X @Andre Cronje

9bn FT burned. No mint ability. These tokens could never become circulating, so it was a non-event. However, since originally 10bn FT was minted, this created "$1bn FDV" numbers, even though it never was, it was always only what was in the Options, since no other ways for FT to become circulating. But burning seems easier than explaining that.FDV currently $44k (assuming all remaining PUT's exercise) or $52.47m if all PUT's withdraw FT.Sometimes the simple answer is the correct one.flyingtulip.com (@flyingt ...