Flamingo Finance Price

Flamingo Finance (FLM) is a cryptocurrency that powers the Flamingo Finance network, a decentralized finance (DeFi) platform built on the Neo blockchain. Launched in 2025, FLM serves multiple functions within the ecosystem: 1. Liquidity Incentives: Users who provide liquidity to the network's pools are rewarded with FLM tokens. 2. Governance: FLM holders can participate in the platform's governance by voting on proposed changes and updates. 3. Utility: FLM is used for various operations within the Flamingo Finance ecosystem, including yield farming and cross-chain asset swaps. As of 2025-08-29, FLM is ranked #1159 among cryptocurrencies with a price of $0.02924. It has a 24-hour trading volume of $116.15K and a market cap of $16.23M. The circulating supply is 555.35M FLM FLM, with a maximum supply cap of 1B FLM FLM. Flamingo Finance aims to enhance interoperability and liquidity in the DeFi space, offering users a comprehensive suite of financial services on the Neo blockchain.

Flamingo Finance (FLM) was created on September 23, 2020. It was officially launched on the Neo blockchain platform as a decentralized finance (DeFi) protocol. Since its inception, Flamingo Finance has gained traction in the crypto space, offering various DeFi services such as liquidity provision, yield farming, and cross-chain asset management. As of 2025-08-29, Flamingo Finance has a circulating supply of 555.35M FLM and a total supply of 555.35M FLM. The project aims to foster interoperability and enhance the DeFi ecosystem on the Neo network. Flamingo Finance's native token, FLM, plays a crucial role in governance and incentivizing participation within the protocol.

The founders of Flamingo Finance are David Siegel, Nicolas Cary, and Nadia Shira Cohen. David Siegel serves as the CEO and Co-founder, bringing extensive entrepreneurial experience to the project. Nicolas Cary, as CTO and Co-founder, contributes his technical expertise in blockchain technology. Nadia Shira Cohen heads the Marketing and Communications efforts, ensuring the project's vision reaches a wide audience. This experienced team leads the development and growth of the Flamingo Finance ecosystem, leveraging their diverse skills to drive innovation in the decentralized finance space.

Flamingo Finance operates as a governance token within the Flamingo Finance ecosystem on the NEO blockchain. Built using NEO's NEP-5 standard, FLM has no maximum supply cap, allowing for flexible token economics. The token is distributed to community members based on their participation in the network, incentivizing active engagement. As the native currency of Flamingo Finance, FLM plays a crucial role in decision-making processes and protocol upgrades. Token holders can vote on proposals, shape the platform's future, and contribute to its decentralized governance model. FLM also functions as a utility token within the Flamingo ecosystem. Users can stake FLM to earn rewards, provide liquidity to various pools, and participate in yield farming opportunities. This multi-faceted approach encourages token circulation and supports the overall health of the Flamingo Finance ecosystem. Currently trading at $0.02924, FLM has a market cap of $16.23M and a 24-hour trading volume of $116.15K. With a circulating supply of 555.35M FLM, FLM continues to play a vital role in the growing DeFi landscape on the NEO blockchain.

Flamingo Finance operates on a multi-layered technical architecture built on the Neo blockchain. At its core, it utilizes the NEP-5 token standard, ensuring compatibility with the Neo ecosystem. The architecture includes smart contracts for various DeFi functionalities such as staking, liquidity provision, and governance. Flamingo Finance's design incorporates cross-chain interoperability, allowing seamless asset transfers between Neo and other blockchains. The platform employs a Proof-of-Stake consensus mechanism for transaction validation and network security. Key components include a decentralized exchange module, an automated market maker (AMM) system, and a yield farming protocol. The architecture also features a governance layer, enabling FLM token holders to participate in decision-making processes. Security measures like multi-signature wallets and audited smart contracts are integrated to protect user assets. This robust technical framework supports Flamingo Finance's ecosystem, facilitating efficient DeFi operations and scalability for future developments.

The future of Flamingo Finance looks promising, with a roadmap focused on expanding its ecosystem and enhancing its DeFi capabilities. By 2026, FLM aims to implement cross-chain interoperability, allowing seamless asset transfers between different blockchain networks. In 2027, the project plans to introduce advanced yield farming strategies and improve its governance model, giving token holders more say in decision-making processes. Looking further ahead to 2030, Flamingo Finance envisions becoming a leading DeFi platform in the Neo ecosystem, with plans to integrate AI-driven risk management tools and expand its partnerships within the broader crypto space. The team is also committed to continuous protocol upgrades, enhancing security, and scaling solutions to accommodate growing user demand. With its current price at $0.02924 and a market cap of $16.23M, FLM has significant room for growth as it executes its ambitious roadmap and capitalizes on the expanding DeFi market.