What is Flamingo (FLM)?

Deep Dive

1. Purpose & Value Proposition

Flamingo aims to simplify cross-chain DeFi by unifying asset management, trading, and yield generation. Its key innovation is the Flamingo Flund, a non-inflationary DTF where users stake FLM to earn platform fees and minting rewards (Flamingo Finance). This addresses the “inflation dump” risk common in single-stake pools by converting fees into FLM buy pressure.

2. Technology & Architecture

Built on Neo N3, Flamingo uses Poly Network for cross-chain interoperability, allowing users to bridge assets like BTC and ETH into its ecosystem. Key components include:
- Wrapper: Converts external assets into Neo-compatible tokens.
- Swap: AMM-based liquidity pools with FLM rewards.
- Vault: Collateralized stablecoin minting.
- Perp: Decentralized perpetual contracts.

3. Tokenomics & Governance

FLM has a fixed supply of 1B tokens, with ~564M circulating as of November 2025. New tokens are minted until 2039, incentivizing liquidity providers and Flund stakers. The DAO governs protocol upgrades, fee distribution, and treasury management.

Conclusion

Flamingo is a Neo-powered DeFi suite focused on cross-chain liquidity and sustainable yield mechanisms. While recent exchange delistings have impacted visibility, its roadmap emphasizes interoperability upgrades like a new bridge beyond Poly Network. Can its modular design adapt to shifting multi-chain demands?