In regards to the Binance Monitoring tag placed on $FLM:
We've sent a message to Binance to clarify the 1000% spike in activity on Flamingo and the milestones we have reached.
We hope the message makes it clearer for Binance that Flamingo is building and growing.
Innovation takes time, and we hope that Binance understands that and chooses to support web3 innovation.
Our message included the following:
In short, the significant increase in both trading volume and transactions — over 423,000 transactions (+1017%) — has been driven by two major product launches and a new deflationary mechanic introduced to the $FLM token model.
Notably, a large share of this volume has occurred within the last 14 days, underscoring the immediate impact and momentum of these rollouts.
We then went on to spotlight all the work being done with Lend, $FUSD, OrderBook+, $FLOCKS, and more.