The @flyingtulip_ raise is grabbing the crypto headlines
ā ļø but the real alpha is in these 5 facts we didnāt know until now:
1ļøā£ 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)
2ļøā£ Retail enters at the exact same FDV / valuation as institutions, at $1B
No markup, making it one of the fairest major token launches (ever?)
3ļøā£ 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
4ļøā£ 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
5ļøā£ The Cronje signature growth flywheel is how all the pieces fall into place
Yield funds buybacks + incentives ā stronger token and deeper liquidity ā more users and fees ā more yield to restart the cycle
This simply signals sustainable growth instead of short-term emissions