Cryptocurrency Q&A
What is flamingo coin?
What is flamingo coin?
AmyDavis
Tue Oct 29 2024
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7 answers
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Flamingo Coin, or FLM, is the native token of the Flamingo platform, a decentralized finance (DeFi) protocol built on the NEO blockchain. It offers services like token swaps, liquidity provision, and staking for rewards. FLM has a maximum supply of 1 billion tokens, designed to be released gradually over 17 years. Holders can invest in the Flamingo Single Stake Fund (FLUND) or use FLM for voting in the platform's governance.
7 answers
Carlo
Thu Oct 31 2024
Flamingo is a decentralized finance (DeFi) protocol designed to offer various financial services in a seamless manner.
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Caterina
Thu Oct 31 2024
Flamingo (FLM) is a digital asset with unique functionalities.
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Giulia
Thu Oct 31 2024
It serves as the native token of the Flamingo platform, which operates on the Neo blockchain.
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Alessandra
Wed Oct 30 2024
Another important aspect of Flamingo is its staking mechanism. Users can stake their FLM tokens to generate yield, which serves as an incentive for holding the asset.
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HanjiArtistry
Wed Oct 30 2024
The platform acts as an all-in-one solution for users interested in DeFi applications.
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