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 El Salvador
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 On-going challenges and promotions
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FAQ
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El Salvador is the smallest and most densely populated country in Central America, wedged between the Pacific, Guatemala to the west, and Honduras to the north. Beaches and wild islands, charming villages, coffee plantations in the mist, the road of flowers, a Mayan site classified by Unesco, the immense Lake Coatepeque, a country rich in history, a pleiad of volcanoes, El Salvador should seduce you for sure.
With one of the best road networks in Latin America and a small surface area, El Salvador is very easy to visit because bus transportation works well. They are American buses repainted in colors but not always comfortable for long journeys of a few hours. We call them "Chicken buses" because we are all squeezed inside! The capital, San Salvador, is set in a spectacular volcanic landscape and hosts many museums and the National Theater. From the capital, there are many possibilities to travel around the country. You are a 30-minute drive from the beach and a 20-minute drive from the nearest volcanoes.
The country's official language is Spanish, and its currency is USD. Whether you're in San Salvador, Santa Ana, Soyapango, San Miguel, or anywhere in El Salvador, you can buy cryptos using USD on Bitget. Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.