Flamingo Finance

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.

The Flamingo team is relentlessly ramping up the final testing and optimization of various product modules. In order to ensure the ultimate safety of relevant yield strategies, the team has decided to delay the launch date of Flamincome — The Ultimate Yield Booster on Ethereum to 23rd September. The launch dates of Flamingo modules remain unchanged.