Explaining Claiming on Flamingo Finance's OrderBook+
Welcome to our deep dive into Flamingo Finance’s OrderBook+, the next-generation decentralized order book running on the Neo N3 blockchain! In this video, we’ll explain how OrderBook+ works, including why manual claiming is necessary and how the system optimizes for efficiency and security without compromising decentralization.
We’ll break down key concepts like how limit orders and market orders interact, why some trades auto-claim while others require manual claiming, and how the smart contract design minimizes GAS costs while scaling for thousands of transactions.
Whether you’re new to Flamingo or a seasoned DeFi enthusiast, this video will give you the knowledge you need to trade effectively on OrderBook+.
🔑 What We’ll Cover:
The difference between limit orders and market orders.
Why manual claiming is essential for security and cost optimization.
Insights into the testnet competition and what’s next for OrderBook+
🔥 Get involved in the future of DeFi:
1️⃣ Join our testnet trading competition and win GAS prizes!
2️⃣ Share your feedback to help improve the OrderBook+ experience.