Flamingo Finance Unveils 2025 Focus on OrderBook+2.0 and the FLOCKS

Flamingo
Finance’s
team
has
communicated
their
strategic
focus
for
the
upcoming
year,
2025,
via
an
announcement
on
their
official
Discord
server.
The
two
main
areas
of
concentration
will
be
the
OrderBook+
2.0
and
the
FLOCKS
token.

OrderBook+
2.0
is
an
advanced
order
book
based
on
blockchain
technology.
It
employs
automated
market
makers
and
limit
orders
to
create
a
decentralized
trading
protocol,
effectively
narrowing
spreads.
On
the
other
hand,
FLOCKS
represents
the
next
stage
of
FLUND,
a
one-sided
staking
index-like
fund.

Before
the
end
of
2024,
the
development
team
of
Neo’s
largest
non-custodial
exchange
aims
to
introduce
new
token
pairs
that
the
OrderBook+
2.0
can
accommodate
on
the
Neo
N3
TestNet.
Currently,
OrderBook+
2.0
supports
trading
for
FLM,
fUSDT,
fWBTC,
and
GAS.
Flamingo
plans
to
incorporate
new
tokens
with
6
or
18
decimals
and
pairs
with
significantly
high
or
low
prices
to
observe
various
potential
trading
situations.
The
team
is
strategically
deploying
assets
to
evaluate
the
system’s
performance
under
a
range
of
market
conditions.

As
the
team
readies
the
second
iteration
of
OrderBook+
for
MainNet,
the
focus
is
on
ensuring
the
full
stability
of
the
contract
code.
If
testing
during
the
winter
holiday
season
only
uncovers
non-critical
bugs,
January
will
be
dedicated
to
polishing
the
user
interface
(UI).
Upon
the
completion
of
UI
and
smart
contract
tests,
the
development
team
intends
to
roll
out
the
MainNet
upgrade.
The
team
acknowledges
this
as
a
“major
milestone
and
a
significant
undertaking,”
and
promises
to
keep
all
stakeholders
informed
at
every
stage.

Simultaneously,
Flamingo
is
also
gearing
up
for
the
launch
of
FLOCKS
in
2025.
The
FLOCKS
token
contract
is
currently
live
on
the
Neo
N3
TestNet
and
is
in
the
integration
process
with
the
front
end.
Barring
any
major
bugs
in
the
contract
testing
and
UI
implementation,
Flamingo
plans
to
deploy
the
smart
contract
and
module
on
the
platform
in
January
2025.

FLOCKS
signifies
the
next
phase
of
FLUND,
which
debuted
in
2022
as
a
one-sided
staking
feature
that
receives
a
portion
of
daily
FLM
minting
rewards
and
fees
collected
on
the
DeFi
platform.
Originally
conceived
as
a
digital
asset
to
encourage
long-term
holding,
FLUND
saw
a
high
degree
of
short-term
trading.
To
counter
this,
Flamingo
hiked
the
exit
fee
from
0.5%
to
2%
later
that
year
to
deter
short-term
swaps.

Learning
from
past
experiences,
FLOCKS
is
designed
to
incentivise
long-term
holders
by
distributing
platform
activity-derived
fees
as
dividends.
It
will
also
provide
token-based
vote
weight
once
the
team
integrates
governance
capabilities.

 

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