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Flamingo

FLM

About Flamingo

Flamingo (FLM) is a decentralized finance (DeFi) platform that operates on the Neo blockchain and the Poly Network interoperability protocol. It aims to integrate several DeFi applications into a single ecosystem, including a cross-blockchain asset gateway, an on-blockchain liquidity pool, a blockchain asset vault, a perpetual contract trading platform, and a decentralized governance organization. Flamingo aims to provide a unified platform that combines multiple decentralized finance tools for Neo into a common ecosystem, which is intended to be governed by its users via a decentralized autonomous organization.

Flamingo operates by combining key financial instruments for the Neo cryptocurrency token, such as token wrapping, liquidity pooling, asset vault, and contract trading, and making them accessible via a single platform. This platform is designed to be governed by its users in a decentralized manner. FLM tokens, the native currency of the Flamingo platform, are intended to be issued in several batches and distributed among the ecosystem's participants based on their actual participation in the network. The Flamingo team emphasizes that no FLM tokens will be allocated to the platform's team prior to its public launch.

Flamingo aims to serve as a comprehensive platform for decentralized finance solutions. Some of the main use cases in DeFi that Flamingo seeks to address include cryptocurrency lending, yield farming, and decentralized exchanges. Unlike most cryptocurrencies and their respective DeFi environments, where each of these solutions is usually provided by a single separate platform, Flamingo aims to combine all these key financial instruments for the Neo cryptocurrency token and make them available via a single platform. This platform is intended to be governed by its users in a decentralized way, providing a unique advantage in the DeFi space.

Flamingo was founded by Da Hongfei, a Chinese entrepreneur also known for co-founding the blockchain network Neo, on which Flamingo is based. Hongfei has also co-founded OnChain, a private blockchain services company. He has a degree in English and technology from the South China University of Technology and taught himself how to code, entering the blockchain scene in 2013-2014. The different components of the Flamingo network were launched in several phases, starting with the token wrapper in September 2020, followed by the swap and LP token staking, the vault launch and stablecoin issuance, the Perp launch, and finally the DAO launch in December 2020.

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Market

Market stats

Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more

Market cap

$34.8M

Volume (24h)

$1.1M

Circulating supply

628.2M FLM

All time high

$1.24

Market performance

Price change (1h)

+0.5%

Price change (1d)

+4.73%

Price change (1w)

+4.74%

Price change (2w)

-13.97%

Price change (1m)

-3.22%

Price change (1y)

-20.44%

Market benchmarks

Performance (1Y)

-18.54%

Vs. Market (1Y)

-60.5%

Vs. BTC (1Y)

-65.38%

Vs. ETH (1Y)

-48.81%

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Flamingo is on the rise this week.

The price of Flamingo has increased by 0.50% in the last hour and increased by 4.73% in the past 24 hours. Flamingo’s price has also risen by 4.74% in the past week. The current price is $0.0553 per FLM with a 24-hour trading volume of $1.06M. Currently, Flamingo is valued at 95.55% below its all time high of $1.24. This all-time high was the highest price paid for Flamingo since its launch.

The current circulating supply of Flamingo is 628,246,095.263 FLM which means that Flamingo has as total market cap of 628,246,095.263.

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 $34.75M. 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 $1.06M.

What other assets are similar to Flamingo?

Assets that have a similar market cap to Flamingo include Kin, Biswap, Neom, 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 628 million.