|
Title: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on July 03, 2022, 05:14:03 PM _______________________________________________________________________________ _
disclaimer: Hey guys, I just noticed there is no flamingo thread on bitcointalk and of course there should be one. I am not the owner or developer, just a participant in the project _______________________________________________________________________________ _ https://i.ibb.co/CspfC57y/flamingo-defi.jpg (https://ibb.co/JFW96R7T) Flamingo.Finance - Innovative DeFi on the NEO blockchain https://flamingo.finance/ Flamingo Docs (Flamingo Litepaper, How to Set Up a Neo Wallet, How to Buy FLM Tokens, Swap): ---- https://docs.flamingo.finance/ ---- Social Media: Twitter: https://twitter.com/FlamingoFinance (https://twitter.com/FlamingoFinance) Discord: https://discord.gg/flm (https://discord.gg/flm) Medium: https://medium.com/flamingo-finance/ (https://medium.com/flamingo-finance/) Reddit: https://www.reddit.com/r/FlamingoDeFi/ (https://www.reddit.com/r/FlamingoDeFi/) Telegram: https://t.me/flamingo_finance (https://t.me/flamingo_finance) YouTube: https://www.youtube.com/c/FlamingoFinance (https://www.youtube.com/c/FlamingoFinance) What is Flamingo (FLM)? https://i.ibb.co/jZ3SFW8H/flmlogo.jpg (https://imgbb.com/) Flamingo Finance is a Decentralized Finance (DeFi) platform where users can convert assets, wrap assets, provide liquidity, and earn yield through staking. The Flamingo token (FLM) functions as the rewards token users can earn by adding liquidity to liquidity pools and staking their liquidity pool tokens (LP tokens). Flamingo's SmartStake feature enables users to perform all of these actions in a single click. The platform facilitates automated transactions between cryptocurrency tokens on the Neo N3 blockchain through the use of smart contracts. The project was initially launched by Neo Global Development* (NGD), underscoring Neo's vision to build the Smart Economy, of which DeFi is a crucial component. It has been in development for almost 2 years!! *Neo Global Development (NGD) is the execution arm under Neo Foundation. https://coinmarketcap.com/currencies/flamingo/ FLM Tokenomics https://flamingo-1.gitbook.io/user-guide/v/master/flm-tokenomics There is a hard cap of 1 Billion FLM tokens, to be minted and released into circulation over the next 17 years. The total supply will be fully minted and released into circulation by the end of 2039. At the time of writing, 337.6 Million (about 1/3 of the total supply) FLM tokens have been minted and are in circulation. The current annual inflation rate (July) is 3.1%. Come December, 2022, the annual inflation rate will drop to 2.55%. The annual inflation rate will continue to decrease monthly until January, 2033. It will then drop again January, 2037, and again October, 2039. All 1 Billion FLM tokens will be minted and released by the end of 2039. Why Flamingo.Finance? https://i.ibb.co/mrj7WRc7/flm2.jpg (https://ibb.co/rKjJrQwJ) >>> Built on NEO - one of the fastest and best smart contract blockchains <<< >>> Trade like you would do on a CEX with Orderbook+ (a completely decentralized, on-chain, block-based orderbook on layer 1) <<< >>> Own Stablecoin FUSD (a decentralized, over-collateralized USD stablecoin) <<< >>> FLOCKS - A dividend-bearing asset (earn like a shareholder from plattform fees) <<< >>> Easy to use and innovative :o <<< >>> Useable on mobile via OneGate Mobile App - you can convert, stake, earn, claim rewards, and more, directly from your mobile device <<< >>> Flamingo Bug Bounty Program - up to $1,000,000 USD rewards (to ensure a safe and trustly platform) <<< >>> Great team behind it - which is improving the platform even while you´re reading this line <<< >>> 1st July 2022: Users can now buy crypto with fiat on Flamingo.Finance! "With Inst.Money, you can now buy crypto instantly. It’s fast, easy and secure, and right on Flamingo." <<< FUSD stablecoin https://i.ibb.co/mCQn7pft/fusd.jpg (https://imgbb.com/) - Launched 10th January 2023 - FUSD is a decentralized, over-collateralized USD stablecoin developed by Flamingo on the Neo N3 blockchain - The value of FUSD is backed by the most prominent Neo-N3 assets tradable on Flamingo — FLUND, bNEO and fWBTC. - FUSD can be generated by anyone whose connected wallet contains at least one of these tokens. Up to 35% of the value of the crypto assets used can be lent. Example: I have $10,000 worth of bitcoin and can now deposit it and mint up to $3500 worth of FUSD and lend it. Of course, interest is due (it’s a loan). You can read more about it here: https://flamingo-1.gitbook.io/user-guide/v/master/flamingo-stablecoin-fusd (https://flamingo-1.gitbook.io/user-guide/v/master/flamingo-stablecoin-fusd) An easy-to-understand video of the process is also available: https://youtu.be /CuXVS8odl-c (https://youtu.be /CuXVS8odl-c) - Learn more: https://medium.com/flamingo-finance/flamingo-finance-defi-releases-usd-stablecoin-fusd-49d61657a2c4 (https://medium.com/flamingo-finance/flamingo-finance-defi-releases-usd-stablecoin-fusd-49d61657a2c4) OrderBook+ - Updated OrderBook+ launched 6th March 2025 - After years of pure innovation, Flamingo has done what has never been done before: built a completely decentralized, on-chain, block-based orderbook on layer 1. > The first of it´s kind in the whole crypto space! < - On Flamingo’s OrderBook+, you can now trade like you’ve never traded before, with fully decentralized order matching. - Traders can expect to be able to make limit and market orders with enhanced liquidity routing mechanisms, right on the Neo N3 blockchain. - Trade on a DEX like you would trade on a CEX! Flamingo’s OrderBook+ combines the powers of an Automated Market Maker (AMM) and limit orders to create optimal decentralized trading conditions. The result is an orderbook with zero-spread and automated market making whilst letting users still trade like they are used to by placing limit orders. - OrderBook+ allows users to create limit orders for any trading pair on the Flamingo Decentralized Exchange (DEX). A limit order is an order to buy or sell a token at a specific price or better. Just set a bid-price or ask-price and wait for your order to be executed Read more here: https://medium.com/flamingo-finance/experience-the-future-of-defi-with-flamingos-orderbook-2-0-now-live-on-mainnet-bbc1babafc15 https://i.ibb.co/rK5LcZwq/orderbook.jpg (https://ibb.co/bjNy2rKY) FLOCKS - BURN-TO-EARN https://i.ibb.co/5gyrqZt8/flocks.jpg (https://ibb.co/jP2y7tBM) 25 March 2025: It´s finally here! FLOCKS has launched! Another huge innovation and milestone in the crypto space. "FLOCKS is Flamingo’s dividend-bearing asset. Owning FLOCKS tokens can be seen as owning a piece of Flamingo. Flamingo users can buy a share of FLOCKS to receive passive income (yield). FLOCKS holders receive this yield from many different sources: platform fees, loan interest, and minting rewards." Read full announcement here: https://medium.com/flamingo-finance/flamingo-finance-announces-flocks-dividend-bearing-token-and-flund-migration-d41355153378 (https://medium.com/flamingo-finance/flamingo-finance-announces-flocks-dividend-bearing-token-and-flund-migration-d41355153378) At the start (first 6 days), FLUND holders can convert FLUND to FLOCKS. Afterwards, everyone can buy FLOCKS for FLM - or to be more precise - burn FLM to get FLOCKS. At the time of writing, over 12 Million FLM have been burned already! https://i.ibb.co/XrNRV2Gs/flocks2.jpg (https://ibb.co/67VCNnqP) The Team The current team did take over from the original NGD team about 1 year ago. NGD wanted to pass on flamingo to the community, and mr.google already created a few tools for them (smartstake). He then applied to take over flamingo and built a team around it. The real takeover happened about 8 months ago. -> https://neonewstoday.com/general/mymingo-submits-application-to-manage-and-maintain-flamingo-finance/ <- Mr.Google and some of the other flm members are doxxed, but do your own research. Thanks for reading ;). Last Edit: March 25, 2025 Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: MrSunshine on July 14, 2022, 10:24:55 AM The Flamingo Single-Stake Fund (Flund) looks like an interesting fund. Flamingo looks like they are trying new and innovative DeFi products - great to see.
Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on July 14, 2022, 04:59:03 PM Yeah and I really like the long term vision of it: "There is a 0.5% exit fee to discourage short term investors and possible exploits."
And I totally agree with your statement about how they are trying new and innovative DeFi products. Hopefully CoinMarketCap will finally list them as a DEX exchange in the next time. It took them long enough ::). They have got all required information from the flamingo team. Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on July 21, 2022, 05:01:50 PM From the flamingo discord:
"Mr.Google — 10:25 We have a lot of cleanup and technical debt we need to pay after all the new stuff we made. So our plan is: 1. Orderbook 2. FUSD 3. Cleanup code 4. Implement multi wallet view + manual (same for mobile page (not OneGate)) And I forgot all the new pairs with bNEO, FUSD + new cross chain tokens" On https://flamingo.finance/roadmap (https://flamingo.finance/roadmap) you can also see their roadmap. ;) https://i.postimg.cc/KYy8XWVV/Bild-2022-07-21-185841565.png Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on August 04, 2022, 10:23:28 PM Hey guys, just wanted to give you a FLUND calculation (maybe will do it every few months).
"Minting rewards for the Flund will begin on Friday, April 29, 2022 at 12:00 UTC." So let´s say FLUND did start about 1st May. 1 FLUND = 1 FLM 1st August 1 FLUND = about 1.26 FLM That means: 3 months = 26% increasement 1st May 1 flm = 0.17$ 1st August 1 flm = 0.20$ Example: Let´s say you did invest 10.000$ in flm on the 1st May and did stake your flm into FLUND. Start: 10.000$ (1st May) 10000/0.17 = 58.823,53 flm (1 FLUND = 1 FLM) = 58.823,53 FLUND Now: 1st August -> 58.823,53 FLUND * 1.26 = 74.117,65 FLM 74.117,65 FLM * 0,17$ would have been 12.600$, but flm did rise during this time too. 74.117,65 FLM * 0,2 $ = 14823,53 $ That means, your initial investment of 10.000$ did increase about 50% in 3 months. Not half bad, right? Let´s see what´s going to happen in the next 3 months. https://i.postimg.cc/J4TbbZRH/Bild-2022-08-05-001727983.png Also some news about FLUND: https://medium.com/flamingo-finance/flamingo-flund-exit-fee-to-increase-to-2-a5db53b123bf (https://medium.com/flamingo-finance/flamingo-flund-exit-fee-to-increase-to-2-a5db53b123bf) That means: Long-term holders are going to profit even more from FLUND. Especially with the orderbook in the next days. Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on August 09, 2022, 01:12:14 PM Flamingo Finance Now Supports Limit Order Trading with Revolutionary OrderBook+
https://medium.com/flamingo-finance/flamingo-finance-now-supports-limit-order-trading-with-revolutionary-orderbook-f741c213926d (https://medium.com/flamingo-finance/flamingo-finance-now-supports-limit-order-trading-with-revolutionary-orderbook-f741c213926d) https://i.postimg.cc/wM3tmL8q/Screen-Shot-2022-08-09-at-8-42-25-AM.png From the medium article: "A Block-Based Order Book Flamingo’s OrderBook+ is a first-of-its-kind, block-based order book that leverages the powers of the Neo N3 blockchain to make on-chain limit orders without bots. As the plus sign in OrderBook+ suggests, there’s a lot more to the brand-new Flamingo feature other than being able to just place limit orders. Flamingo’s OrderBook+ combines the powers of an Automated Market Maker (AMM) and limit orders to create optimal decentralized trading conditions. The result is an order book with zero-spread and automated market making whilst letting users still trade like they are used to by placing limit orders. Limit Orders OrderBook+ allows users to create limit orders for any trading pair on the Flamingo Decentralized Exchange (DEX). A limit order is an order to buy or sell a token at a specific price or better. Just set a bid-price or ask-price and wait for your order to be executed. OrderBook+ will open limit order trading with a few selected pairs, but more will be added in the days and weeks following the launch. The launch pairs are:
Completely On-Chain (Bot Free) Unlike other DEX order books, Flamingo’s OrderBook+ is run completely on-chain and does not require you or any other users to run a bot to execute orders. Many other order book implementations, such as those on Sushi and PancakeSwap, require a separate bot network to execute orders. Not OrderBook+. Guaranteed Execution Order Because OrderBook+ does not require bots to execute orders, it can guarantee that the orders are executed in the order they are placed in the order book, resulting in a fair order execution mechanism for both small and big traders. Zero-Spread Trading OrderBook+ leverages the Automated Market Maker (AMM) to create a zero-spread order book. In “zero-spread trading”, traders can trade without a difference between bid and ask prices. Because OrderBook+ combines with an AMM, the order book can empty and still allow for trading. Benefits the Platform OrderBook+ also gives fees to the Flamingo Flund, a community-owned decentralized fund on Flamingo, which benefits the entire Flamingo platform. Should I Use Convert or OrderBook+? Convert will still make asset conversions using the AMM (not the order book). This helps the GAS fee stay low for small conversions, as the order book can be more GAS heavy but again will counter the price with a much lower price impact for larger orders. When to use Convert For small amounts or if you are feeling lazy (fewest steps involved). When to use OrderBook+ (market order) When you want to go from token A to token B quickly and want a lower price impact. When to use OrderBook+ (limit order) When you have a fixed price you want for token A in token B. When NOT to use Convert For large amounts, as the conversion will go directly to the AMM, and the price impact will be higher than using a market order that uses the AMM plus the order book (but has a higher GAS cost). When NOT to use OrderBook+ (market order) For small amounts (has higher GAS cost) or if you have a fixed price you want for a token. When NOT to use OrderBook+ (limit order) When you want another token as soon as possible. Note: There is a $10.00 USD minimum to execute limit orders. So, if you’re looking to bring your trading skills to the next level using a block-based order book on a DEX, Flamingo’s OrderBook+ is exactly where you’ll want to be." Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on August 15, 2022, 12:40:01 PM https://i.postimg.cc/KjmdR0gv/Bild-2022-08-15-143722122.png
There currently is an event running with the Poly Network: https://medium.com/flamingo-finance/flamingo-parties-with-poly-network-6d99708569dd (https://medium.com/flamingo-finance/flamingo-parties-with-poly-network-6d99708569dd) "What To join the party, just initiate cross-chain transactions on Flamingo. To initiate cross-chain transactions, just wrap or unwrap assets. It’s that simple. When August 8, 2022 at 3:00 UTC — September 8, 2022 at 3:00 UTC. Rules Flamingo will reward the top 100 addresses based on cross-chain costs from August 8th at 3:00 UTC to September 8th at 3:00 UTC. We will gather all transactions in the period mentioned and distribute a prize pool of $1,000 to be paid in FLM tokens. The top 100 addresses share of the prize pool is based on how much the user paid in their transactions compared to the total transaction costs of the top 100. For example, if a user has 10% of the transaction costs compared to the total transaction costs, that user would receive a $100 prize. Other dApps will also participate in the Poly Network Voyage 2nd Anniversary event in their own ways. Each dApp that joins the event will have specific award rules to select winners and distribute prizes. Prizes will be awarded to users of the Poly Network ecosystem. Besides from the individual dApp contests and prizes, Poly Network will also reward the top 1,000 addresses based on cross-chain costs (including source chain transaction fees and target chain transaction fees) with Poly Network NFTs!" Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on October 26, 2022, 04:09:13 PM Long time no post, but that doesn´t mean there are no news ;). According to Mr. Google:
Mr.Google — 24.10.2022 "We are in the 4th audit round now, and it will take approx. 2 weeks, after that its final polish of the UI (If all goes as planned) FUSD has taken a lot of time and has been a huge project, making it secure is important since we only get one try, so we can't compromise security over the delivery time. The whole @Mods had a chat and we know that we need to be more active on Twitter as well and that will be improved from today. When it comes to discord it's no issue as we are always here" That means, we´ll soon have the stable coin "FUSD" backed by yield bearing FLUND tokens. That´s huge, because the Neo blockchain really needs a good stable coin. Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on November 11, 2022, 09:28:10 PM Hey DeFi-fans,
flamingo.finance is still working hard and building: https://media.discordapp.net/attachments/894127202906566677/1040584771882991637/image.png?width=589&height=692 https://media.discordapp.net/attachments/894127202906566677/1040584948039553074/image.png?width=1085&height=550 atlazor (developer): "The Asset Actions is being revamped to makes space for lending Lending (FUSD) is starting to look good and we are getting closer and closer to release" More information coming soon. :) Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on November 14, 2022, 06:19:10 PM " atlazor — 10:41
@everyone We’re thrilled to announce some changes being made to our liquidity pools, including the addition of $BNB pools! This is the first wave of a four-wave series as we get ready to launch $FUSD. Stay tuned! Read more: https://medium.com/flamingo-finance/flamingo-finance-announces-first-wave-of-new-liquidity-pools-including-binance-chains-bnb-3499d3cd4ce0 Tweet: https://twitter.com/FlamingoFinance/status/1592090151076986882 " https://images-ext-1.discordapp.net/external/gKBFjwI0XzxUxmzaJMv_1pbPByjbdseH1o53n91ziBA/https/miro.medium.com/max/1200/0%2AP8dm8wgmbKqB9zXX.png?width=1085&height=543 Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: CryptoGM on November 22, 2022, 09:24:42 AM Would love to give you a PR service at an affordable for any new updates you have or even on such a piece https://twitter.com/FlamingoFinance/status/1593545990291824640?s=20&t=4ntWgQBA6QO7N9qC3ugdTA
Reach me on Telegram @ICO_Services Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on December 06, 2022, 11:48:35 PM "Flamingo Finance Announces Second Wave of Liquidity Pool Changes Including FUSD"
https://medium.com/flamingo-finance/flamingo-finance-announces-second-wave-of-liquidity-pool-changes-including-fusd-d68549df0344 (https://medium.com/flamingo-finance/flamingo-finance-announces-second-wave-of-liquidity-pool-changes-including-fusd-d68549df0344) What will happen in the second wave? The second wave of liquidity pool changes will include the launch of the FUSD stablecoin, brand new FUSD liquidity pools, and some minting adjustments to the existing pools. "FUSD Stable Coin Launch The anticipated FUSD, Flamingo’s USD pegged stablecoin, will finally launch in the second wave. It will launch under a brand new Lend-section on flamingo.finance, where you can lend FUSD by using different assets as collateral. Flamingo will launch with four different supported assets that can be used as collateral. Interest rates for loans will be different depending on the collateral you use, and the rates are as follows: bNEO: 4%* FLUND: 6%* fWBTC: 6%* * Simple interest: based on the principal amount of a loan only and does not include compounding interest. Stay tuned to read more about FUSD and how it works in a new article." Flamingo team on fire again. In the next days, we´ll finally see the long awaited stablecoin FUSD. Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on December 08, 2022, 07:56:44 PM https://flamingo-1.gitbook.io/user-guide/v/master/flamingo-stablecoin-fusd (https://flamingo-1.gitbook.io/user-guide/v/master/flamingo-stablecoin-fusd)
I´m skipping the explanations about "What´s a stablecoin, what´s a collateralized stablecoin etc. You can read it, when you follow the link. "We explain what FUSD is and the concepts behind it. FUSD is a decentralized, over-collateralized USD stablecoin developed by Flamingo on the Neo N3 blockchain. FUSD’s value is collateralized by mainstream Neo N3 assets tradable on Flamingo — FLUND, bNEO, and fWBTC. FUSD can be minted by anyone whose connected wallet holds at least one of these tokens. To mint FUSD, users must open a Vault. A Vault is associated with a specific collateral asset, such as FLUND. Users can then deposit the collateral asset and mint FUSD as a loan against the collateral. At the time of writing, users can open up to three Vaults — one Vault for each collateral token. Vault owners can make partial or full repayments of their FUSD loan(s) at any time. Interest Rates The FUSD protocol charges interest rates depending on the collateral token: bNEO: 4%* FLUND: 6%* fWBTC: 6%* * Simple interest (APR): based on the principal amount of a loan only and does not include compounding interest. FUSD interest rates compound on every mint/repay/maintenance operation, so the compounded interest (APY) may be slightly higher. Loan-to-Value To ensure the solvency of the protocol (the ability to pay one’s debts), FUSD can be minted at 35% of the value of the collateral asset. For example, someone who deposits $1,000 of fWBTC can mint a maximum of 350 FUSD ($350 USD). This ratio ($350 / $1,000 = 35%) is called the Loan-to-Value. Vault owners can withdraw collateral at any time, as long as it does not make the Loan-to-Value less than 35%. In order to withdraw all collateral, users must repay all outstanding FUSD he or she was loaned. If the Loan-to-Value of a Vault becomes greater than 40% due to market movements, the Vault becomes eligible for margin maintenance. In other words, anyone can maintain a margin on any Vault by transferring FUSD if the Loan-to-Value of that vault becomes greater than 40%. For example if Jack opens a Vault, Jill can maintain Jack’s margin if Jack’s Vault goes above 40% Loan-to-Value. Up to 50% of outstanding FUSD on loan of a Vault can be repaid by a maintainer. In our above example, if we have 350 FUSD backed by $1,000 fWBTC and the fWBTC drops by half, we now have 350 FUSD backed by $500 fWBTC, making a Loan-to-Value of 70%. A maintainer can send 175 FUSD to receive $175 of fWBTC and a 5% bonus, or a total of $183.75 of fWBTC for their efforts. Margin maintenance on Vaults incur an 8% penalty. That is, 92% of the FUSD sent by the maintainer will be burned and deducted from the Vault balance, as if it were a simple repayment. The remaining 8% will be kept by the platform. In the previous example, 161 of the 175 FUSD sent by the maintainer will be deducted from the Vault’s outstanding balance and 14 will be kept by the FUSD platform. Vault owners can always keep track of a Vault’s Loan-to-Value percentage on the platform. We will also configure a discord bot on the to help vault owners follow along there. Disclaimer: The discord bot is just an informational source and can, at any given time, be offline or not be able, for some reason, to warn you. It can also provide wrong information. It is always your responsibility to check on your loans." You are kindly invited to join the flamingo discord (https://discord.com/invite/xGp9gbM) to ask your questions. Or ask them here and I´ll forward them to the team. FUSD is a huge milestone for the Neo blockchain and of course for the awesome Defi flamingo.finance! Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on December 15, 2022, 11:23:47 PM https://i.postimg.cc/25rcY64g/Bild-2022-12-16-002121765.png
So we still need to wait for FUSD (better safe than sorry), but they are releasing a full version on Testnet next week. Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on December 21, 2022, 10:56:31 AM As promised:
"Flamingos! While we wait for a final check, we want to invite the community to a public test phase for Flamingo Lend and $FUSD The test phase will last until mainnet launch early next year. More info on how to test on our Discord: https://discord.com/invite/4XNqQjwEjF (https://discord.com/invite/4XNqQjwEjF)" - You can get test funds for the testnet and then test it EDIT: VIDEO about $FUSD test -> https://www.youtube.com/watch?v=sNj9hrJlkFk (https://www.youtube.com/watch?v=sNj9hrJlkFk) https://i.postimg.cc/kGdwBrp1/Bild-2022-12-21-114652627.png Mr. Google: "We are trying to create a decentralized stable coin. Currently, Dai is not decentralized as > 70% of its collateral is backed by centralized stablecoins. USDT, USDC, BUSD are all centralized stablecoins. To make a coin that is stable it cannot be a speculation aspect, so therefor, FUSD should not let gamblers be allowed to gamble as that would jeopardize the integrity of the stable coin. That other platforms allow > 50% is in my head just insane as you can then get undercollateralized if you do round robins (lend, by collateral, lend more, repeat), that just shows that they do not take the Stable aspect seriously since that can with small market changes de-peg the whole token" Answer to a question, why 35% is maximum. Gladly join discord and ask your questions. Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on January 05, 2023, 03:14:52 PM "bordois —
The long-awaited $FUSD is almost here! $FUSD will release on January 10th along with four brand-new liquidity pools. Minting for the new pools will begin on January 11th. Read more about the pools: https://medium.com/flamingo-finance/flamingo-finance-announces-second-wave-of-liquidity-pool-changes-including-fusd-d68549df0344 (https://medium.com/flamingo-finance/flamingo-finance-announces-second-wave-of-liquidity-pool-changes-including-fusd-d68549df0344) Read more about the protocol and lending: https://flamingo-1.gitbook.io/user-guide/v/master/flamingo-stablecoin-fusd (https://flamingo-1.gitbook.io/user-guide/v/master/flamingo-stablecoin-fusd) " Promo Video: https://twitter.com/i/status/1611006602093514752 (https://twitter.com/i/status/1611006602093514752) Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on January 07, 2023, 12:06:14 AM Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on January 09, 2023, 09:40:01 PM The team has prepared some tutorials, so everyone can understand how to use it:
Video: https://youtu.be/CuXVS8odl-c (https://youtu.be/CuXVS8odl-c) User Guides: https://flamingo-1.gitbook.io/user-guide/v/master/user-guides/fusd-loans (https://flamingo-1.gitbook.io/user-guide/v/master/user-guides/fusd-loans) https://i.postimg.cc/9X6VVYY9/Bild-2023-01-09-223849531.png Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on January 10, 2023, 04:12:56 PM https://i.postimg.cc/3R0y2TBL/Bild-2023-01-10-170944274.png
"atlazor — today @everyone - It’s here! We’re thrilled to announce the release of Flamingo’s very own stablecoin: FUSD! - FUSD is a decentralized, over-collateralized USD stablecoin developed by Flamingo on the Neo N3 blockchain. - Learn more: https://medium.com/flamingo-finance/flamingo-finance-defi-releases-usd-stablecoin-fusd-49d61657a2c4 (https://medium.com/flamingo-finance/flamingo-finance-defi-releases-usd-stablecoin-fusd-49d61657a2c4)" The team has finally released the long awaited FUSD stable coin! Tomorrow the rewards for the liquidity pools will be activated too. A huge milestone for NEO, FLM and the whole crypto space ;). Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on January 13, 2023, 11:14:10 AM The launch of FUSD was a great success!
As you can see on the pictures, the total transactions really spiked. Also you can still get an awesome APY on the FUSD-FUSDT pool or even more on the other ones. https://i.postimg.cc/fTrdpjwP/Bild-2023-01-13-120825494.png 13.01.2022 11:00 am UTC https://i.postimg.cc/6qT3fgGp/sfsfssfss.jpg Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on January 16, 2023, 09:24:28 PM Updates, updates, updates. Team always working, always delivering.
Update 1) "As per the tokenomics of the token, Flamingo will decrease the minting rate of FLM, which will decrease inflation of the token." Read all the details in the new Medium article: https://medium.com/flamingo-finance/flamingo-lowers-flm-inflation-rate-of-minting-3427cbb3657a (https://medium.com/flamingo-finance/flamingo-lowers-flm-inflation-rate-of-minting-3427cbb3657a) >> The FLM minting rate will decrease on Tuesday, January 17, 2023 at 9:00 AM UTC. << This will drop the FLM Monthly Inflation Rate from 2.55% to 2.34% (to 335,714.28 FLM minted per day.) Update 2) The FLM-Lend-Bot in Discord is live. Now you can check loans for different wallets and set a ltv warning. Here are the commands: /check_loans /ltv_warning /ltv_warning_off Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on January 22, 2023, 01:19:42 PM FUSD optimization
https://i.postimg.cc/VshjyyQb/1-qh-U474z1-W0-TXo7d-F9c-H2-Xg.jpg https://flamingofinance.medium.com/fusd-optimization-993bc5d49636 (https://flamingofinance.medium.com/fusd-optimization-993bc5d49636) The demand for the new FUSD stable coin is still higher than the supply, which leads to a depeg. Currently you get 1.20 USDT for 1 FUSD. The team wants to change that of course. They are planning to split the FUSD pool rewards into two: normal rewards and borrower’s rewards. This should increase the minting of FUSD and lead to a 1:1 peg again. When? The contract audits start on Wednesday and the team plans to release the new FUSD pools/rewards on early February. PS: Of course they could fix it in a minute by allowing USDT as collateral, but they are building the the world’s first truly decentralized stablecoin. Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on February 13, 2023, 04:41:01 PM Mr.Google — today
"@everyone We are ready to launch the new staking contract for FUSD on Wednesday (Around 07 - 10 UTC), Articles and documentation will come on Wednesday as well. As a user, you will see a notification every time you load Flamingo that you need to merge your FUSD staked assets, it's a one-click solution. Minting will move from the old pools to the new pools at the same time as the new staking contract goes live." https://flamingofinance.medium.com/fusd-optimization-993bc5d49636 (https://flamingofinance.medium.com/fusd-optimization-993bc5d49636) https://i.postimg.cc/yNf0MC9w/Bild-2023-02-13-173913192.png Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on February 21, 2023, 01:43:37 PM New staking rewards are working well: FUSD went from 1.25 to 1.04 and the 1:1 peg is very close.
= 20% profit on a stablecoin if you saw this opportunity. Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on April 22, 2023, 06:38:48 PM Long time no post, but here are some news:
1. Flamingo Finance Joins Neo at Consensus 2023 https://i.postimg.cc/FKyp5ScS/Bild-2023-04-22-203304954.png https://medium.com/flamingo-finance/flamingo-finance-joins-neo-at-consensus-2023-a65578065563 (https://medium.com/flamingo-finance/flamingo-finance-joins-neo-at-consensus-2023-a65578065563) "Visit us at the Flamingo pod in the Neo booth to: - Check out in-depth flamingo.finance platform demos from the Flamingo team. - Chat with the team about the Flamingo platform and all things Web3 and DeFi. - Learn about what’s new with Flamingo, from the latest with how to borrow our brand-new stablecoin FUSD, to how to invest in the Flamingo FLUND single-stake fund, and so much more." 2. Flamingo.finance on mobile via NeoLine App "We’re thrilled to announce that you are now able to use Flamingo Finance on your mobile devices using the NeoLine App!" https://i.postimg.cc/R0By2Kqr/Bild-2023-04-22-203519482.png 3. Flamingo.finance at Web3 Berlin Conference " Flamingos! We're thrilled to announce that we're sponsoring and speaking at Web3 Berlin! Members of our team will join the event, hang out at the Flamingo booth, and join discussions on stage." https://i.postimg.cc/x12yGRcz/Bild-2023-04-22-203735150.png https://medium.com/flamingo-finance/flamingo-hits-the-stage-at-web3-berlin-conference-a4cfc08c199d Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on June 05, 2023, 05:23:55 PM https://miro.medium.com/v2/resize:fit:720/0*pDwRfn54F0eIRG_c
"🦩 Flamingos! We're thrilled to announce our new Flamingo Ambassador Program! 🎗️ Flamingo Ambassadors can earn rewards from a pool of up to $500 USD in GAS every month and earn other exclusive perks. 👉 Read all about it in our new article: https://medium.com/flamingo-finance/flamingo-finance-launches-flamingo-ambassador-program-faa39205391c (https://medium.com/flamingo-finance/flamingo-finance-launches-flamingo-ambassador-program-faa39205391c) " Flamingo.finance team is still working hard to improve the best defi in crypto even more ;). Next Saturday and Sunday (10.06.2023 - 11.06.2023) you can meet the team on the WEB3 Berlin Conference. I´m going to WEB3 Berlin as well, just to meet the team in persona. More exciting news coming soon. Or just follow the team on twitter/discord. Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on June 21, 2023, 02:04:27 PM From the Flamingo Finance Discord:
"@everyone 🦩 Flamingos! We're thrilled to announce our new partnership with O3 Labs! :flm_party: ⛓️ A liquidity gateway is now open to the Neo N3 blockchain from the 14 EVM chains currently supported on O3 Swap!" 👉 Read more: https://medium.com/flamingo-finance/flamingo-finance-bridges-to-14-evm-chains-in-partnership-with-o3-labs-9b795eb02477 (https://medium.com/flamingo-finance/flamingo-finance-bridges-to-14-evm-chains-in-partnership-with-o3-labs-9b795eb02477) https://miro.medium.com/v2/resize:fit:720/0*-I9mPsqvEBcJ8Mmd Now you can swap your MATIC/ETH,... for NEO/FLM/... and vice versa. Huge news for the Neo ecosystem (including FLM of course). "With Flamingo joining forces with O3, Neo N3 users can now interact with more blockchains than ever before, and this will bring more volume to Flamingo. We think that is a beautiful thing and we hope you do too." Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on June 30, 2023, 02:20:16 PM So, what´s up next for flamingo?
The team is not sleeping and developing/improving/working on the best defi on Neo (and maybe whole crypto) each day. On https://flamingo.finance/roadmap (https://flamingo.finance/roadmap) you can check their roadmap for this year. There are still a lot of huge things coming, for example the improved orderbook+ and TAO. I am most excited for the TAO (Token Auction Offering - not Tao Pai Pai or cute panda Tao Tao ;D ), because of the great idea to be able to list your own token on the platform, if there is enough demand from the community for it. Let´s say you have a coin called "FrankCoin" and you want to list it on flamingo. Now you can put it on auction, for example 100.000 coins (from 1 million max supply) and users can bid on it. 1 User might bid 50$ for 10.000 coins 1 User 100$ for 10.000 coins 1 User 200$ for 10.000 coins etc. In the end you´ll have an average price of the token and a reverse pool will be created. This way a price pump and dump will be prevented. https://i.postimg.cc/RVPJwWtC/Bild-2023-06-30-160643220.png Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on July 12, 2023, 11:02:03 AM "🦩 Flamingos!
🎤 Weren’t able to join our live Community Lagoon AMA in June? We’ve got a full recording so you can get up to date with the latest developments on Flamingo Finance--now with new and improved video animations to boot! 🎥 Check out the full recording here: https://www.youtube.com/watch?v=LbDC3ClmIo4 (https://www.youtube.com/watch?v=LbDC3ClmIo4)" - The team is proud to announce that Flamingo is running for 3 years already! and never had a single hack or exploit! - They want to further improve the user experience and know what to work on - They are explaining the Ambassador Program and what would be best to do - A lot of features in the pipeline (TAO, improved Orderbook,...) - More marketing plans Just some keypoints for you, feel free to listen to the 1 hour long AMA yourself ;). Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on July 17, 2023, 11:25:04 AM Something different for Flamingo.Finance:
" We’re thrilled to announce another upcoming meme contest on Meme2Earn starting Thursday, July 20, 2023, 10:00 AM UTC! 🦩 And the contest topic is... Flamingo Finance! 🏆 Prize Pool: $1,500 USD in FLM and TIPS!" https://medium.com/meme2earn/earn-1-500-in-prizes-in-the-flamingo-finance-meme-contest-on-meme2earn-plus-1-trillion-tips-a4f6263bb7c9 (https://medium.com/meme2earn/earn-1-500-in-prizes-in-the-flamingo-finance-meme-contest-on-meme2earn-plus-1-trillion-tips-a4f6263bb7c9) https://miro.medium.com/v2/resize:fit:720/0*nWvGsgWo51Hdd4QM If you ever wanted to create memes and earn by doing so, it´s your chance now. Also in connection with one of the best DeFi in the crypto space ;). Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on July 27, 2023, 05:05:45 PM "🦩 Flamingos! We're excited to announce we have just launched the new Flamingo Roadmap! The Flamingo Roadmap provides a crystal-clear way to visualize how Flamingo will evolve over time.
👉 Read all about it here: https://medium.com/flamingo-finance/the-road-ahead-for-flamingo-finance-53b066594714 (https://medium.com/flamingo-finance/the-road-ahead-for-flamingo-finance-53b066594714)" https://miro.medium.com/v2/resize:fit:720/0*O14XfrX0tmGNQBaf "Some of the key additions to the Flamingo Roadmap in 2023 are:
Title: Re: Flamingo (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on August 02, 2023, 05:11:57 PM "🦩 Hey Flamingos!
🎤 Weren’t able to join our live Community Lagoon AMA in July? We’ve got a full recording so you can get up to date with the latest developments on Flamingo Finance--now with new and improved video animations to boot! 🎥 Check out the full recording here: https://www.youtube.com/watch?v=Wc8DTgADW5Q&ab_channel=FlamingoFinance (https://www.youtube.com/watch?v=Wc8DTgADW5Q&ab_channel=FlamingoFinance) " Additionally, only some hours left for the Flamingo Finance meme contest, where you can win 20 $ - 300 $. https://medium.com/meme2earn/earn-1-500-in-prizes-in-the-flamingo-finance-meme-contest-on-meme2earn-plus-1-trillion-tips-a4f6263bb7c9 (https://medium.com/meme2earn/earn-1-500-in-prizes-in-the-flamingo-finance-meme-contest-on-meme2earn-plus-1-trillion-tips-a4f6263bb7c9) https://images-ext-2.discordapp.net/external/a3mSqrhu7PT0TnUECR3FarF8yHJX_cH9KobHepf1Evc/https/i.imgur.com/TT3hrTi.png?width=1036&height=345 Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on September 01, 2023, 03:42:24 PM The flamingo team is still very active. If you are not following the official channels, you can kindly watch some Youtube shorts about the development.
For example: https://www.youtube.com/shorts/0dQkvwubGms (https://www.youtube.com/shorts/0dQkvwubGms) They are creating a new block parser/aggregtor to improve the user experience. Soon you can even better track your earnings: https://media.discordapp.net/attachments/894127202906566677/1146071145670524969/image.png?width=1050&height=635 Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on September 04, 2023, 03:30:08 PM Message from the team:
"🦩 Hey Flamingos! 🎤 Weren’t able to join our live Community Lagoon AMA in August? We’ve got a full recording so you can get up to date with the latest developments and marketing plans on Flamingo Finance! 🎥 Check out the full recording here: https://www.youtube.com/watch?v=tiD5rElEmbU&ab_channel=FlamingoFinance (https://www.youtube.com/watch?v=tiD5rElEmbU&ab_channel=FlamingoFinance)" Next Community AMA: September 26 https://i.postimg.cc/BQBGWMcm/Bild-2023-09-04-172834278.png You can gladly join the Flamingo Discord and ask your questions ;). Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on September 12, 2023, 11:31:48 PM Next community AMA:
Tuesday, September 26, 2023, 1:00 PM UTC. https://discord.com/invite/flm?event=1146117558085353592 (https://discord.com/invite/flm?event=1146117558085353592) I´m going to attend as well. Join us, ask questions about DeFi, Flamingo platform, crypto or anything else. ;) Unfamiliar with Flamingo? Unlocking The Chain made a great video about the possibly best DeFi in crypto: https://www.youtube.com/watch?v=2m-3uYWw1eQ (https://www.youtube.com/watch?v=2m-3uYWw1eQ) https://pbs.twimg.com/media/F4tmFKoX0A0VxCP?format=jpg&name=small Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on September 15, 2023, 11:07:34 PM Greetings again, staking friends!
The Flamingo team just released a very short video (30 seconds) about Flamingo FLUND 🚀 performance vs. BTC. If you bought FLUND 70 weeks ago you would have: 33% more value than holding Bitcoin 158% more value than holding Ethereum 403% more value than holding BNB 1086% more value than holding CAKE So even in this bear market you could have gotten a lot more with staking FLM on flamingo.finance https://x.com/FlamingoFinance/status/1702237966561628235?s=20 (https://x.com/FlamingoFinance/status/1702237966561628235?s=20) https://media.discordapp.net/attachments/975561928577536001/1152379697548771408/image.png Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on September 26, 2023, 02:23:50 PM Greetings DeFi and Flamingo-Fans,
I know the picture is kinda big, but it´s a huge milestone for Flamingo.finance: Celebrating the 3rd birthday >> To celebrate the team is launching a $3,333 Zealy Campaign >> More information about the Zealy Campaign and new Features on Flamingo can be found here: https://medium.com/flamingo-finance/flamingo-finance-turns-3-3-333-usd-birthday-campaign-on-zealy-and-flamingo-finance-3-0-release-cd497ee0465b (https://medium.com/flamingo-finance/flamingo-finance-turns-3-3-333-usd-birthday-campaign-on-zealy-and-flamingo-finance-3-0-release-cd497ee0465b) The team is very happy about this milestone, because they worked hard and with huge dedication to build the best DeFi in crypto. https://cdn.discordapp.com/attachments/755445263077867670/1155854174743969842/0Vyx19-mhqNnLb93a.png?ex=65142a15&is=6512d895&hm=d7abbbfd54879df2753f80e50701b181fcdd9e47e5ae9f0e951b09c1fd1b30e4& Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on December 14, 2023, 01:42:46 PM A long time has passed since anyone did a post here? :'(
But that doesn´t mean that the Flamingo team isn´t active - on the contrary! They are working hard on the next HUGE THING in the Defi space. - One of the most innovative thing in Defi (SingleStaking / FLUND) is developing into FLOCKS: >>> BURN TO EARN :o <<< "One of the core mechanics of FLOCKS is that whenever you buy FLOCKS, you will burn some FLM in exchange for getting future platform revenue — forever." Sounds interesting, right? Well, if you got curious about it, you are gladly invited to join Telegram or Discord to ask about it ;). - Soon you´d like to have a lot of FLM - With the burning of FLM, the maximum supply is going to decrease of course And I haven´t even told you about the Neo X (the new soon to be released sidechain of Neo), which makes everything EVM compatible. Then you can just use your Metamask wallet on Flamingo and you won´t need a separate Neo wallet anymore. Read you later ;). Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on June 03, 2024, 10:57:56 PM A long time has passed since I last wrote something ;). However, the flamingo team is still very very active and just wanted to let you know about the new Flamingo hackathon:
https://medium.com/flamingo-finance/earn-1-000-gas-in-flamingo-finances-dashboard-athon-9b68f758535e (https://medium.com/flamingo-finance/earn-1-000-gas-in-flamingo-finances-dashboard-athon-9b68f758535e) Flamingo will reward 1,000 GAS+ as prizes ($6,000 at the time of writing). Flamingo will also list links to all winning dashboards, bots, and more on Flamingo’s Analytics page. 1st Place: 500 GAS ($3,000 at the time of writing) 2nd Place: 300 GAS ($1,800 at the time of writing) 3rd Place: 200 GAS ($1,200 at the time of writing) + Bonus: If Flamingo loves more than the 3 winning submissions, Flamingo will donate GAS to those builders of other submissions on top of the 1,000 GAS prizes awarded. What to do: Build a super slick dashboard, bot, or anything else involving Flamingo Finance and/or Neo Blockchain data, providing whichever insights you think users will find the most useful and beneficial. Flamingo will provide the APIs, documentation, images, a Help Center, and other resources. To qualify and submit, just direct message (DM) your final links to a Flamingo Team mod on Discord between April 8, 2024 and July 8, 2024. = deadline July 8. Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on September 24, 2024, 05:34:54 PM Greetings! Huge changes coming to Flamingo.Finance:
https://medium.com/flamingo-finance/flamingo-announces-wave-3-of-liquidity-pool-changes-f-and-p-asset-migration-new-collateral-c7b4ed972d04 (https://medium.com/flamingo-finance/flamingo-announces-wave-3-of-liquidity-pool-changes-f-and-p-asset-migration-new-collateral-c7b4ed972d04) For example: Wave 3 of liquidity pool changes will include the following. 1. Reduce the daily FLM minting rate Reduce the total FLM minted daily from 357,142 FLM to 146,880 FLM. 2. Reduce daily minted FLM going to FLUND Reduce the daily FLM minted going to FLUND from 20% to 5.75%. 3. Change minting allocation on liquidity pools Change the daily FLM minted allocated to many liquidity pools (see the FLM Minting Distribution image above). 4. Remove liquidity pools Remove 22 liquidity pools in total (see the FLM Minting Distribution image above). 5. Add new FUSD pools Add FUSD liquidity pools for GAS, WETH, CAKE, SWTH, GM, ONT, WING, and BNB (see the FLM Minting Distribution image above). And re-add pools for the new versions of f- and p-assets (see the FLM Minting Distribution image above). For more information, please read the medium article or ask your questions in Discord. ;) Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on November 23, 2024, 08:19:04 PM Flamingo Finance is still working and building to become the best DEX the crypto world has ever seen:
"In addition to FLUND, WBTC, bNEO, FLM, and WETH, Flamingo Lend now includes the following collateral option: GAS— 6% interest, 50% Loan to Value (LTV), and 55% margin (where borrowers begin getting their margin maintained by others)" https://medium.com/flamingo-finance/flamingo-lend-update-now-including-gas-as-collateral-2b00c7cb7201 (https://medium.com/flamingo-finance/flamingo-lend-update-now-including-gas-as-collateral-2b00c7cb7201) Coming next to Flamingo: Orderbook update / FLOCKS Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on December 06, 2024, 05:50:14 PM FLM perpetual futures are now live and ready to trade on Kraken exchange:
https://x.com/krakenpro/status/1864739041318441009 (https://x.com/krakenpro/status/1864739041318441009) Moreover, Orderbook+ update almost ready to launch. Next days public testing. https://iili.io/2GTLXgp.png https://iili.io/2GTQJkP.png Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on December 19, 2024, 02:15:46 PM Open Test Phase started:
https://medium.com/flamingo-finance/flamingo-finances-orderbook-2-0-goes-live-on-testnet-86b210fa3737 (https://medium.com/flamingo-finance/flamingo-finances-orderbook-2-0-goes-live-on-testnet-86b210fa3737) You are welcome to test the new features ;). Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on March 10, 2025, 06:57:31 PM it has been a long time, but Flamingo Finance finally launched Orderbook+!
Full Announcement here: https://medium.com/flamingo-finance/experience-the-future-of-defi-with-flamingos-orderbook-2-0-now-live-on-mainnet-bbc1babafc15 (https://medium.com/flamingo-finance/experience-the-future-of-defi-with-flamingos-orderbook-2-0-now-live-on-mainnet-bbc1babafc15) https://iili.io/3z483P4.md.png (https://freeimage.host/i/3z483P4) It´s the first 100% decentralized orderbook on Layer 1 in the whole crypto space! After years in the making, and months of community and team testing, they just did unveil a groundbreaking advancement in decentralized trading infrastructure: A new block-based, on-chain Orderbook+ on the Neo N3 mainnet.
What´s next?
Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on March 22, 2025, 01:37:43 PM https://iili.io/3z4ki42.md.jpg (https://freeimage.host/i/3z4ki42)
Flamingo Finance just launched a trading competition to celebrate their new Orderbook+ launch. It is the first of many future marketing initiatives. Competition Start: 14:00 GMT, Monday, March 17, 2025 Competition End: 14:00 GMT, Monday, April 14th, 2025 "FUSD! The contest will reward the top 20 participants based exclusively on their claimed MAKER volume. $5,000 Prizes At the end of the competition, prizes will be sent based on placements in the leaderboard. The top 20 participants will share a prize pool of 5,000 FUSD ($5,000 USD at the time of writing) as follows: 1st place: 1,500 FUSD 2nd place: 750 FUSD 3rd place: 500 FUSD 4th place: 350 FUSD 5th place: 250 FUSD 6th-7th place: 200 FUSD 8th-10th place: 150 FUSD 11th-12th place: 100 FUSD 13th-20th place: 75 FUSD" Full announcement and rules: https://medium.com/flamingo-finance/win-5-000-in-flamingos-st-patrick-s-day-orderbook-maker-trading-competition-cf0dc511648d (https://medium.com/flamingo-finance/win-5-000-in-flamingos-st-patrick-s-day-orderbook-maker-trading-competition-cf0dc511648d) Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on March 25, 2025, 02:09:36 PM https://i.ibb.co/5gyrqZt8/flocks.jpg (https://ibb.co/jP2y7tBM)
It´s finally here! FLOCKS has launched! Another huge innovation and milestone in the crypto space. BURN-TO-EARN "FLOCKS is Flamingo’s dividend-bearing asset. Owning FLOCKS tokens can be seen as owning a piece of Flamingo. Flamingo users can buy a share of FLOCKS to receive passive income (yield). FLOCKS holders receive this yield from many different sources: platform fees, loan interest, and minting rewards." Read full announcement here: https://medium.com/flamingo-finance/flamingo-finance-announces-flocks-dividend-bearing-token-and-flund-migration-d41355153378 (https://medium.com/flamingo-finance/flamingo-finance-announces-flocks-dividend-bearing-token-and-flund-migration-d41355153378) At the start (first 6 days), FLUND holders can convert FLUND to FLOCKS. Afterwards, everyone can buy FLOCKS for FLM - or to be more precise - burn FLM to get FLOCKS. At the time of writing, over 12 Million FLM have been burned already! https://i.ibb.co/XrNRV2Gs/flocks2.jpg (https://ibb.co/67VCNnqP) Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on April 01, 2025, 09:53:21 PM FLOCKS is a huge success! A lot of FLUND holders switched their FLM to FLOCKS and now (after 1 week past) everyone can burn FLM to get FLOCKS. ;)
The flamingo team has released a chart which is showing the APY of FLOCKS depending on Trading Volume and FLOCKS supply. Currently (1. April): * Burned FLM - 42,814,925 (42 Million!) * FLOCKS APY - 82% https://iili.io/3RMqJ7R.md.jpg (https://freeimage.host/i/3RMqJ7R) Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on April 07, 2025, 12:39:18 PM Greetings ;), we´ve got some amazing news - again!
"FLOCKS Epoch 1 has ended, and Epoch 2 has begun! Starting now, you can mint FLOCKS with FLM at discounted rate of 1:1. Currently the plan is for this promotional period to last through Epoch 2 (1 week), but it may be extended. Let's go burn some FLM, baby! Over 58 MILLION FLM have been burned already! That's almost 2 years of annual FLM emissions! Incredible." Current APY: 101% https://iili.io/3Ynpbst.md.jpg (https://freeimage.host/i/3Ynpbst) Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on April 08, 2025, 04:11:40 PM The Flamingo team just launched a calculator for FLOCKS.
"Curious about the APY of FLOCKS if X, Y, or Z happens? Well, now you can play with the parameters and see the calculations for yourself! Introducing FLOCKS Calculator in the Flamingo Toolbox. Check it out here: https://flamingo.finance/toolbox/flocks-calculator (https://flamingo.finance/toolbox/flocks-calculator)" https://iili.io/3Y69la4.md.jpg (https://freeimage.host/i/3Y69la4) FLOCKS APY: 60% FLM burned: 94 Million (over 9% of current supply) Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on April 11, 2025, 10:41:10 PM News, news and even more news! In short summary:
1. "We just made OrderBook+ loading time 10x faster." 2. "You can now buy and sell FLOCKS with limit orders right on Flamingo Finance's OrderBook+! There is a 1% fee associated with all FLOCKS trades. Trade FLOCKS against FLM here: https://flamingo.finance/trade/FLOCKS_FLM (https://flamingo.finance/trade/FLOCKS_FLM) Learn more about FLOCKS here: https://flamingo-1.gitbook.io/user-guide/flamingo-flocks (https://flamingo-1.gitbook.io/user-guide/flamingo-flocks)" 3. "We'll be joining Neo, Ax Labs, COZ, NeoSPCC, and others at the first-ever Centre Point in Dubai! We're looking forward to collaborating, strategizing, planning, and building great things together. Do you have a great idea you want to see built on NEO? Read more about Centre Point here: https://neonewstoday.com/events/inaugural-centre-point-community-gathering-to-coincide-with-token2049-in-dubai/ (https://neonewstoday.com/events/inaugural-centre-point-community-gathering-to-coincide-with-token2049-in-dubai/)" As you an see, the team is incredible active ;). Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on April 21, 2025, 12:35:41 PM Another epoch has ended! ;) News from the team:
"
Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on April 26, 2025, 06:12:09 PM More news from Flamingo:
> The promotional period for FLOCKS has ended. Now, it will cost minimum 1.1 FLM to mint 1 FLOCKS. > FLOCKS can also be bought (and sold) with limit order trades on Flamingo's OrderBook+. The team fixed the UI bugs, so now it´s correctly showing in Orderbook+. What´s coming next? > New contract for FUSD-USDT, so that you can move huge amounts without loss. Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on April 29, 2025, 06:33:38 PM FLM has now been listed on BitMart! BitMart is the #16 exchange by volume.
https://www.bitmart.com/trade/en-US?symbol=FLM_USDT (https://www.bitmart.com/trade/en-US?symbol=FLM_USDT) Official Announcement: https://x.com/BitMartExchange/status/1916798599708528701 (https://x.com/BitMartExchange/status/1916798599708528701) Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on April 30, 2025, 12:47:50 PM "The first of 24 monthly FLOCKS distributions for Flamingo's Asset Support Initiative have been sent.
These FLOCKS are given to support those who held f- and p-assets and were affected by the Poly Network exploit in August 2024. https://explorer.onegate.space/transactionInfo/0x7adec8ccfeacb795e337f09dcd5bdc961335f39ca383b0dc6a2d9faa731f0cf7 (https://explorer.onegate.space/transactionInfo/0x7adec8ccfeacb795e337f09dcd5bdc961335f39ca383b0dc6a2d9faa731f0cf7) You can read the Asset Support Initiative article we published after the exploit happened last year here: https://medium.com/flamingo-finance/poly-network-bridge-exploit-and-the-asset-support-initiative-c80c636255bb (https://medium.com/flamingo-finance/poly-network-bridge-exploit-and-the-asset-support-initiative-c80c636255bb)" Also, I asked the team about the different income (fees) for FLOCKS: 100% of all trading 66% of all interest on Lend 66% of all margin maintenances fees 5% of minting x% of all new stuff like fees from the new cross-chain And 25% of all the FLOCKS income go to buy back and burn FLM Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on May 16, 2025, 05:46:36 PM It´s time for marketing. The team just announced the following on Flamingo Discord
"@everyone I had some community members ask me to announce here when paid ads for Flamingo started again. Flamingo paid ads officially started (again) today. We're now running paid ads every day on over 700 crypto websites, such as: coinmarketcap.com etherscan.io coingecko.com geckoterminal.com dextools.io basescan.org beincrypto.com solscan.io apespace.io bscscan.com whattomine.com watcher.guru coinpaper.com ftmscan.com cointelegraph.com And hundreds more. 💪 The ad has already been seen thousands of times on these sites. Currently the ads we are running are for FLOCKS. More to come for OrderBook+, Lend, and so on." Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on May 19, 2025, 05:15:43 PM Another week, another update from our hard working Flamingo Team. Announcement: https://medium.com/flamingo-finance/flamingo-update-may-19-2025-94841850ca9a (https://medium.com/flamingo-finance/flamingo-update-may-19-2025-94841850ca9a) Most important information: "You can now directly mint FUSD with USDT on Flamingo. Users can mint FUSD with either USDT on Neo N3 or with USDT on Ethereum. You can now also unwrap FUSD to USDT on Neo N3." Also: "On Wednesday, May 21, 2025, we will remove Bonus APR from pools on Flamingo and adjust FLM minting down to 86,400 FLM per day." > Current minting: 146,880 FLM/day "When Bonus Pool minting is removed, you will no longer get bonus APR from staking in certain pools on Flamingo when having an FUSD loan. That said, removing Bonus APR will make it more attractive for everyone to stake in liquidity pools on Flamingo (not only to those with a loan)." "What’s next for Flamingo? The Flamingo team is always working on improving the platform. Up next, in the coming weeks, you’ll be able to add various LP tokens (tokens you get from adding liquidity to liquidity pools) as collateral to Flamingo Lend, and borrow FUSD against them. Keep an eye out for more announcements ahead!" Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on May 26, 2025, 02:28:44 PM "FLOCKS Epoch 8 has ended, and Epoch 9 has begun. 💰 Total Epoch 8 Payout: $10,981.18 FLM Burned in Epoch 8: 277,717 You can now claim your dividends from Epoch 8 here: https://flamingo.finance/flocks/overview" Stay tuned for more news from the Flamingo team ;). Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on June 02, 2025, 02:36:30 PM Another week has passed and the team announced the following: "FLOCKS Epoch 9 has ended, and Epoch 10 has begun. Total Epoch 9 Payout: $9,091.78 FLM Burned in Epoch 9: 304,585 You can now claim your dividends from Epoch 9 here: https://flamingo.finance/flocks/overview" Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on June 09, 2025, 10:49:45 PM Weekly news from the team:
"FLOCKS Epoch 10 has ended, and Epoch 11 has begun. Total Epoch 10 Payout: $11,025.41 FLM Burned in Epoch 10: 172,454 You can now claim your dividends from Epoch 10 here: https://flamingo.finance/flocks/overview (https://flamingo.finance/flocks/overview)" The Flamingo developers are also still working on the liquidity pool collateral feature, where you can use your LP/staked tokens to lend FUSD. Title: Re: Flamingo Finance (FLM): Innovative DeFi on the NEO Blockchain Post by: mrxdaunknown on June 17, 2025, 08:56:34 AM It´s time for dividend payout:
"FLOCKS Epoch 11 has ended, and Epoch 12 has begun. Total Epoch 11 Payout: $11,677.03 FLM Burned in Epoch 11: 250,593 You can now claim your dividends from Epoch 11 here: https://flamingo.finance/flocks/overview" Any other news? For example: When LP tokens as collaterals for Lend? Response from the team: "Working on it, it's a very tricky thing to solve, but it is in audit now" |
