ||
* [https://docs.defisafety.com/finished-reviews/pangolin-process-quality-review#audits According] to [[DeFi Safety]], contracts are '[https://gov.pangolin.exchange/t/how-governance-works/1082/2 clearly labelled] as upgradable' (15-7-2021) and: | * [https://docs.defisafety.com/finished-reviews/pangolin-process-quality-review#audits According] to [[DeFi Safety]], [[contracts]] are '[https://gov.pangolin.exchange/t/how-governance-works/1082/2 clearly labelled] as upgradable' (15-7-2021) and: | ||
''"No Pause Control info in their documentation and no testing evidence found in their [[Github|GitHub]]."'' | ''"No Pause Control info in their documentation and no testing evidence found in their [[Github|GitHub]]."'' | ||
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From the [https://pangolin.exchange/litepaper/#png-governance docs] (16-7-2021): | From the [https://pangolin.exchange/litepaper/#png-governance docs] (16-7-2021): | ||
''"Pangolin governance will be live three months after launch and will enable several key actions, including:'' | ''"Pangolin [[governance]] will be live three months after launch and will enable several key actions, including:'' | ||
# ''Modifications to the liquidity pools'' | # ''Modifications to the [[liquidity]] pools'' | ||
# ''Fee Switch"'' | # ''Fee Switch"'' | ||
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Making these free wiki pages is fun but takes a lot of effort and time. | Making these free wiki pages is fun but takes a lot of effort and time. | ||
If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information. | If you have enjoyed reading, tips are appreciated :) This will help us to [[keep]] expanding this archive of information. | ||
[[ETH]] tip [[address]]: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31 | [[ETH]] tip [[address]]: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31 | ||
Revision as of 09:12, 7 March 2022
Basics
- Started in / Announced on:
- Based in:
- Mainnet release:
History
Audits & Exploits
- Bug bounty program can be found here (15-7-2021) Is 100k or over and is an active program.
- Scored a 34% on DeFi Safety (15-7-2021):
"They have not done any audits because they are a fork of Compound and Uniswap: two very audited protocols.
- Since then they did get audits (2-2022).
Bugs/Exploits
"The Avalanche network has come to a near halt after “a bug in the cross-chain functionality” code that enables the Avalanche protocol and the Ethereum Virtual Machine (EVM) to speak with each other failed under high loads, according to the Avalanche developer team on Reddit. The release of Avalanche‘s newest decentralized finance (DeFi) product, money market Pangolin, snowballed into “insane load” for the network, which further “triggered a very low probability bug that produced a bad state in the network,” the team said on Reddit. The ability to send transactions has crawled to a halt with some users reporting wait times of up to four hours for finalizing a transaction. Funds are safe, however."
Governance
Admin Keys
- According to DeFi Safety, contracts are 'clearly labelled as upgradable' (15-7-2021) and:
"No Pause Control info in their documentation and no testing evidence found in their GitHub."
DAO
From the docs (16-7-2021):
"Pangolin governance will be live three months after launch and will enable several key actions, including:
- Modifications to the liquidity pools
- Fee Switch"
Treasury
Token
Launch
Token Allocation
Utility
Other Details
Stablecoin
Coin Distribution
Technology
- Whitepaper can be found [insert here].
- Litepaper can be read here.
- Code can be viewed [insert here].
- Built on: Avalanche
How it works
Mining
Staking
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
Privacy Method
Compliance
Their Other Projects
Upgrades
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding, Partnerships, etc.
Team
- Full team can be found [here].
Funding
Partners
(:
Knowledge empowers all and will help us get closer to the decentralised world we all want to live in!
Making these free wiki pages is fun but takes a lot of effort and time.
If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.
ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31
Also check out CoinTr.ee for more content.
