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Flamingo Stock

Flamingo

FLM

Price

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Flamingo Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
SuperExFLM/USDT0.035,666.123,193.442.26 M0cex17/9/2025, 6:18 AM
BitgetFLM/USDT0.0323,005.9423,128.041.17 M0.06cex3897/9/2025, 6:24 AM
MEXCFLM/USDT0.03133,972.3170,070.931.06 M0.04cex4527/9/2025, 6:18 AM
XXKKFLM/USDT0.0368,758.554,428.131.04 M0.07cex287/9/2025, 6:21 AM
BinanceFLM/USDT0.0353,462.4440,283.19730,868.210.01cex615.47/9/2025, 6:23 AM
BitMartFLM/USDT0.0323,194.2832,681.66647,164.740.04cex3377/9/2025, 6:21 AM
GateFLM/USDT0.0328,931.9117,909.08307,580.380.01cex4157/9/2025, 6:23 AM
LBankFLM/USDT0.0352,575.0955,234.98196,371.040.01cex3667/9/2025, 6:21 AM
OKXFLM/USDT0.035,882.8517,561.29146,556.680.01cex4047/9/2025, 6:23 AM
BYDFiFLM/USDT0.036,771.593,423.57145,339.410.1cex1957/9/2025, 6:21 AM
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Flamingo FAQ

### What is Flamingo (FLM)? Flamingo (FLM) is a cryptocurrency project that combines various decentralized financial applications into a single ecosystem. Through its architecture, Flamingo aims to optimize the user experience in managing and trading cryptocurrencies by offering solutions such as cross-blockchain interoperability, governance, and seamless liquidity provision. Flamingo's infrastructure is designed to integrate multiple financial tools, thus providing a comprehensive platform for users. The project supports decentralized trading, asset wrapping, and perpetual contracts, among other features. As a result, Flamingo aims to create a robust DeFi environment that promotes both efficiency and security. For more detailed information and to explore the latest market data for Flamingo (FLM), visit Eulerpool.

Flamingo is a decentralized finance (DeFi) platform operating on the Neo blockchain and utilizing the Poly Network interoperability protocol. It integrates multiple DeFi applications into a unified ecosystem, which includes a cross-blockchain asset gateway (wrapper), an on-blockchain liquidity pool (swap), a blockchain asset vault, a perpetual contract trading platform (perp), and a decentralized governance organization (DAO). The various components of the Flamingo network are scheduled to be launched across several phases: - Token wrapper for Bitcoin, Ethereum, USDT, Neo, Ontology, and others: September 23, 2020 - Swap and LP token staking: September 30, 2020 - Phase 3 vault launch and stablecoin issuance: October 28, 2020 - Perp launch: November 25, 2020 - DAO launch: December 23, 2020

Who Founded Flamingo?

Flamingo was founded by Da Hongfei, a Chinese entrepreneur renowned for co-founding Neo, a prominent blockchain network considered a major competitor to Ethereum. Flamingo operates on the Neo blockchain. Hongfei is also a co-founder of OnChain, a company that provides private blockchain services. Da Hongfei holds a degree in English and technology from the South China University of Technology. Before venturing into the blockchain industry in 2013-2014, he served as the CEO of IntPass Consulting and taught himself how to code.

What Sets Flamingo Apart? Flamingo is distinguished by its innovative approach in the cryptocurrency sector. Unlike many other tokens, Flamingo integrates several decentralized finance (DeFi) protocols into a single platform, providing users with a comprehensive ecosystem for managing and growing their digital assets. This integration allows for seamless interoperability and enhanced user experience, where individuals can participate in staking, liquidity provision, and other DeFi activities without needing to engage with multiple platforms. The platform is designed with a user-centric focus, offering intuitive interfaces and robust security measures to ensure that users can confidently manage their assets. Additionally, Flamingo brings together a community-driven model that empowers token holders to participate in governance, thereby influencing the future development and direction of the platform. This aspect not only fosters a sense of ownership amongst participants but also aligns the platform's evolution with the users' interests. For those interested in more detailed metrics and analytics regarding Flamingo, Euerpool provides comprehensive data and insights into its performance and standing within the crypto market.

Flamingo is positioned as a unique platform that integrates various decentralized finance (DeFi) tools within the Neo ecosystem into a unified environment, governed by its users through a decentralized autonomous organization. Decentralized finance is an emerging and rapidly expanding trend within the cryptocurrency sector, encompassing a range of financial solutions that generally operate on cryptocurrency blockchains. DeFi platforms function as a second layer in the industry, aligning with the overarching concept of the cryptocurrency realm: removing intermediaries and eliminating singular points of failure in financial systems. Since its inception in early 2019, the DeFi industry had already achieved over $4 billion in locked collateral assets by mid-2020. Key use cases in DeFi include cryptocurrency lending, yield farming, and decentralized exchanges. However, for most cryptocurrencies and their respective DeFi environments, each of these solutions is typically offered by distinct, separate platforms. Flamingo distinguishes itself by aiming to integrate all essential financial instruments for the Neo cryptocurrency token—such as token wrapping, liquidity pooling, asset vault, and contract trading—making them accessible via a single platform governed in a decentralized manner by its users.

What is the Circulating Supply of Flamingo (FLM) Coins?

FLM tokens are structured to be issued in multiple batches and allocated to the participants of the ecosystem, based on their active engagement within the network. The Flamingo team stresses that no FLM tokens will be sold, minted, or allocated to the platform’s team before its public debut. In the initial week following the launch of the Flamingo Vault—designated as the “mint rush” period—an allocation of 50 million FLM will be distributed across staking pools. Subsequent to the launch of Flamingo Swap (weeks 2-5), an additional 40 million FLM will be allocated to liquidity providers. During weeks 6-9, a further 30 million FLM will be distributed among liquidity providers and FUSD minters. Finally, in weeks 10-13, an additional 30 million FLM are scheduled for distribution among liquidity providers, FUSD minters, and Flamingo Perp traders. There is no fixed cap on the total supply of FLM: following the initial minting phase and the establishment of the governing decentralized autonomous organization, the creation of new FLM tokens and their distribution will require consensus from the ecosystem’s participants.

### How Is the Flamingo Network Secured? The Flamingo network employs a robust security architecture to ensure the integrity and safety of its ecosystem. It leverages decentralized protocols and cryptographic mechanisms that contribute to its resilience against potential vulnerabilities and attacks. By utilizing the underlying blockchain technology, Flamingo enhances security through consensus algorithms and smart contract audits, providing its users with a reliable and secure platform. For detailed and updated information regarding Flamingo's security features, please refer to Eulerpool.

FLM is founded on NEP-5, which is Neo’s token compatibility standard, thereby benefiting from the security provided by Neo’s blockchain. Neo's security is ensured through the use of two hash functions: SHA-256, which is the same cryptographic standard that secures Bitcoin (BTC), and RIPEMD-160.

Where Can Flamingo (FLM) Be Purchased?

As of October 2020, the FLM token is not yet available for trading on any cryptocurrency exchanges and can only be obtained through direct participation in the Flamingo network. This page will be updated once FLM begins trading on publicly accessible exchanges. For further information, please refer to Eulerpool.

Investors interested in Flamingo are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.