Flamingo Price

FLM (Flamingo) is a token that belongs to a full-stack DeFi protocol based on Neo's interoperability. It mainly consists of six parts:

1. Wrapper: Cross-chain asset gateway.
2. Swap: On-chain liquidity provider.
3. Vault: One-click asset management service.
4. FUSD: Synthetic stablecoin asset.
5. Perp: PerpFutures trading platform utilizing an automated market maker mechanism.
6. DAO: Decentralized autonomous organization for governance.

The FLM token is the governance token of the Flamingo platform, allowing holders to vote on changes to platform parameters, decide whether to issue more FLM tokens, and so on. The Flamingo project was incubated by Neo Global Development (NGD) and aims to achieve bidirectional asset flow in a multi-chain environment. The governance mechanism of the project will gradually transition from POA (Proof-of-Authority) to DAO for community self-governance.