$FLM The FLM token from Flamingo has seen a significant increase in its price over the last 24 hours. Here are some key details about FLM:
- *Current price*: $0.0407, with a 25.85% increase in the last day
- *Market capitalization*: $22.21 million, with a 25.86% increase
- *24-hour trading volume*: $47.82 million, with a 759.14% increase
- *Total supply*: 545.75 million FLM tokens, with a maximum supply of 1 billion tokens
Flamingo is a decentralized finance (DeFi) platform that combines various applications into a single ecosystem, including:
- *Asset gateway between blockchains*: allows the exchange of assets between different blockchains
- *Liquidity pool*: provides liquidity for asset exchange
- *Asset vault*: stores and manages blockchain assets
- *Perpetual contracts trading platform*: allows trading of perpetual contracts
- *Decentralized autonomous organization (DAO)*: enables decentralized governance of the platform
FLM tokens can be used in the network's governance model, allowing holders to vote on proposed changes and updates to the network.