FLM will be listed on Jubi. Open for FLM/USDT trading pair: 21:00 (UTC+8), Sep 27th, 2020.
The deposits and withdrawals of FLM are now available.
Flamingo is an interoperable, full-stack decentralized finance protocol built on the Neo blockchain. Flamingo is comprised of five main components, including Wrapper - a crosschain asset gateway, Swap - an on-chain liquidity provider, Vault - a one-stop asset manager, Perp - an AMM-based perpetual contract trading platform, and also DAO - a decentralized governance mechanism. FLM is the governance token of Flamingo and will be 100% distributed to the community based on participation.
The Flamingo project is incubated by Neo Global Development* (NGD), underscoring Neo's vision to build the Smart Economy, of which decentralized finance is a crucial component. NGD will facilitate the early-stage development of the Flamingo project, and the governance mechanism will gradually transit from Proof-of-Authority (POA) to DAO. The Flamingo project will eventually run by the community.
*Neo Global Development (NGD) is the execution arm under Neo Foundation.
(1) Token symbol: FLM
(2) Token: NEP-5
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Sep 27th, 2020
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