Panana Finance launches on Arbitrum mainnet

Panana Finance launches on Arbitrum mainnet

London, UK, May 21, 2024, Chainwire

Panana Finance has introduced private beta access, allowing users to trade both cryptocurrencies and real-world assets on the platform.

A new era of decentralized transactions

Panana Finance is a decentralized exchange (DEX) designed to power perpetual trading and bridge the gap between traditional finance and the digital economy. The platform offers a wide range of trading pairs, including cryptocurrencies, forex, and commodities, providing users with a diverse trading experience.

Empowering Traders: A Democratic Revolution at Panana Finance

At the heart of the financial revolution, Panana Finance stands out as a beacon of collective empowerment. This isn't just another platform. It is a 100% community-owned project that breaks the mold. With no venture capitalists in sight, every decision, every change, and every new feature is driven by the very people who use it. This is not just a trading platform. It is a platform for merchants, by merchants. Here, every member has the power to shape the future, making Panana Finance a true democracy in the digital age.

A revolution in liquidity provision

The platform uses a hybrid market-making model that combines institutional expertise with community-driven liquidity. This approach aims to provide effective liquidity across a variety of trading pairs, creating a seamless trading environment suitable for both experienced and new traders.

Vision Initiatives on the Horizon

Panana Finance's future plans include launching a DAO-based token that allows users to participate in governance and introducing tiered NFTs linked to trading volume that offer exclusive benefits and rewards.

Exclusive private beta access

Panana Finance's private beta launches on Arbitrum mainnet. Approximately 20,000 eligible traders in the Arbitrum ecosystem will have the opportunity to claim one of 3,000 invitation codes. Those who have been active on the Arbitrum perpetual DEX or have made significant deposits on the Hyperliquid Arbitrum bridge may be eligible to receive these limited invitation codes.

Private beta whitelist criteria:

  • Users have traded at least $50,000 in volume on the Arbitrum perpetual DEX (including GMX, Gains, Mux and HMX) between 12:00 AM on January 1, 2024 and 12:00 AM on April 1, 2024 (UTC). You deposited at least $5,000 into the Hyperliquid Arbitrum bridge before 12:00 AM UTC on April 1, 2024.
  • Panana Finance testnet participant.

Benefits of Participating in Closed Beta

Private beta participants will have early access to the platform and the opportunity to earn Panana Points through trading, achieving milestones, and referring new users. These points will provide you with future rewards and advantages.

Panana Points will offer more use cases in the future, so stay tuned.

How to Participate

Eligible users can check their status and request an invitation code on the Panana Finance website. Additional opportunities to earn invitation codes will be available through Panana's social media and community channels.

Users who are unable to request an invitation code through the Panana platform can participate by following Panana's X account and joining the Discord community, where additional invitation codes will be distributed through various giveaways.

revolutionize trading

Panana Finance aims to redefine trading by providing a platform that emphasizes decentralization, liquidity, and community empowerment.

Introduction to Panana Finance

Panana Finance is Arbitrum's community-driven perpetual DEX that allows users to trade real-world assets such as cryptocurrencies and forex for potential instruments without any funding fees.

For more information, visit the official website | discord | X

contact

marketing leads
jack williamson
Panana Finance
(email protected)

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