The cryptocurrency world is abuzz with excitement surrounding Pandoshi (PAMBO) as analysts predict that a revolutionary new DeFi-focused project could emerge as the successor to Solana (SOL). This prediction is driven by Pandoshi’s impressive decentralized product lineup, strong deflationary token economics, and community-driven initiatives.
Pandoshi’s DeFi ecosystem takes shape
At its core, Pandoshi has a suite of decentralized products including PandoshiSwap, Pandoshi Wallet, PandaChain, and Cardoshi Crypto Cards. Analysts highlight that this carefully crafted ecosystem provides essential DeFi features while allowing for seamless interaction between decentralized apps.
Pandoshi’s decentralized exchange, PandoshiSwap, facilitates trading between cryptocurrencies and already supports top pairs such as PAMBO/ETH. PandoshiSwap implements a buy and burn mechanism for PAMBO, allowing the token to benefit from a deflationary economy.
Additionally, the long-awaited Pandoshi Wallet was also recently launched for Android users. The wallet provides secure PAMBO storage while also enabling interaction with Pandoshi’s products. iOS support is coming soon.
At its foundation is PandaChain, a POS layer 2 solution purpose-built to be home to all Pandoshi ecosystem products, lower transaction fees, and increase the burn rate of PAMBO. Pandoshi is also launching Cardoshi, a cryptocurrency debit card that allows real-world spending without KYC requirements.
Setting up powerful token economics to drive utilities
Unlike most cryptocurrencies, PAMBO utilizes carefully designed deflationary token economics featuring a purchase and burn mechanism for ecosystem products.
PAMBO has a total of 2 billion tokens, half of which were allocated to the nearly sold-out public pre-sale event. The remaining tokens are divided into DEX liquidity (20%), CEX liquidity (10%) and community rewards (20%) offerings.
PAMBO token burns will cease once 80% of the supply has been removed from circulation, and experts believe this will happen appropriately thanks to the numerous token burn mechanisms built into Pandoshi’s products. These deflationary characteristics are expected to result in significant value increases for PAMBO holders.
PAMBO will also be utilized as a utility token throughout the Pandoshi ecosystem, such as gas on PandaChain and in-game currency in future P2E releases. PAMBO’s diversified utility and aggressive supply reduction have analysts betting on a rise in price.
BAMBOO, the project’s governance token, will allow the community to actively participate in determining the future direction of Pandoshi. Analysts are convinced that with this degree of decentralization at both governance and operational levels, Pandoshi truly embodies the original vision of blockchain technology.
Bulls expect PAMBO to take market position on Eclipse Solana (SOL)
As Pandoshi’s emergence as a market-ready decentralized ecosystem tailored for the cryptocurrency community accelerates, analysts are speculating that it could dethrone Solana’s market position in the next 12 months.
They highlight how Solana, despite its amazing technology, has been faltering due to recent network outages, market downturns, and middling decentralization efforts. Pandoshi appears ready to bridge this gap. With pre-sales already in the final stages along with multiple working products, analysts claim the writing is already on the wall.
For now, it appears that Pandoshi is firmly in the driver’s seat as the decentralized app platform for the next cryptocurrency bull market, usurping Solana’s position in the market.
As a result, analysts expect PAMBO to aggressively outpace SOL in the coming year, delivering exponential returns to early adopters as real-world adoption accelerates.
Click here to purchase PAMBO tokens
For more information about Pandoshi (PAMBO), please take a look at the following links:
Homepage: https://pandoshi.com/
White paper: https://docs.pandoshi.com/