On the 22nd of July, Flamingo finance – a full-stack interoperable DeFi protocol, announced on their official Twitter handle a new feature that would be added to the protocol – The Limit order book.
The Neo and Poly network is well known for offering several DeFi services in one ecosystem. From an on-chain liquidity pool to a blockchain asset vault, a cross-blockchain bridge, and also a perpetual trading platform, with many other new features released to make the platform an ultimate DeFi gateway.
With an order book feature; trades on crypto assets will be automatically activated at the preferred price value of the trader. Unlike centralized exchanges where a user will be forced to leave their assets on the platform for its order book to execute the trade, Flamingo creates an on-chain order book where users lock assets in a smart contract. With this, traders need not worry about the safety of their crypto assets as they will be interacting without intermediaries.
With the protocol aiming to build an advanced trading interface for its users, there would be more exciting features for users to utilize. Users have also expressed their delight in the new feature that would soon be added to the platform.
Aside from the order book; other amazing features of the new advanced trade include:
- Detailed trading pair info that gives users information on any selected trading pair, including the real-time price of the base token in USD.
- A beginner-friendly trading view that takes technical analysis to a whole new level, with this, users can add indicators, compare prices against pairs, and many more.
- Plain sailing trading lists where users see all trades on the trading pair happening live on the trading list.
- An easy-to-use trading panel that allows users to buy and sell tokens in seconds. With the new order book feature; users would have more to play with on the platform.