Key Takeaways
- Dango Exchange is a decentralized finance platform built on its own Layer-1 blockchain, supporting Ethereum, Base, Polygon, Arbitrum, and more, offering novel leverage capabilities and native finality without wrapped bridges.
- It provides a fully on-chain Central Limit Order Book (CLOB), MEV-resistant trading, passive yield for retail, and transparent price discovery, aiming to simplify and enhance the DeFi trading experience.
- Dango is currently in Testnet 2.0, featuring trading tasks and Galxe campaigns with rewards like OATs and NFTs, fostering community participation and testing of features like swaps and digital identity.
Disclaimer: Crypto airdrops are promotional events where tokens are distributed to existing holders of a cryptocurrency or to individuals who meet certain criteria. While airdrops can be a way to acquire tokens at no cost, they also involve risks. There’s no guarantee that the airdropped tokens will increase in value, and there may be associated fees or requirements. Additionally, airdrops can be susceptible to scams and phishing attempts. Always exercise caution and verify the legitimacy of any airdrop opportunity before participating.
What Is Dango?
Dango Exchange is a DeFi platform focused on revolutionizing on-chain trading through innovative leverage capabilities and a user-friendly, next-generation interface.
Operating on Ethereum Layer-2 networks like Base, Arbitrum, Optimism, Polygon, and BSC, it aims to provide seamless trading experiences with features like a Central Limit Order Book (CLOB) and token swaps, as seen in its Testnet phases.
Dango has garnered attention through community-driven initiatives, including airdrop campaigns and Galxe quests, where users can earn rewards like NFTs and OATs by participating in tasks such as trading and social media engagement.
With a total token supply allocation for community rewards and a passionate developer community, Dango emphasizes accessibility and engagement, though it remains in early development stages with ongoing testnet improvements.
Dango Raises $3.6M From Hack VC, Lemniscap, Delphi Ventures, Others
Dango Exchange raised $3.6 million in a seed funding round in November 2024 to advance its next-generation DeFi platform.
The round was led by prominent investors Hack VC and Lemniscap, with participation from Delphi Ventures, Cherry Crypto, Interop, and Public Works, signaling strong confidence in Dango’s vision to simplify and enhance DeFi accessibility through its unique account system and multi-chain architecture (leveraging Ethereum, Base, Polygon, and Arbitrum).
The funds are being utilized to support development, testnet operations, and community engagement initiatives, including airdrop campaigns via platforms like Galxe and CryptoRank to reward early adopters and stress-test platform functionalities.
How To Participate In The Dango Testnet 2.0?
To join:
👉 STEP 1: Head over to https://test-portal.dango.exchange/ and read the message from the Founder.
👉 STEP 2: Sign in with your Web3 wallet.
👉 STEP 3: Test and engage with the platform through Transfer, Convert, and Trading features.
👉 STEP 4: Head over to https://app.galxe.com/quest/dango/GCMTJtfErm and complete Dango’s Galxe tasks.
👉 STEP 5: Keep an eye on official announcements and hope for the best!
Final Thoughts
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