DeFiDeepDive: Flamingo.finance (FLM) DeFi CRYPTO EXPLAINED
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Check out today's video where we dive into the various components of the new DeFi platform called Flamingo.finance on the NEO blockchain. We discuss how to stake and earn passive income in 2020 on this new crpyto project.
This platform is very popular in Asia and features low cost gas fees and cross-chain capabilities. We talk about the next step of the roadmap : the fUSD stablecoin minting, the leveraged trading in the new Perp module by year-end, and discuss how impermanent loss and other risks are present with these new projects and something to keep in mind at all times.
As always, do your own research, and stay safe.
#flm #neo #defi
Coinbase is giving away $10 of free $COMP crypto: https://coinbase.com/earn/comp/invite...
Chapters:
0:00 Intro
0:24 What's Next?
1:11 Income and Wrapper
1:30 Swap
3:50 Vault Phase 2
4:30 Vault Phase 3
6:20 Perp
7:06 Outro