What is Flamingo (FLM)?
Flamingo is a decentralized finance (DeFi) platform built on the Neo N3 blockchain. It was introduced in 2022 with a range of asset actions and innovative features. Through PolyNetwork, the Flamingo protocol is connected with various other blockchains, including Ethereum and Ontology, allowing users to leverage its interoperability to gain access to more assets within the broader blockchain ecosystem. Flamingo aims to deliver unprecedented capital efficiency and liquidity compared to isolated DeFi protocols.
How Flamingo (FLM) Works
Flamingo offers a suite of DeFi solutions as follows;
- SmartStake feature allows users to wrap assets, add liquidity to a trading pair liquidity pool, and stake their LP tokens all in a single click. The Flamingo token (FLM) functions as the rewards token users can earn by adding liquidity to liquidity pools and staking their LP tokens.
- Convert is an Automatic Market Maker (AMM) that employs the Constant Product Market Maker (CPMM) model to establish the price based on liquidity.
- Wrap and Unwrap is the tool that can wrap any digital assets and bring it to the Neo blockchain.
- Add and Remove Liquidity allows users to provide liquidity and earn passive income via trading fees.
- Stake and Unstake enables users to stake their LP tokens to earn rewards in FLM tokens.
- Earn feature is a one-stop asset manager that integrates asset staking and collateralized stable coin issuance. Users can track their rewards in real-time and claim their rewards in FLM after staking LP tokens.
- Single Stake Fund (FLUND) is a DEX-Traded Fund (DTF) that investors can invest FLM into to earn more FLM.
As can be seen above, FLM token plays a very active role in the Flamingo ecosystem. Its main utility is to encourage and incentivise participants within the ecosystem.
How Many Flamingo (FLM) Tokens Are in Circulation?
The total supply of FLM token, the native token of the Flamingo, is 1,000,000,000, and 453,222,554 of them are in circulation.
How to Buy Flamingo (FLM)
Consider investing in Flamingo (FLM)? It only takes 2 minutes to create an account on Bitget and start trading FLM.
Check out the available FLM trading pairs on Bitget!
Spot market
Flamingo (FLM) Resources
Simple 3-step guide to buying FLM today in French Guiana
Create your free Bitget account
Select a funding method
Complete your Flamingo purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Flamingo using a payment method of your choice:
Buy Flamingo with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Flamingo order.
How to buy crypto with credit/debit cardBuy Flamingo with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Flamingo is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Flamingo order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Flamingo order.Buy Flamingo with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Flamingo order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Flamingo in your Bitget spot wallet
Bitget—where the world trades Flamingo
How to buy Flamingo for free
- Learn how to earn Flamingo for free through the Learn2Earn promotion
- Earn free Flamingo by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Flamingo airdrops by joining ongoing challenges and promotions
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FAQ
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An overseas department of France situated along the northern Atlantic coast of South America, French Guiana spans more than 83 square kilometers and is the second largest region of France as well as the largest and outermost region within the European Union. Despite its size, the nation has a very low population density, with less than 300,000 inhabitants, almost half of which reside in the capital city of Cayenne.
In fact, a staggering 98.9% of the French Guiana’s landmass is covered by forests, and the Guiana Amazonian Park – the EU’s largest national park – covers more than 40% of French Guiana itself. This makes the country a perfect destination for those looking for adventures in nature, whether it’s visiting the Zoo de Guyane, taking an excursion to the Devil’s Island, bird watching in the Marshes of Caw, or relaxing on the Rémire-Montjoly Beach. If you also happen to drop by Cayenne, be sure to visit the city’s central market, located near the Place des Palmistes.
The official currency of French Guiana is the Euro (EUR), and with direct support from Bitget, you can purchase Flamingo(FLM) in just a matter of minutes, no matter where you are in the country, from Cayenne to Matoury to Saint-Laurent-du-Maroni. Our exchange offers a series of secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.