Flamingo Reverse Pool With SOMNIUMWAVE
Flamingo Reverse Pool with SOMNIUMWAVE has been launched. A reverse pool lets you stake FLM and a second token just like any other Flamingo liquidity pool.
However, it does not pay you staking rewards in FLM but a different token. The staking reward will often be the second token, but it can also be any other token on Neo. In this case, the new FLM-SOM reverse pool will pay rewards in SOM.
SOMNIUMWAVE is a 3D, open-world, multiplayer blockchain game designed to reward players for owning SOMNIUMWAVE NFTs and interacting with others in the metaverse. These NFTs represent in-game assets such as virtual plots of land which are home to buildings/art galleries, which can then be used to showcase your favorite SOMNIUMWAVE NFTs in real-time to other players.
SOM is the native currency that will be use in the SOMNIUMWAVE game. As a NEP-17 token, SOM can be used to purchase things like playable characters, infrastructure (homes, galleries, buildings), vehicles, and weapons.
How TO stake in the SOMNIUMWAVE reverse pool?
You can now stake FLM with SOM and earn SOM. To stake in reverse pools, stake in the same ways you’ve always staked: by manually adding liquidity and staking or by using SmartStake. You can claim rewards as you usually would by selecting Claim and checking the box for the pool you want to claim.
Where to stake in the SOMNIUMWAVE reverse pool?
On the Asset Actions tab on Flamingo.Finance. You can also see all reverse pool stats and Claim your rewards on the Earn page.
The main purpose of the FLM token is to incentivize liquidity providers. On the Flamingo Finance platform as well as to get users involve with the platform.
ABOUT Flamingo Finance
Flamingo Finance is an easy-to-use DeFi platform built on Neo N3. Designed with Smart Functions for everyone, from beginners to advanced cryptocurrency users.
ABOUT SOMNIUMWAVE
SOMNIUMWAVE is an open-world blockchain game designed to reward players for holding NFTs, competing in matchmaking, and exploring a massive world filled with surprises. Players may buy and sell land, vehicles, and weapons using the NEP-17 token $SOM
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