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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.
IntoTheBlock is an intelligence company that uses machine learning and statistical modeling to deliver actionable intelligence for crypto assets.Explore Flamingo