Whitepapers Flamingo FLM White Paper Explained Summary

Flamingo FLM White Paper Explained Summary

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Flamingo FLM White Paper

Summary:

-Flamingo is an interoperable, full-stack decentralized finance protocol built on the Neo blockchain.
-Flamingo is comprised of five main components, including Wrapper – a crosschain asset gateway, Swap – an on-chain liquidity provider, Vault – a one-stop asset manager, Perp – an AMM-based perpetual contract trading platform, and also DAO – a decentralized governance mechanism.
-FLM is the governance token of Flamingo and will be 100% distributed to the community based on participation.
-The Flamingo project is incubated by Neo Global Development* (NGD), underscoring Neos vision to build the Smart Economy, of which decentralized finance is a crucial component.
-NGD will facilitate the early-stage development of the Flamingo project, and the governance mechanism will gradually transit from Proof-of-Authority (POA) to DAO. The Flamingo project will eventually run by the community.

Explained – Flamingo FLM White Paper. Learn in depth about differnet coins on the blockchain by understanding whitepapers.

There is a lot to learn about this futuristic tech, lets get started to dive into the Flamingo FLM white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

We will deep dive into how the coin works by understanding the whitepaper and its summary. Flamingo (FLM).

Lets understand Flamingo (FLM) after going through the Flamingo FLM white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

Flamingo FLM White Paper

Flamingo FLM white paper will be going to provide you, all the information that is needed to get started with Flamingo (FLM), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Flamingo (FLM).

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Introduction

Flamingo is an interoperable, full-stack decentralized finance protocol built on the Neo blockchain. Flamingo is comprised of five main components, including Wrapper – a crosschain asset gateway, Swap – an on-chain liquidity provider, Vault – a one-stop asset manager, Perp – an AMM-based perpetual contract trading platform, and also DAO – a decentralized governance mechanism. FLM is the governance token of Flamingo and will be 100% distributed to the community based on participation.

The Flamingo project is incubated by Neo Global Development* (NGD), underscoring Neos vision to build the Smart Economy, of which decentralized finance is a crucial component. NGD will facilitate the early-stage development of the Flamingo project, and the governance mechanism will gradually transit from Proof-of-Authority (POA) to DAO. The Flamingo project will eventually run by the community.

White Paper Link: Flamingo (FLM) White Paper

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