.@flyingtulip_ PUT marketplace getting some action.
🔹Total volume > $1M
🔹Revenue $4200
🔹Biggest Sale: $254K
🔹Most sales in a day - 10 (worth $100k)
Community dashboard: https://t.co/MVO0wYIn9w
Official Marketplace: https://t.co/9SInrRliLH
Fresh numbers from @flyingtulip_ revenue up to $238k, burns hit 6.65M $FT (~$665k), ftUSD $685k with 5.27% yield. Multi-chain drops this week big ups 🙌!
PS: Watch for scams like @OxKevinRich report/block.
Join Discord for Question: https://t.co/uv7eC527XO
$FT just hit rank #175 on CoinGecko and it’s sitting at a strong ~$198.7 million market cap right now. Circulating supply: 2.03 billion tokens already out there!!
Total supply is almost 10 billion though… only about 20.3% circulating 👀 That means massive room to run when the rest unlocks. Who’s loading up before it moons?
JUNE 2028.
You can still withdraw your FT, you can still exit your Perpetual PUT, and you can still hold.
These options are permanent, NO DEADLINE: https://t.co/fnMsy5r4Y4
Withdrawal means you invalidate the PUT and remove downside protection.
This ONLY makes sense if the price of $FT on the open market is HIGHER than what you would get by EXITING your position, or selling your PUT on the MARKETPLACE: https://t.co/22bZuxOimj
BE SMART: Initially, there should be almost 0 available tokens on market. Bids need to be attractive enough for PUT holders to withdraw FT.
Our engine, ONCE there is revenue from products, will keep increasing its bids until its attractive enough for someone to withdraw FT and sell.
@flyingtulip_ then becomes an active bidder wherever there is sufficient liquidity, with the focus on our spot market once it launches.
It makes little sense to withdraw before, and lose your redemption right. And money.