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 Oman
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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Oman – officially the Sultanate of Oman – is an Arabian country situated in southwestern Asia, sharing land borders with Yemen, the United Arab Emirates, and Saudi Arabia, as well as maritime borders with both Iran and Pakistan. The nation spans the mouth of the Persian Gulf and is home to just 3 million inhabitants, with 1.65 million people living in the capital of Muscat alone. There, you’ll find historic sights such as the promenade of Mutrah Corniche, the Sultan Qaboos Grand Mosque, the Royal Opera House, the Wadi Bani Khalid canyon, and Yiti Beach.
Of course, there’s also plenty to see outside of Muscat. Salalah is another popular destination among tourists, especially for those looking for a more relaxed experience. Some of the top things to do in this historic city include visiting Al Mughsail Beach and Al Fizayah Beach, or the Wadi Darbat valley, as well as the Sumharam Old City and Marneef Cave. Monsoon months are the best time to visit Salalah, so anywhere from June to August would be ideal.
Oman uses the Rial (OMR) as its official currency, and with Bitget, you can purchase cryptos in just a matter of minutes, no matter where you are in the country, from Muscat, Salalah, Nizwa, to Sohar. 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.