$FT Release week set for February 23, 2026 - DeFi Godfather History #5PC @flyingtulip_ The godfather's project now has over $1.2 billion pledged on Impossible Finance and Coinlist. The project has raised $57 million in AAVE and earned its first $50,000 yield. Understanding Flying Tulip sales correctly: + Token 100% unlock and refund available at any time. The team will primarily generate revenue from DeFi activities and Chia it with the community through buybacks. The profit- Chia ratio is as follows: Foundation/Team/Incentives = 40%/40%/20%. ➡️ With this model, the project has raised over 200 million from various funds in the market such as DWF Labs, Amber Group, CoinFund, etc. However, I still won't be participating in this project for several reasons. The biggest reason is that I don't trust Andre. You can read on to understand more. 🆘 The history of the DeFi godfather - A tradition of abandoning one's children halfway through life. Yearn Finance, Keep3r Network: The Yield project that made Andre famous - now in the dust because the team stopped developing it. Solidly: Initiating the cicada movement (3,3), however also letting go Fantom - Sonic: A project closely associated with Andre's name. After building it for a while, the market entered a downtrend, and in March 2022, Andre announced he was leaving crypto. => When the uptrend returned, Andre made a comeback, rebranded Fantom as Sonic, and ran a bunch of events to attract users. In the end, the Airdrop received were almost zero. Essentially, with a valuation of $1 billion, Flying Tulip is positioning itself as a top 10 DeFi project. That's a figure that's neither too big nor too small in the current landscape. On Polymarket, there's a 45% probability that Flying Tulip's FDV won't exceed $400 million just one day after launch. Disclaimer: All content in this article is for informational purposes only and should not be XEM investment advice.

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