FLM

FlamingoFLM

Rank #523
Token
On 34,060 watchlists

Flamingo Price (FLM)

$0.1007
6.25%

0.000003342 BTC3.36%

0.00004968 ETH3.17%

Low:$0.09551
High:$0.1028
24h
FLM  Flamingo FLM
Price:
$0.1007
 6.25%
Market Cap
$31,459,956
6.25%
Market Cap / TVL Ratio
0.7279
Fully Diluted Market Cap
$31,459,956
6.25%
Total Value Locked (TVL)
$43,220,816
Volume
24h
$7,623,098
0.53%
Volume / Market Cap
0.2423
Circulating Supply
312,284,062.00 FLM
Max Supply
--
Total Supply
312,284,062

Flamingo to USD Chart

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FLM

Flamingo

USD

United States Dollar

FLM Price Statistics

Flamingo Price Today
Flamingo Price$0.1007
Price Change24h$0.005926
6.25%
24h Low / 24h High
$0.09551 /
$0.1028
Trading Volume24h$7,623,097.53
0.53%
Volume / Market Cap0.2423
Market Dominance0.00%
Market Rank#523
Total Value Locked (TVL)$43,220,816
Flamingo Market Cap
Market Cap$31,459,955.68
6.25%
Fully Diluted Market Cap$31,459,955.68
6.25%
Flamingo Price Yesterday
Yesterday's Low / High
$0.09126 /
$0.09819
Yesterday's Open / Close
$0.09334 /
$0.09628
Yesterday's Change

3.15%

Yesterday's Volume$7,715,061.21
Flamingo Price History
7d Low / 7d High
$0.09051 /
$0.1094
30d Low / 30d High
$0.07864 /
$0.2027
90d Low / 90d High
$0.0881 /
$0.288
52 Week Low / 52 Week High
$0.07864 /
$0.7914
All Time High
Apr 07, 2021 (a year ago)
$1.24
91.89%
All Time Low
May 12, 2022 (11 days ago)
$0.07864
28.11%
Flamingo ROI

84.91%

Flamingo Supply
Circulating Supply312,284,062 FLM
Total Supply312,284,062 FLM
Max SupplyNo Data

FLM to USD Converter

FLM

Flamingo

USD

United States Dollar

FLM Price Live Data

The live Flamingo price today is $0.100741 USD with a 24-hour trading volume of $7,623,098 USD. We update our FLM to USD price in real-time. Flamingo is up 6.25% in the last 24 hours. The current CoinMarketCap ranking is #523, with a live market cap of $31,459,956 USD. It has a circulating supply of 312,284,062 FLM coins and the max. supply is not available.

If you would like to know where to buy Flamingo at the current rate, the top cryptocurrency exchanges for trading in Flamingo stock are currently Binance, OKX, FTX, MEXC, and LBank. You can find others listed on our crypto exchanges page.

What Is Flamingo (FLM)?

Flamingo is a decentralized finance (DeFi) platform based on the Neo blockchain and the Poly Network interoperability protocol. It combines several DeFi applications into a single ecosystem: a cross-blockchain asset gateway (wrapper), an on-blockchain liquidity pool (swap), a blockchain asset vault, a perpetual contract trading platform (perp) and a decentralized governance organization (DAO).

Different components of the Flamingo network are planned to be launched in several phases:

  • Token wrapper for Bitcoin, Ethereum, USDT, Neo, Ontology and others: September 23, 2020
  • Swap and LP token staking: September 30, 2020
  • Phase 3 vault launch and stablecoin issuance: October 28, 2020
  • Perp launch: November 25, 2020
  • DAO launch: December 23, 2020

Who Are the Founders of Flamingo?

The founder of Flamingo is Da Hongfei, a Chinese entrepreneur also known for co-founding one of the main competitors of Ethereum: the blockchain network Neo, which Flamingo is based on. Hongfei has also co-founded OnChain, a private blockchain services company.

Da Hongfei has a degree in English and technology from the South China University of Technology and has worked as the CEO of the IntPass Consulting firm prior to teaching himself how to code and entering the blockchain scene in 2013-2014.

What Makes Flamingo Unique?

Flamingo positions itself as a singular platform that combines multiple decentralized finance tools for Neo into a common ecosystem that will be governed by its users via a decentralized autonomous organization.

Decentralized finance is a nascent, fast-growing trend in the cryptocurrency industry that encompasses various financial solutions that often operate on top of cryptocurrency blockchains. Working as a sort of second-layer industry, DeFi platforms are conceptually aligned with the idea of the cryptocurrency industry as a whole: eliminating third parties and singular points of failure from monetary and financial systems. Having emerged in early 2019, by mid-2020 the DeFi industry already boasted over $4 billion in locked collateral assets.

Some of the main use cases in DeFi are cryptocurrency lending, yield farming and decentralized exchanges. However, for most cryptocurrencies and their respective DeFi environments, each of these solutions is usually provided by a single separate platform.

Flamingo’s unique advantage comes from the fact that it’s aiming to combine all the key financial instruments for the Neo cryptocurrency token (token wrapping, liquidity pooling, asset vault and contract trading) and make them available via a single platform that will be governed by its own users in a decentralized way.

To read more about Neo, click here.

Our educational portal Alexandria has tips and guides for learning more about crypto.

Check out CoinMarketCap’s blog here.

How Many Flamingo (FLM) Coins Are There in Circulation?

FLM tokens are planned to be issued in several batches and distributed among the ecosystem’s participants based on their actual participation in the network. Flamingo’s team emphasizes the fact that no FLM tokens will be sold, minted or given to the platform’s team prior to its public launch.

During the first week after the launch of the Flamingo Vault — the so-called “mint rush” period — 50 million FLM are to be distributed among staking pools.

After the launch of Flamingo Swap (week 2-5), 40 million more FLM will be distributed to liquidity providers.

During week 6-9, an additional 30 million FLM will be distributed among liquidity providers and FUSD minters.

Finally, during week 10-13, another 30 million FLM are set to be distributed between liquidity providers, FUSD minters and Flamingo Perp traders.

There is no upper limit on the total FLM supply: after the initial period of minting and the launch of the governing decentralized autonomous organization, the issuance of new FLM tokens and their distribution will be subject to the consensus of the ecosystem’s users.

How Is the Flamingo Network Secured?

FLM is based on NEP-5, Neo’s token compatibility standard, so it is secured by Neo’s blockchain. In turn, Neo is secured by two hash functions: SHA-256 (the same one Bitcoin [BTC] is secured by) and RIPEMD-160.

Where Can You Buy Flamingo (FLM)?

As of October 2020, FLM token trading is not yet available at any of the cryptocurrency exchanges and can only be received via direct participation in the Flamingo network. We will update this page when FLM starts trading on publicly available exchanges.

Converter

FLM

Flamingo

USD

United States Dollar

FLM Price Statistics

Flamingo Price Today
Flamingo Price$0.1007
Price Change24h$0.005926
6.25%
24h Low / 24h High
$0.09551 /
$0.1028
Trading Volume24h$7,623,097.53
0.53%
Volume / Market Cap0.2423
Market Dominance0.00%
Market Rank#523
Total Value Locked (TVL)$43,220,816
Flamingo Market Cap
Market Cap$31,459,955.68
6.25%
Fully Diluted Market Cap$31,459,955.68
6.25%
Flamingo Price Yesterday
Yesterday's Low / High
$0.09126 /
$0.09819
Yesterday's Open / Close
$0.09334 /
$0.09628
Yesterday's Change

3.15%

Yesterday's Volume$7,715,061.21
Flamingo Price History
7d Low / 7d High
$0.09051 /
$0.1094
30d Low / 30d High
$0.07864 /
$0.2027
90d Low / 90d High
$0.0881 /
$0.288
52 Week Low / 52 Week High
$0.07864 /
$0.7914
All Time High
Apr 07, 2021 (a year ago)
$1.24
91.89%
All Time Low
May 12, 2022 (11 days ago)
$0.07864
28.11%
Flamingo ROI

84.91%

Flamingo Supply
Circulating Supply312,284,062 FLM
Total Supply312,284,062 FLM
Max SupplyNo Data