FAQ

1. Is Panda an aggregator or just an AMM? Both — Panda aggregates Solana liquidity for best price execution and also presents an AMM-style experience with advanced order tooling.

2. Do I need to configure slippage and fees manually? Defaults work for most swaps; power users can tune Slippage and Priority fee in Settings.

3. What makes Panda Pad “rug-proof”? No team tokens or hidden presales, auto LP migration at $65K MC to Raydium, and permanent LP lock with vesting/penalties to deter early dumps.

4. Is Panda non-custodial? Yes—swaps execute directly from your wallet; Panda never takes custody of your assets.

5. Where do staking rewards come from? From platform economics: a share of Panda’s fees plus referral boosts and program incentives—paid in SOL to avoid emission-only “ponzinomics.”

6. Which wallets can I use? Any Solana Wallet Standard wallet (e.g., Phantom, Solflare, MetaMask). Connect via desktop browser or a mobile dApp browser.

7. What fees do I pay per trade? A tiny Solana network fee, an optional priority fee you control, and Panda’s aggregator fee (see Fee Structure). No hidden spreads—“Minimum Received” is shown before you confirm.

8. How do limit/stop orders & “sell buttons” work? You pre-set targets; when prices meet your criteria, Panda routes a swap using your saved settings. Always verify in-app before execution and keep your settings up to date.

9. Is KYC required? Any geo restrictions? Swapping is non-custodial and typically KYC-free, but you must follow our Terms of Use. Some jurisdictions are restricted—do not use a VPN to bypass any prohibition.

10. Panda Pad security — can teams still rug? PandaPad removes team allocations, auto-migrates and locks LP on Raydium at the threshold. Still, verify each launch’s mint authority, vesting, and parameters in-app before buying.