Andre Cronje has just announced Flying Tulip, a high-performance trading platform built entirely on-chain, which is now starting to raise funds from investors in America. Flying Tulip utilizes a delta-neutral aggregated liquidity pool supported by staking yield, allowing investors to obtain perpetual sell rights for tokens based on the exchange rate and the type of underlying asset invested, including BTC, ETH, SOL, USDC, USDe, USDS, and ftUSD.
According to the plan, the raised capital will be deployed into Flying Tulip’s yield-generating strategies, using only the yield portion to drive the launch phase, expand marketing, support the launchpad, increase token liquidity, and carry out buybacks. The $FT token has a fixed supply, evenly split 50% for investors and 50% for the fund, with no inflation or issuance rewards. $FT is currently not listed, and Cronje warns investors to be cautious of fake projects.
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