FT Token
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X @Andre Cronje
Andre Cronje· 2026-02-07 12:19
Flying Tulip FDV is not standard FDV.Standard FDV = total supply * price.FT token can only be introduced into the system if it is backed by a PUT (there is no other mechanism. So each FT token is backed by its corresponding PUT option.This means that each token is backed by its own 10c. This is closer to a NAV valuation than FDV.We are simply capping participation at 10bn tokens. However viewing this in terms of FDV is a faulty metric, since that's not what the project is being valued at, the valuation of t ...
X @Andre Cronje
Andre Cronje· 2026-02-03 12:06
RT TOPEH♠️ (@topehsol)Flying Tulip ( $FT) public purchase, quick overviewIf you’ve ever joined a token sale and walked away more confused than when you started, this one is different.Flying Tulip has stripped the process down so participants know exactly what they’re opting into, with no hidden mechanics or last minute surprises.The public purchase runs from Jan 27, 8:00 AM UTC to Feb 5, 8:00 AM UTC, with timing adjusted to be more accessible across regions.here is how it works. The sale is open to everyone ...