What is Flamingo?The Flamingo DeFi platform helps you convert tokens, provide liquidity, and earn yield through staking.
The Flamingo token (FLM) functions as the rewards token users can earn by adding liquidity to liquidity pools and staking their liquidity pool tokens (LP tokens).
The platform facilitates automated transactions between cryptocurrency tokens on the Neo N3 blockchain through the use of smart contracts.
The Flamingo Finance DeFi platform is compiled of several asset actions users can take: SmartStake, Convert, Wrap & Unwrap, Add Liquidity, Remove Liquidity, Stake, and Unstake.
CONVERT Convert is Flamingo's on-chain Auto Market Maker (AMM). Flamingo's AMM adopts the Constant Product Market Maker (CPMM) model, which was popularized in many AMM-based DEXs, such as Uniswap.