As DeFi lending platform Vee. Finance strives to build partnerships with platforms across all blockchain networks. Therefore we are excited to announce our first partnership with Pangolin Exchange, a premier DEX on Avalanche Network.
With our partnership with Pangolin Exchange, Vee.Finance is excited to work together to scale DeFi Trading and liquidity from networks. Vee.Finance is the first DeFi lending + DEX platform based on the Avalanche public chain, with all processes relying on smart contracts for openness and transparency. The most remarkable one is Vee.Finance have integrated DEX and trading functions with Pangolin.
Users can go long or short position crypto asset on Vee.Finance, but first they need to deposit an asset backed by Vee.Finance as collateral, after which they will receive the corresponding interest and VEET rewards. Vee.Finance provides a trading scenario for lending users and offers traders a margin trading service, which greatly increases the frequency and size of lending and thus the efficiency of funding. The operational framework of Vee.Finance shows its efforts to integrate lending and trading with Pangolin. From Vee.Finance, users have access to a wider range of exposures.
Pangolin is a futuristic DEX that focuses on offering users the ability to trade assets based on Avalanche and Ethereum networks. it enables users to swap assets while enjoying sub-second transaction finality and transaction fees as low as a few cents, Contrary to Ethereum-based DEXs, Pangolin lowers the barriers to entry by offering low transaction costs and fast trade execution. The platform currently has a total volume of $1.26 billion and $158M in total liquidity.
About Vee Finance
Vee.Finance is a DeFi lending platform for traditional financial and crypto users. We are committed to bridging the gap between traditional finance and DeFi and providing users with better digital asset management services. Users can participate in deposits, loans, long and short positions, and as well as other functions. Our mission is to reduce barriers for traditional users to participate in DeFi and optimize the efficiency of global asset allocation.
About Pangolin Exchange
Pangolin Exchange is a community-driven decentralized exchange (DEX) with fast-settlement, low fees, and a democratic process. Built on the Avalanche Network. Pangolin brings you the best trading opportunities to find and maximize your yield. In a crowded marketplace with multiple contenders, Pangolin offers three critically important benefits: fast and cheap trades, community-driven development, and a fair and open token distribution.