Experience the Future of DeFi with Flamingo’s OrderBook+ 2.0, Now Live on Mainnet
Flamingos, it’s official. After years in the making, and months of community and team testing, we’re excited to unveil a groundbreaking advancement in decentralized trading infrastructure: Flamingo Finance’s new block-based, on-chain OrderBook+ 2.0, now live on the Neo N3 mainnet.
Welcome to the Future of DeFi
After years of pure innovation, Flamingo has done what has never been done before: built a completely decentralized, on-chain, block-based orderbook on layer 1.
On Flamingo’s OrderBook+, you can now trade like you’ve never traded before, with fully decentralized order matching. Traders can expect to be able to make limit and market orders with enhanced liquidity routing mechanisms, right on the Neo N3 blockchain.
Block-Level Order Matching
Our novel approach enables order execution directly within blockchain blocks, eliminating traditional exchange intermediaries and reducing latency.
On-Chain Transparency
Every order, trade, and transaction is permanently recorded on the Neo N3 blockchain, ensuring complete transparency and immutability.
Zero AMM Price Impact
For the first time ever, you can now trade completely decentralized, with zero price impact. With traditional AMM trading, trades are made in and out of liquidity pools, causing price impact directly on the coins you are buying and selling. Not with OrderBook+. On OrderBook+, trades are made with other traders’ orders.
Advanced Liquidity Mechanisms
- Seamless liquidity aggregation between LP token and limit order liquidity
- Automated market-making by utilizing platform liquidity pools
Performance Metrics
- 99.99% uptime reliability during stress tests
- Unlimited transaction volume (only capped by Neo N3 chain limits)
- Guaranteed queue placement and execution order (unusual for DEX order books as whales usually get priority)
Your Keys, Your Coins
OrderBook+ represents a fundamental reimagining of decentralized trading infrastructure, providing traders unprecedented efficiency and control. Your keys, your coins, has never been truer. Gone are the days of sacrificing the security of your coins, giving them to a centralized exchange to hold for you, and making paper trades.
Optimized GAS Fees
We’ve worked around the clock to make sure you can make trades on the Neo blockchain with as little GAS fees as possible.
Extensive Trading Pairs
The following trading pairs are now available to place limit orders with:
- bNEO/FLM
- FLM/FUSD
- bNEO/FUSD
- GAS/FUSD
- WBTC/FUSD
- WETH/FUSD
- BNB/FUSD
- SWTH/FUSD
- ONT/FUSD
- CAKE/FUSD
- WING/FUSD
- GM/FUSD
- FUSD/USDT
- FLM/WBTC
- bNEO/GAS
Testing Testing, One Two
Between the team and the community, we’ve tested OrderBook+ for months now on testnet with the goal of ensuring a rock-solid mainnet experience that is robust, safe, and secure, and to gather real-world feedback from testnet usage before going full throttle with mainnet. We held several high volume trading competitions and our community did not disappoint with volume, feedback, and bug reports. After 22 release candidates, we finally had the trust of the community, and the confidence to safely and fully launch OrderBook+ on the Neo N3 mainnet.
How do I start trading?
For guidance on how to trade with OrderBook+, you can check out our step-by-step OrderBook+ user guide in Flamingo Learn, How to Place Limit Orders with OrderBook+. You can also watch along in our video guide here:
What’s next?
Now that OrderBook+ 2.0, years in the making, is officially live on mainnet, going forward you can expect to see:
- More marketing than you’ll know what to do with, including more sleek video ads, paid ads on social platforms (where DeFi is allowed), influencer marketing, more live Discord and X Spaces events, more live AMAs, more Trading Competitions, more Zealy campaigns (transformed to focus on platform usage), more educational content, the continuation of the Flamingo Ambassador Program, more booths at crypto and defi events, and much, much more.
- A significant cut to the FLM emission rate.
- The also long-awaited mainnet launch of our new dividend-bearing token, FLOCKS, and with it, diversified dividends and governance powers for holders, and FLM burning for every FLOCKS that is minted.
- A new Flamingo cross-chain bridge.
- Flamingo functionality on Neo X.
Thank you for joining us on this innovative journey. Stay tuned for more updates as we continue to build the future of DeFi.
As always, we’ll see you in the pools.
Flamingo Finance is a DeFi platform built on the Neo N3 blockchain. Designed with Smart Functions for beginners to advanced cryptocurrency users, Flamingo makes DeFi easy for everyone.
Whether you want to stake in liquidity pools and earn yield, borrow crypto against your collateral, or simply trade from one token to another, Flamingo Finance is the place to be.
To stay in touch with us and keep up to date on all things Flamingo, please join us on Discord or Telegram, and connect with us on X (Twitter).
