Flamingo Finance is a fully decentralized financial platform built on the Neo ecosystem. By doing so, Flamingo Finance aims to overcome
Flamingo Finance Completes Disbursement of LRB Fund on January 10th
Flamingo Finance, a decentralized financial platform on the Neo ecosystem, announced on January 9th that it will complete the disbursement of the Long-Term Reward (LTR) Fund on January 10th at precisely 20:00 (UTC+8).
This disbursement marks the conclusion of a long-standing initiative by Flamingo Finance to reward its loyal community members with an aggregate of 100,000,000 FLM tokens over a period of two years. The tokens were distributed to participants in tranches, with the final installment being allocated to those who actively provided liquidity to the platform's AMM (Automated Market Maker) throughout the duration of the initiative.
The LTR Fund was established to serve as a valuable incentive for users to contribute to the platform's liquidity and overall growth. As a fully decentralized platform, Flamingo Finance is governed by its community, and the FLM token plays a crucial role in this governance structure.
Flamingo Finance is renowned for its innovative approach to cross-chain interoperability, enabling seamless interaction between diverse blockchains. This capability contributes to overcoming the limitations of using different networks and ultimately enhances liquidity across the broader DeFi industry.
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