Flamingo Finance has launched its 2024 roadmap, together with the launch of Orderbook+ v2; FLOCKS, an evolution of the FLUND single-staged staking index-style fund; a token public sale module; and extra. Flamingo 3D designer SOMNIUMWAVE has created a video highlighting the breadth and depth of the upcoming modifications to the DeFi platform.
OrderBook+ v2
OrderBook+ is a block-based order e-book that makes use of automated market makers and restrict orders to create a decentralized buying and selling protocol with tighter spreads. AMMs enable customers to commerce tokens permissionlessly and routinely by way of liquidity swimming pools, whereas restrict orders routinely set off a commerce on the person’s pre-selected worth of an asset.
The v2 updates purpose to enhance velocity and precision, whereas additionally bettering liquidity and the block-based ordering course of by limiting direct entry to the AMMs. As an alternative, all buying and selling processes first undergo the order e-book contract, which then accesses the AMMs. The final word purpose is to supply smoother on-chain transactions and tighter spreads.
Moreover, v2 lays the inspiration for future options corresponding to margin buying and selling and superior order sorts.
COME
FLOCKS is the subsequent evolution of FLUND, initially created to satisfy the demand for single-sided betting on Flamingo. The group deliberate to make use of FLUND as a part of a long-term acquire-and-hold technique. Nevertheless, the digital asset car has been host to a excessive diploma of short-term buying and selling.
As soon as reside, FLOCKS holders will earn charges from the platform as a type of dividend. The FLOCKS protocol may even combine governance weighting to permit customers to vote on platform actions, corresponding to including liquidity swimming pools.
On the time of writing, no additional info is out there on extra methods to encourage long-term investing.
Token Public sale Providing
TAO goals to supply a good mechanism for tasks to use for itemizing on Flamingo, by providing their very own clear and environment friendly token public sale. A mission will suggest to record its token on Flamingo, and if the public sale reaches a predetermined quantity threshold, the token might be routinely listed and offered by Flamingo with a liquidity pool for trade.
The complete announcement might be discovered by way of the hyperlink beneath:
https://medium.com/flamingo-finance/flamingo-finance-flies-into-2024-new-roadmap-unveils-exciting-features-76b0aed141f2