Quick Check Out the Flying Tulip Public Sale Impossible Finance is currently holding a Flying Tulip public sale. The key feature is the built-in principal protection option, so here's a quick overview! 1. Core Structure - Price: 1 FT = $0.1 (fixed) - FDV: Determined by fundraising amount (not fixed) - Hard Cap: $1B 2. Purchase Method (Perpetual PUT) - ftPUT NFTs are issued instead of FT tokens - Price increases → FT can be withdrawn and sold - Price decreases → 100% of principal is returned upon NFT burn - No maturity date 3. Team Incentives - Unlocked solely through price increases and yields - Unlocked only when actual protocol revenue is generated 4. Schedule & Participation - Deadline: February 16 - TGE: Expected to be in February-March - Where to Participate This is a unique sale method that structurally protects against downside and opens only upside. Consider it a token sale with a refund option. For more detailed information and FAQs, please refer to the relevant tweet! However, DYOR is always required for sale participation, and there is also opportunity cost risk, so please make your own judgment carefully...!!!
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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