.@flyingtulip_ ftUSD yield on Sonic is now touching 40%. 🤯
Zero incentives.
Bids are also live on the updated Flying Tulip PUT dashboard. You can now select PUTs based on backing capital, collateral, and timeframe before placing your bid.
ftUSD: https://t.co/y8xrSQSmQy
Marketplace: https://t.co/pdAtBq07He
🚨 $GOBG IS NOW LIVE 🚨
The wait is over.
After weeks of memes, music, stories, and chaos, $GOBG is officially live on https://t.co/9SvAOfXKen.
👺 Become part of the Goblin Greed.
🟢 Buy $GOBG:
[https://t.co/Rsfaj8B5Zf]
📜 Contract Address:
Dt82HkanzhTQ9ktq7fLEcmxQjVxjBoBNnNQxrTGmpump
The gates are open.
The Goblin is no longer waiting.
#GOBG #ChainOfLegends #pumpfun #memecoin #crypto #DeFi #TokenLaunch
.@flyingtulip_ uses circuit breakers to continuously monitor funds leaving the protocol.
They are implemented for PUT withdrawals, ftUSD redemptions, and Lend withdrawals.
If outflows for a given asset spike beyond a threshold over a short period, a pattern often associated with exploits or liquidity attacks, circuit breakers automatically rate-limit or queue withdrawals.
Circuit Breaker (ftPUT): https://t.co/au6PhVQcqr
Circuit Breaker v2: https://t.co/jKRAeY1Hs5
Core protocol revenue buybacks are beautiful to watch as they scale on @flyingtulip_
Every buyback on this chart is funded by protocol-generated revenue.
And this is just one source among multiple value accrual mechanisms built into the ecosystem
Real revenue.
Real buybacks.
Real value accrual.
ethereum:0x5dd1a7a369e8273371d2dbf9d83356057088082c 🌷👀
Italy is returning to nuclear power. The scepticism many feel, I understand – it comes from images of old reactors.
SMRX goes further: subcritical, thorium not uranium, no transuranic waste. Inherently safe.
https://t.co/sTbrO1Pd9h
FT's first big drawdown event, equity account based lending only liquidated about ~$50k in liquidations, equity accounting meant far less liquidations (netted risk vs discounted collateral) and soft liquidations meant far smaller amounts (average liquidation sizes were $200-$2k), in LTV based system this number would have been 10x-20x higher.
Safer, less volatile, smaller haircuts.
https://t.co/Ux9p3maqCv
Just when you thought crypto/DeFi was dead, @flyingtulip_ comes in with novel, onchain verifiable DN strategies that could actually scale.
Staked ftUSD APY:
▪️Ethereum: 26.5%
▪️Sonic: 25%
No incentives. Pure yield. Instant minting and redemption.
https://t.co/bgK5veYSJK
PUT sales are flying.
As spot ethereum:0x5dd1a7a369e8273371d2dbf9d83356057088082c moves closer to the PUT strike price, activity is picking up on the @flyingtulip_ PUT NFT marketplace.
Over $55k worth of sales in the past 24 hours.
https://t.co/D4wxBxuDMi
Flying Tulip May Update
In May, we focused on optimizing, hardening, and scaling ftUSD, margin-based Lend, and the infrastructure needed for Spot, Leverage Trading, and TRS.
ftUSD supply grew from $1.49M to $2.07M, with activity-based APY of 29.36% on Sonic and 8.02% on Ethereum. Margin-based Lend expanded to Ethereum, and total Lend TVL reached $4.90M — all without incentives or points.
Read the full update: https://t.co/g3B15fxmIH
It's smol, but being revenue positive since day 1 definitely helps alleviate a lot of the usual "crypto project sustainability" concerns. Very happy with the first 90 days.
Flying Tulip Weekly Update - May 29
This week: ftUSD became available as collateral on Lend, BTC borrow costs were reduced on Sonic and Ethereum, and Sonic Lend borrowing parameters were updated to make borrowing more accessible.
ftUSD supply and Margin Lending TVL continued to grow, with ftUSD APY on Sonic increasing to 4.57% — all without incentives, points, or leverage-driven farming, and with instant redemptions.
More stats in reply 👇
.@flyingtulip_ yields are looking strong here, with no incentives and no leverage.
ftUSD yield
Mint via USDC, USSD, or USDT
🔹 Ethereum: 5%
🔹 Sonic: 5%
Margin Lending USDC deposit APY
🔹 Ethereum: 3.5%
🔹 Sonic: 8.02%
https://t.co/S5dDtT70cA
https://t.co/bgK5veYSJK
ftUSD is now available as collateral on Lend.
Also, BTC borrow costs were reduced on Sonic and Ethereum through interest rate model optimization.
Sonic Lend parameters were updated to make borrowing more accessible:
▸ minimum margin equity reduced: $250 → $10
▸ minimum repayment amount reduced: $10 → $2