The @flyingtulip_ raise is grabbing the crypto headlines ⚠️ but the real alpha is in these 5 facts we didn’t know until now: 1️⃣ Roll out will take place first on @SonicLabs with zero-fee trading The full stack (spot, perps, lending, ftUSD, insurance) will then roll out to Eth , AVAX, BNB, and Sol (This should put everyone at ease) 2️⃣ Retail enters at the exact same FDV / valuation as institutions, at $1B No markup, making it one of the fairest major token launches (ever?) 3️⃣ Retail are also protected by the perpetual put At any time, $FT can be burned to redeem the original contributed asset Redemptions are managed transparently by smart contracts with queues and rate limits to ensure solvency 4️⃣ Buybacks are yield-funded, not emission-funded Up to $1B of raised capital sits in onchain strategies like Aave, Ethena, and Spark, generating 4% annually ($40M) That recurring yield is recycled into buybacks and liquidity support, creating constant demand without dilution 5️⃣ The Cronje signature growth flywheel is how all the pieces fall into place Yield funds buybacks + incentives → stronger token and deeper liquidity → more users and fees → more yield to restart the cycle This simply signals sustainable growth instead of short-term emissions

The Block
@TheBlock__
09-30
EXCLUSIVE: Andre Cronje's Flying Tulip raises $200 million at $1 billion token valuation https://theblock.co/post/372787/andre-cronje-flying-tulip-funding-crypto-token-valuation?utm_source=twitter&utm_medium=social…
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