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Flamingo

FLM

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Market

Market stats

Market cap

$45.3M

Volume (24h)

$1.9M

Circulating supply

537.8M FLM

All time high

$1.24

Price change (1h)

-0.12%

Price change (24h)

-0.04%

Price change (7d)

+1.77%

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

About Flamingo

What Is Flamingo (FLM)? 

Flamingo is a platform based on DeFi, whereby users can convert and wrap assets, provide liquidity and earn yield through staking. Wrapping is the process of fixing the value of a cryptocurrency to the value of another token or assets like stocks, gold, shares, or real estate, which is then newly minted for transacting on other platforms. Flamingo is a project launched by NEO Global Development, the execution arm of Neo Foundation. Neo Foundation is an organization that provides a network based on blockchain technology for digitizing assets and managing such assets automatically through smart contracts.

According to the litepaper of Flamingo, the platform consists of several functions like Convert, Add and Remove liquidity, and Stake and Unstake tokens. Convert is the on-chain Automated Market Maker (AMM) of Flamingo. The function aims to enable users to swap any token. The Add liquidity feature of the Flamingo platform enables users to provide liquidity to Liquidity Pools (LP).

The Stake and Unstake feature of the platform aims to help the users to stake their LP tokens for earning rewards in FLM, the governance token of the Flamingo platform. Moreover, the feature also allows the users to unstake their LP tokens at any time. A user who unstakes his tokens still owns it. However, he can remove liquidity at any time for swapping LP tokens back to the corresponding assets.

The Earn module of the Flamingo platform enables the users to view the tokens that are available for staking on the platform. Besides, the users can check their current staked tokens and their value. The Invest module of the platform helps users find projects that aim to launch their tokens for public sale.

The Flamingo token (FLM) is the reward token of the Flamingo platform. Users can earn the token by adding liquidity to the liquidity pools. The FLM token holders can participate in the governance of the Flamingo platform through voting in DAO. The litepaper of Flamingo claims that the team further aims to provide the services of lending, insurance, and asset management to the users of the Flamingo platform.

History of Flamingo (FLM)

The litepaper of Flamingo was launched in February 2022. The total supply of FLM is 50,000,000.

News

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CoinDesk • Dec 01, 23

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Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to come out on whether the company will be allowed to launch a spot bitcoin [BTC] exchange-traded-fund (ETF).

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Bitcoin Magazine • Dec 01, 23

De Guevara Is Bitcoin Country’s Interim President As Bukele Steps Down To Run

President Bukele has received legal permission to step down and run for re-election, with an interim president appointed to finish the rest of his first term.

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The Defiant • Dec 01, 23

Circle Says It ‘Does Not Bank’ Justin Sun

USDC issuer Circle says in a letter to US Senators that it doesn’t finance illegal actors.

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DL News • Dec 01, 23

Grayscale taps Invesco ETF veteran as it preps to convert Bitcoin Trust

Digital asset manager Grayscale has hired Invesco's former head of US ETF business.

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BeInCrypto • Dec 01, 23

TMNG Tokens Successfully Listed on MEXC Crypto Exchange

TMN Global proudly announces the successful listing of its native TMNG token on the MEXC crypto exchange, effective Dec. 1. This strategic partnership marks a significant milestone for TMN Global in the crypto space. EREA World AG partnered with Europäische Metallhandels (EMH) AG to develop a cry...

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Advanced trading pairs

Here is a selection of advanced trading pairs that people watch and convert

CBETH-ETH

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1 cbETH equals 1.05531 ETH

LSETH-ETH

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1 LSETH equals 1.03043 ETH

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1 SOL equals 0.02909 ETH

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1 ASM equals 0.00994 USDT

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ETH-USDT

1 ETH equals 2,090.99 USDT

Coinbase Bytes

Coinbase Bytes

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Flamingo is on the rise this week.

The price of Flamingo has risen by 1.77% in the past 7 days. The price declined by 0.04% in the last 24 hours. In just the past hour, the price shrunk by 0.12%. The current price is $0.0843 per FLM. Flamingo is 93.20% below the all time high of $1.24.

The current circulating supply is 537,757,962.696 FLM.

FAQ

What is the current price of Flamingo?

We update our Flamingo to USD currency in real-time. Get the live price of Flamingo on Coinbase.

What is the market cap of Flamingo?

The current market cap of Flamingo is $45.35M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Flamingo?

The all-time high of Flamingo is $1.24. This all-time high is highest price paid for Flamingo since it was launched.

What is the 24 hour trading volume of Flamingo?

Over the last 24 hours, the trading volume of Flamingo is $1.90M.

What other assets are similar to Flamingo?

Assets that have a similar market cap to Flamingo include FLEX, Persistence, sUSD, and many others. To see a full list, see our comparable market cap assets.

How many Flamingo are there?

The current circulating supply of Flamingo is 538 million.

Can I buy Flamingo on Coinbase?

No, Flamingo is not currently available on Coinbase, but you can sign up to get the latest news on Flamingo and be notified when it gets added to our exchange.

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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.