You can read more on the project here https://medium.com/flamingo-finance/up-the-defi-game-introducing-flamingo-be3eb1c6c426 and https://flamingo.finance/ since we are in the season of defi token, I believe the flamingo token might not be different from other Defi project but it seem to be one of the few to be launched on NEO blockchain. It is still very hard to tell what FLAM have for the crypto community