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Ethereum has long dominated the decentralized finance (DeFi) space as the leading smart contract platform, with a market capitalization of over $200 billion. However, the emergence of new solutions like Pandoshi aims to challenge Ethereum’s dominance through better scalability and lower fees.
What is Pandoshi?
Pandoshi is a new decentralized finance ecosystem built on blockchain technology. At the heart of Pandoshi is PandaChain, a layer 2 solution designed to offer scalability and low transaction fees compared to Ethereum.
The native utility token of Pandoshi is called PAMBO. PAMBO has a fixed total supply of 2 billion tokens, with 1 billion tokens allocated to an ongoing public presale. PAMBO serves as the ecosystem’s currency across products like the PandoshiSwap decentralized exchange (DEX) and Cardoshi crypto debit cards. It also has a deflationary mechanism where tokens get burned through the DEX, reducing overall supply.
The Pandoshi ecosystem plans to offer a range of DeFi products and services, including a multi-chain DEX, non-custodial wallet, metaverse game, crypto debit cards, and more, creating an all-encompassing platform for crypto users.
Scalability Advantages Over Ethereum
One of Pandoshi’s biggest advantages over Ethereum lies in the scalability and low fees offered by PandaChain. By utilizing layer 2 solutions, Pandoshi avoids the congestion, low throughput and exorbitant gas fees often faced by users on the Ethereum mainnet.
PandaChain uses cutting-edge technology like zkEVM rollups to achieve scalability and privacy. The platform will support higher speeds, improving on Ethereum’s 15 TPS. Transaction fees are also expected to be a fraction compared to Ethereum. These scalability features make Pandoshi better suited for fast and low-cost transactions.
As Ethereum continues to get bogged down by growing usage and soaring gas fees, users may soon start looking at more scalable alternatives like Pandoshi for their DeFi needs. By providing an entire ecosystem of products with a fast and affordable user experience, Pandoshi poses a viable threat to Ethereum’s market dominance.
Unlike most crypto projects, which are driven solely by founding teams and investors, Pandoshi embraces a community-focused approach through features like the governance token BAMBOO.
BAMBOO holders will be able to vote on the future development and governance policies for the Pandoshi ecosystem. This hands over greater decision-making powers directly to the community members. For users looking for a more decentralized ecosystem beyond Ethereum-focused DeFi, Pandoshi checks many of the right boxes.
PAMBO Token Public Presale
The public presale for PAMBO is currently underway, allowing investors to acquire the token before official listings begin on major centralized and decentralized exchanges, including Binance, Coinbase, and Uniswap.
PAMBO is currently in phase 5 of its presale, with 30% already sold. This is the final phase, with PAMBO priced at an affordable price of $0.01 per token.
Acquiring PAMBO tokens early through the public presale allows investors to benefit from substantial upside potential as launch and listing activity pick up in 2024. PAMBO presents an attractive investment opportunity for crypto investors looking beyond the saturated Ethereum ecosystem.
Click Here To Buy PAMBO Tokens
Visit the links below for more information about Pandoshi (PAMBO):