Flamingo Finance is a decentralised finance (DeFi) platform built on the Neo blockchain. It offers a range of services, including token conversion, liquidity management, and yield-generating staking. It incorporates advanced features for transaction efficiency and cross-chain interoperability.
Flamingo Finance operates through several components integrated into a single DeFi ecosystem. It uses smart contracts on the Neo blockchain to automate transactions and employs the Poly Network interoperability protocol to enable cross-chain transactions. The platform features a cross-blockchain asset gateway, a liquidity pool, an asset vault, perpetual contracts, and a decentralised governance organisation (DAO).
Flamingo Finance's use cases include:
Flamingo Finance was launched in September 2020, incubated by Neo Global Development (NGD). Within a week of launch, it reached over $1.5 billion in total value locked (TVL). In October 2021, the project transitioned to MyMingo for further development and management. Significant advancements include the implementation of a governance mechanism through DAO and the introduction of various features to enhance platform capabilities.
The Flamingo Finance price is $0.16536432 AUD, representing a +1.39% from the day prior.
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The trading volume of Flamingo Finance (FLM) is $13.6M AUD in the last 24hrs, representing a +1.39% from the day prior.
Flamingo Finance (FLM) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of Flamingo Finance (FLM) is $104.7M AUD.
Yes - With Coinstash you can convert your Flamingo Finance (FLM) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of Flamingo Finance (FLM) is 635.9M.
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