Everything you need to understand @SonicLabs, now in one place.
We've partnered with Sonic to build an investor relations portal.
This new dashboard showcases Sonic's fee monetization, vertical integration, token burns, and ecosystem metrics.
$S is up 23.9% this week. Here's why:
🟢 Sonic launched its $USSD stablecoin backed by US Treasury assets.
🟢 Binance Earn disclosed a total of 76M $S staked.
🟢 Sonic burn tracker just went live.
I've been tweeting about the $S ecosystem over the years.
It's an interesting ecosystem, and that's why I think that $FT is going to do well.
As a Venture Capital, we've been deploying capital in a lot of protocols.
However, recent years haven't been a great year for most of the launches.
- Neither for VC investors
- Neither for retail investors
That needs to improve and develop in a way that it's going to be beneficial for everyone.
The concept behind Flying Tulip is new, and looks to be ready to be making everyone a winner.
Keypoints:
- It's the first token sale ever with a built-in perpetual put. In this way, you'll be able to get your money back on any moment.
- There's 100% principal protection via on-chain refunds.
- The same valuation for everyone, 100% unlock at TGE.
Through this strategy; valuations will be going back towards normal valuations + everyone becomes a winner straight from the start.
This makes investing into new protocols fun again.
What is $FT and who is the team?
Flying Tulip is a new protocol built by Andre Cronje and aims to become the on-chain exchange: trading, perps, lending, stablecoins and multiple markets.
Unified liquidity across the exchange to smoothen the trading in a more efficient manner.
Built by the Sonic & Yearn team, and, there won't be any team tokens unlocked at TGE. There won't be any pre-mine as well.
I've quoted the tweet where you can join. Again, there are risks involved into investing into new protocols, however, I think that this is a great approach going forward, hence why I'm interested.
@AndreCronjeTech has been significantly involved in Fantom / Sonic for over 8 years. He and I have known each other for equally as long.
In June 2018, as a result of the previous team’s mismanagement, I honestly thought the project was over before it even began. But Andre-without asking for anything in return-adapted a lot of technology he had already researched and developed and applied it to the Fantom Project. We built a tech team together, and eventually launched the first mainnet in 2019.
Andre then significantly grew the treasury, allowing us to fund further business and technical development.
His brain operates faster than anyone else’s I’ve seen. He is extremely creative and a brilliant developer, which is why I’ve personally invested in and fully believe that @flyingtulip_ will be very successful.
He has also been very kind and supportive of those around him. That’s why we’ve been friends for more than 8 years.
LATEST: ⚡ Sonic Labs plans to build and acquire core protocol apps to increase the utility of the S token, moving from a gas fee model to vertical integration across trading, payments and risk markets.
In following updates, we will expand on leadership, the Sonic development fund, institutional expansion, tokenomics, governance, integrated revenue verticals, and more.
Happy New Year, everyone! 🥂
To celebrate, we’re giving 1,500 USDC to one lucky member of the community.
To enter:
- Like and retweet this post
- Share your most ambitious goal for 2026 in the comments
Good luck! 🤝