@flyingtulip_ Combine that with 682,121 FT tokens already bought back funded by protocol revenue, not emissions and you've got a system built to survive stress, it does not just look good in a bull run. But worth watching.
No unstaking period. No exit queue. Instant redemptions.
Most DeFi yield products don't tell you this part until you actually try to leave. Here's why it matters 🧵
@flyingtulip_'s ftUSD skips that entirely. Mint/stake with USDC or USDT, redeem instantly, no queue, no lockup. Currently projecting 11.54% APY on Ethereum, 13.99% on Sonic.
@FtmLfg85744@therollupco@flyingtulip_@AndreCronjeTech "-99%" from what baseline, on what date? Yearn's been running since 2020 and Keep3r's still live. If you mean token price vs ATH, that's true for basically every 2020-2021 DeFi token industry-wide, including ETH's drawdown from its highs. Name a specific project and timeframe.
I've been on this platform since 2009.
Every algorithm change, every format, every trend cycle.
One thing never changed:
Attention goes to whoever shows up consistently with something worth reading and I actually messed up on that lately.
Stay tuned cause I'm back 100%.
Deposit capital, and if you don't like what the team is building, exit at any time and get EXACTLY what you deposited in amount and token.
No special terms for VCs, no free tokens for team.
Team only gets rewarded if products generate revenue.
@flyingtulip_ is the first and only fair launch in crypto.
It's not "funds fleeing." That $5M drop is users closing the perpetual PUTs, exactly as designed. Those exits triggered 918k $FT buy and burn yesterday, which brought about 7.48M in total. Allocation is still ~$178M in Aave/Lido, so I think the mechanics are working.
https://t.co/teYjkSTeoK