NeoEcosystem

🔹 What is $GAS (NeoGas)?🔹
GAS, also known as NeoGas, plays a crucial role in the Neo blockchain ecosystem. While Neo (NEO) is the primary cryptocurrency of the network, GAS acts as the fuel that powers the Neo platform and governs its operations. Here’s everything you need to know about this unique crypto asset:

💡 Key Facts About GAS:
1️⃣ Dual-Currency System: Neo has two coins: NEO, the primary cryptocurrency, and GAS, which is used to manage the network’s operations.
2️⃣ Governance and Control: $GAS is essential for controlling management rights over the Neo network. It is used for activities like accounting reconciliation and changes to network parameters.
3️⃣ Limited Supply: Both NEO and GAS have a fixed total supply of 100 million coins each.
4️⃣ Usage: GAS is required for smart contract execution and for companies using the Neo blockchain to run decentralized applications (dApps). This includes fees for smart contract registration and network activities.

⚙️ How $GAS Works:
Every time a smart contract is fulfilled on the Neo network, GAS is spent for bookkeeping and verification through blockchain technology. Companies building on the Neo blockchain must pay GAS to run their apps, and this GAS is recycled back to NEO holders along with newly generated GAS.

📈 Potential for Growth:
As the Neo network continues to grow in usage and adoption, the amount of GAS generated by holding NEO will increase. This creates the potential for greater rewards for NEO holders, further fueling the network’s expansion.

🔮 GAS and NEO’s Future:
Currently, mining for GAS is not activated, but once it is, the rewards could become even more significant, driving further interest in the Neo ecosystem.


💥 Why GAS Matters:
For anyone involved in the Neo network or interested in decentralized applications, understanding GAS is key to unlocking the full potential of the Neo blockchain.

#Neo #GAS #NeoGas #Blockchain #NeoEcosystem

FLM 🚀🔥There are some large buy orders in the price range of 0.0183 – 0.0185, notably a 1,134,961 FLM order, which indicates that there are whales or an investment group accumulating in this price range.
The price is increasing: 0.2 $ - 0.4 $

• The price of FLM 🚀🔥has increased by +10.12%, trading around 0.0185 USDT – a good sign in the short term, especially as the trading volume has also increased recently.

FLM is showing signs of a breakout!
• Large buy orders are appearing on the exchange!
• The price has risen sharply +10%, trading volume has surged!
• The supply of FLM is decreasing significantly through FLOCKS, creating scarcity!
Do you believe FLM will make a comeback?
#FLM #FlamingoFinance #CryptoGem #AltcoinSeason #NeoEcosystem

FLM – The DeFi project of the Neo ecosystem is making a strong comeback!
Flamingo Finance (FLM) is an all-in-one DeFi platform on the Neo ecosystem, offering various features such as swap, yield farming, staking, and DAO governance. What is special is that FLM operates on a completely decentralized mechanism and has no pre-mine or ICO – all FLM is distributed to the community through actual activities. At a time when Neo is showing signs of returning to the race, FLM is one of the projects that has been 'awakened' as well. The current price is still low compared to the previous peak, creating a good opportunity for long-term investors or wave chasers.

#FlamingoFinance
#FLMtoken
#NeoEcosystem
#
#HiddenGem