Tokenomics & Burn Mechanics - Flying Tulip采用“token first”方法，平台在向用户支付之前，先在市场上购买FT代币，然后以FT代币支付 [1] - 初始融资池（10亿美金）部署到低风险场所，预计产生约4%的收益，用于运营支出，然后购买FT代币并销毁 [1] - PUT机制允许以票面价值赎回FT代币（当FT代币仍在NFT中时），赎回后销毁FT代币；如果出售/转让（放弃PUT），释放的抵押品用于购买FT代币并销毁 [1] - 团队认领代币时，进行匹配的市场购买并销毁；如果团队选择资本，则销毁相应数量的FT代币 [1] - 协议净收入（扣除分配和成本后）用于购买FT代币 [1] - 在解锁100亿名义价值的FT代币之前，购买的FT代币分配比例为：40%基金会/20%团队/20%生态系统/20%激励，并进行匹配销毁，以保持净流通量不变；达到100亿名义价值后，收入回购用于销毁 [1] Revenue & Payouts - 收入和收益来源于：收取的费用（用户费用分成）用于购买FT代币并分配给用户 [1] - “Token-first”用户支付预算（资金转移、供应商贷款利差分成、做市商/LP和Perps激励、ftUSD收益、保险奖励）用于购买FT代币并分配给用户 [1] Strategic Implications - 二级购买者没有PUT（驱动融资的机制） [1] - Flying Tulip采用“token first”方法，通过在市场上购买FT代币进行支付，而不是铸造新代币，因此分配是非通胀的，并且随后的每次销毁都会收紧供应而不是扩大供应 [1]

Beautifully written. https://t.co/J52OfRl98Nflyingtulip.com (@flyingtulip_):The token economy needs a reset.Most projects sell tokens to spend them. We believe tokens should earn before they exist.Appreciate this deep dive by @hazeflow_xyz into how Flying Tulip rethinks fundraising, revenue alignment, and perpetual downside protection. ...

RT flyingtulip.com (@flyingtulip_)对 Flying Tulip 的设计理念与架构进行了深入而全面的解析，聚焦于流动性质量、本金保护与系统的长期可持续性。感谢 @yueya_eth 的专业分析。 ...

RT None (@None)None ...

RT Graham Novak (📜,📜) (@gnovak_)@matthuang We're also seeing new business models that only work in higher-interest rate environments. For ex, what Andre is doing with Flying Tulips could be considered a High Interest Rate Phenomenon companyhttps://t.co/1brcGNr2uD ...

RT DoctorDeFi (@DoctorDeFi)https://t.co/t7KF9dPOej ...

RT flyingtulip.com (@flyingtulip_)풍성한 한가위 보내시길 바랍니다 🍁 https://t.co/7Xm6Q0Gw5Q ...

Overview of Flying Tulip - Flying Tulip is an onchain exchange combining a volatility-aware hybrid AMM & CLOB, trade rebates, impact-based lending, and deposit & forget delta neutral lending and perps [1] - The platform aims to be a comprehensive DeFi solution, integrating various functionalities into a single exchange [1] Fundraising and Valuation - Flying Tulip successfully raised $200 million in its seed round [1] - The Fully Diluted Valuation (FDV) is $1 billion [1] - An additional $800 million will be raised through a public sale of $FT tokens, maintaining a $1 billion FDV [1] Tokenomics and Revenue Model - The team receives no initial token allocation [1] - Compensation is tied to open-market buybacks funded by protocol revenues [1] - Raised funds will be deployed into DeFi strategies, targeting a 4% annual yield [1] - Yield will finance operations, ecosystem incentives, and token buybacks [1] Platform Features and Advantages - Trading fees will be 002% or lower, positioning it as one of the lowest compared to major exchanges [1] - Leverage will be up to 50x+ [1] - The platform offers adaptive curve, integrated money market, leverage trading, perps and options [2] - No wallet required [2] Development and Deployment - The platform has been under development for months [1] - Initial deployment will be on Sonic before expanding to Ethereum, Avalanche, BNB Chain, and Solana [1] - The company has 15 employees and is actively hiring [1]

Project Overview - Flying Tulip is developing a DeFi exchange/financial marketplace integrating spot trading, derivatives, lending, options, structured yield, and risk transfer within a cross-margin framework [1] - The platform employs a hybrid/volatility-aware AMM + CLOB architecture to optimize price execution and liquidity efficiency [1] - Andre CronjeTech implements a dynamic Loan-to-Value (LTV) model, adjusting borrowing limits based on volatility, slippage, collateral size, and market depth to reduce liquidation risk and enhance capital efficiency [2] Key Innovations - Adaptive curve AMM model reduces slippage in calm markets, handles price swings in volatile markets, and decreases impermanent loss by adjusting its "curve exponent" based on volatility [3] - Dynamic LTV adjusts borrower's limits dynamically per asset and market conditions, allowing more borrowing during stable periods and tightening limits in volatile times [4] - Cross-margin & unified pools features aim to reduce friction, increase capital efficiency, and improve user experience [4][5] Tokenomics and Funding - The team has no initial token allocation, with earnings accruing via open-market buybacks funded by protocol revenue [5] - The project raised $200 million in private funding at a $1 billion valuation [7] - A public sale of the native token $FT is planned at the same $1 billion valuation, with 100% unlock on TGE for investors [7]

RT Eli5DeFi (@eli5_defi)➥ The $FT Blueprint: From Yield to Buybacks in DeFiTypical DeFi raises hand teams tokens upfront and leave investors exposed.@flyingtulip_ flips this by protecting capital, removing team allocations, and funding through yield until fees kick in.Here’s why Tulip's model stands apart 🧵— — —► What is Flying TulipFlying Tulip is a full-stack onchain exchange from @AndreCronjeTech, built on @SonicLabs. It aims to fix capital inefficiency in DeFi and align incentives between investors and ...