As the Project Manager at Pangolin, I spearheaded our ambitious crosschain initiative to establish a sustainable treasury. This strategic move was designed to enhance Pangolin’s infrastructure and broaden our reach across multiple blockchain ecosystems.
The project was segmented into four critical steps, with the integration into Hedera being the most challenging due to its non-Ethereum Virtual Machine (EVM) nature. The goal was to ensure seamless functionality across different chains while maintaining the integrity and security of the platform.
Design and Pre-Launch Strategy:
In collaboration with Ahmet Yatğin, we crafted distinct token designs for each chain, ensuring a fresh and chain-specific appeal while maintaining brand consistency. Meticulous planning was paramount to execute the integrations. I developed a comprehensive plan detailing each step and communicated it effectively with the team to ensure that everyone was aligned and prepared for a successful launch.
Execution and Launch:
The coin launch was a critical moment for Pangolin, requiring precision and confidentiality to prevent any potential unfair advantage during the purchasing process. Our team congregated in a ‘war room’ scenario, focusing intensely on executing a flawless launch. By controlling information on a strict need-to-know basis, we achieved an equitable and punctual token release as promised to our community.
Challenge and Response:
Upon launching on the Hedera chain, we encountered several compatibility issues due to its unique architecture. The launch, while challenging, provided us with immediate insights into prioritizing and addressing these issues. Within days, we developed a focused roadmap, tackled the bugs in order of priority, and restored full functionality to our decentralized exchange (DEX).
Learnings and Successes:
This project was a profound learning experience for me, emphasizing the criticality of detailed planning, team coordination, and agile response to unforeseen challenges. The skills honed during this project—strategic foresight, clear communication, and crisis management—have since become integral to my project management acumen.
The successful crosschain integration not only fortified Pangolin’s position in the DeFi marketplace but also showcased our team’s ability to adapt, innovate, and execute under pressure. The project stands as a testament to our dedication to providing a resilient and user-centric DeFi platform.