Flamingo is an interoperable full-stack DeFi protocol based on Neo. A Defi protocol that realizes low-friction and two-way flow of assets in a multi-chain environment. The first phase includes Neo, Ethereum, Ontology and Cosmos SDK-based blockchain asset flows.
Flamingo is an interoperable full-stack DeFi protocol based on Neo. Flamingo is mainly composed of six parts:
Wrapper: A cross-chain asset gateway.
Swap: An on-chain liquidity provider.
Vault: One-click asset management service.
FUSD: A synthetic stablecoin asset.
Perp: A perpetual contract trading platform utilizing an automated market maker mechanism.
DAO: A governance platform for decentralized autonomous organizations.

The FLM token is the governance token of the Flamingo platform. FLM holders can vote to change platform parameters, decide whether to issue additional FLM tokens, etc.
In the early days of the Flamingo project, FLM tokens will be distributed for the following use cases:
Cross-chain asset collateral.
Liquidity Provider (LP) token staking.
Generate FUSD, the synthetic stablecoin asset of the Flamingo platform.
Mortgage FUSD as margin for perpetual contract transactions.
Participate in the governance of DAO.