Flamingo is a DeFi platform that operates on the NEO blockchain. It offers five different applications within the same ecosystem: Wrapper, Swap, Vault, Perp, and DAO. In addition, the platform’s governance token, FLM, is 100% distributed to members and can be used on the platform for staking and participating in DAO governance.
The advantage of Flamingo’s platform lies in its combination of multiple DeFi components. Wrapper is a cross-chain asset gateway. Swap functions to provide on-chain liquidity. Vault serves as an asset manager. Perp is an AMM perpetual contract trading platform. Finally, DAO is Flamingo’s decentralised governance organisation.