Flamingo Finance Announces 2025 Roadmap Centered on OrderBook+ 2.0 and the FLOCKS Token

Flamingo Finance has announced the team's area of focus going into 2025 on its official Discord server, primarily centered on OrderBook+ 2.0 and the FLOCKS token.

Neo’s largest non-custodial exchange, Flamingo Finance, has disclosed its development plans for 2025 on its official Discord server. The team will primarily focus on OrderBook+ 2.0 and the FLOCKS token.

Flamingo Finance to Enhance OrderBook+ 2.0, Integrate More Tokens, and Launch FLOCKS in 2025.Announced by Flamingo Finance on its official Discord server, the Neo DEX development team will prioritize adding new token pairs that OrderBook+ 2.0 can support on the Neo N3 TestNet before 2024 concludes. Currently, OrderBook+ 2.0 supports trading for FLM, fUSDT, fWBTC, and GAS. Flamingo will integrate new tokens with 6 or 18 decimals and pairs with very high or low prices to monitor different potential trading scenarios. The team notes that they’re deploying assets in this manner to test the system in varying market conditions.

As Flamingo prepares the second version of the OrderBook+ for MainNet, the team will focus on ensuring the contract code is fully stable. If only non-critical bugs are found during tests conducted during the winter holidays, then January will be spent finalizing the user interface.

When the UI and smart contract tests are complete, the development team plans to release the MainNet upgrade. “This will be a major milestone and a significant undertaking, and we’ll keep you updated every step of the way,” the Flamingo team added.

In addition to the development and upcoming release of OrderBook+ 2.0, Flamingo is also preparing for the release of FLOCKS in 2025.

Flamingo Finance’s FLOCKS Token Contract Now Live on Neo N3 TestNet, Preparing for Smart Contract Launch in JanuaryCurrently, the FLOCKS token contract is live on the Neo N3 TestNet and being integrated into the front end. If there are no major bugs with contract testing and UI implementation, Flamingo intends to launch the smart contract and module on the platform in January 2025.

FLOCKS is the next evolution of FLUND, which launched in 2022 as a single-sided staking feature that receives portions of daily FLM minting rewards and fees accrued on the DeFi platform. Initially envisioned as a digital asset to incentivize long-term holding, the developers found FLUND was host to a high degree of short-term trading. In response, Flamingo increased the exit fee later that year from 0.5% to 2% to disincentivize short-term swaps.

Building on the lessons learned, FLOCKS will incentivize long-term holders by sharing fees derived from platform activity as dividends and offer token-based vote weight after the team integrates governance capabilities.

The full announcement can be found on the Flamingo official Discord server: https://discord.com/channels/748375438467793036/755445263077867670/1319555648337215539