The Currency Analytics

NEO Smart Economy (NEO) and Flamingo Seem to Have Done a Great Job in the Binance FLM…

By Dan Saada

NEO Smart Economy (NEO) and Server Crash

Binance recently spoke about how the Flamingo Finance $FLM Token Farming Will Begin Shortly, With a New #Binance Launchpool Format.

In response, Da Hongfei Tweeted:  “Fair launches are usually not as fair/inclusive as it seems to be on paper.

In the Farming period for Flamingo (FLM) tokens, users were allowed to stake BNB or BUSD tokens in to the FLM pools for the preparation for the beginning of the start of farming…

The Launch Pool Format was published clearly.  Beginning with FLM in the future all the Launchpool projects will be moved from Binance Savings in to the Binance Launchpad…

Da Hongfei previously commented stating, there are about 1 billion dollars trusted the team and staked with Flamincome/Flamingo, despite yesterday's glitch.

Sydney Ifergan the crypto expert tweeted: “Regarding FLM pools and staking many of whom from NEO Smart Economy who staked in the Liquidity Pool are waiting to Claim FLM.

While all the staking was happening, Neoline server just crashed due to the huge traffic. Da Honfei reassured that the assets were safe and staked in the smart contract.

In response, someone who got very concerned stated, Thank you Da - it would be wise, harmonious and commendable of you to snapshot people who had wrapped assets in preparation…

Lot of excitement and literally rush to farm FLM was seen.  The traffic and server crash worried many and some of them felt the capacity should have been tested before it all.

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