Flamingo Introduces New Liquidity Pools — Get Ready to Stake!

Flamingos, we are excited to announce the launch of our new liquidity pools (outlined in our Wave 3 article published yesterday)!

These pools offer exciting opportunities for staking, but we want to highlight a few key points to ensure a smooth experience for everyone involved.

Important Considerations

Low Liquidity: As these pools are new, liquidity might be low at the start. This could result in price impacts during trading. Don’t worry — our system will display a warning when liquidity is low, so you’ll be well-informed before making any transactions.

Maintaining the Correct Pool Ratio: Before adding liquidity, please verify that the pool’s token ratio is correct. If the ratio is off, we recommend making trades to balance the pool before adding your liquidity. This helps ensure you avoid any imbalances when staking and achieve optimal results.

By following these steps, you can maximize the benefits of the new liquidity pools and contribute to a more efficient and balanced ecosystem.

Happy staking, and as always, we appreciate your participation!

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).