X @Andre Cronje

RT CoinList (@CoinList)Understanding Flying Tulip's Refund Mechanism 🧵When you participate in the @flyingtulip_ sale, you don’t receive freely tradable $FT immediately.Instead, you mint an FT NFT that wraps your allocation and embeds a standing redemption right (the Perpetual PUT).Think of it as an onchain wrapper that holds:• Your allocated FT tokens• The right to redeem your original capital at parYou have three choices:1️⃣ HoldKeep your FT inside the Perpetual PUT. You participate in token upside while r ...