TechFlow news, according to an official announcement from Binance, on September 23, 2020 at 16:00 (Hong Kong time), Binance announced the launch of the third project on its "Binance New Coin Mining" platform—Flamingo (FLM). According to the official announcement, Flamingo is a full-stack DeFi protocol based on Neo with cross-chain interoperability. The FLM token is the governance token of the Flamingo platform. FLM holders can vote on changes to platform parameters and decide whether to issue additional FLM tokens.
Starting from September 27, 2020 at 08:00 (Hong Kong time), users can deposit BNB and BUSD into two separate pools to mine FLM tokens. Additionally, Binance will list FLM on September 28, 2020 at 15:00 (Hong Kong time), launching trading pairs FLM/BTC, FLM/BNB, FLM/BUSD, and FLM/USDT.
