🚨BREAKING: @FlyingTulip_ is preparing a public token sale with a built-in refund mechanism.One of the most prolific defi builders, @AndreCronjeTech, famous for his work with @yearnfi and Fantom/Sonic, has returned with the launch of Flying Tulip.The innovative part of Flying Tulip? The deposit and refund mechanism from the token sale:All deposits are deployed into Aave yield, with the team taking only the generated returns.Depositors receive FT tokens and can claim a full refund at 10c at any time via on-ch ...

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 ...