Using LP tokens (tokens you receive from adding liquidity/staking on Flamingo) as collateral to borrow our stablecoin $FUSD with is now live on Flamingo $NEO N3 Testnet!
🦩 On Wednesday, May 21, 2025, we'll be dropping $FLM minting rate per day to 86,400 and changing $FLM pool distribution from "Previous" to "Current" as seen here.
🦩 We're kicking up the marketing a notch this week, starting with manning the Flamingo station in the Neo booth at @consensus2025, educating thousands of attendees about Flamingo.
🏝️ Next, we're running paid ads again across hundreds of top crypto sites.
Due to @Neo_Blockchain's recent notice to shut down Neo Legacy, @MEXC_Official exchange will be permanently suspending deposits and withdrawals of $FLM on Neo Legacy on May 19th, 6:00 UTC.
$FLM deposits and withdrawals on Neo N3 will continue to be supported.
🦩 With Flamingo's next update, you'll be able to use LP tokens (your staked tokens from liquidity pools) as collateral for Flamingo Lend to borrow $FUSD against, and also continue receiving APR from them...