Why Canary is changing

As you know, we have always been striving to be more than just DEX. DeFi is very young industry so we thought of how to make it more accessible and easy for people to join as we strongly believe it is the future of finance. That is why we are building NewCanary — all-encompassing onboarding ecosystem. It already has its own CNR Token to experiment and earn with DeFi tools, BoogeyBirds to showcase how NFTs can be applied in DeFi, AVAX Prediction dApp to have some fun and Canary Academy to spread the knowledge and insights. We are also working on our upcoming GameFi initiative which is yet to be unveiled.

In #NewCanary we are focusing on deeper liquidity and more effective yield farming. To ensure our pools are deep enough and have more attention, we are moving them to Pangolin and TraderJoe. This move helps to expose $CNR to much bigger audience and also ensures unique double rewards based on the partnership with those two top DEXes. You will now be able to stake your Pangolin or TraderJoe LP tokens on #NewCanary and receive the reward in $PNG and $JOE while also earning $CNR. We will not have our own ‘Swap’ section anymore as in realty majority of people use aggregators such as YieldYak to get the best rates across DEXes.

#NewCanary also comes with a brand new look. We offer our community a clean and straightforward interface which gives you access to the necessary tools to farm and track your earnings plus you now can find all other Canary resources in one place.

Finally, here comes the airdrop! Those who’ll provide liquidity in $CNR paired pools at Pangolin and TraderJoe or stake $CNR on NewCanary will be eligible for the airdrop. Details on this will be shared very soon.

It is now the final countdown for NewCanary!

Planned launch date is February 6

Get ready and stay tuned 💛

Canary Team