flying tulip raised $280m with a perpetual PUT that lets you redeem $1 USDC anytime forever for every 10 FT tokens. $126m already deployed earning 8-12% yield that funds buybacks if price drops below $0.10. tokens go transferable feb 23. first week of trading tells you if this becomes the new defi fundraising standard or breaks under sell pressure. yield generates $219k daily max buyback power. whales dumping $10m in a day breaks the floor and triggers bank run dynamics. andre cronje's most ambitious mechan ...