New On‑Chain Layer Delivers 8‑12% Passive USDC Yield
So many new building blocks required to get here onchain. You can do this strategy with active management (in a limited fashion onchain), but no passive options, so we had to first rebuild an issuance / settlement layer (ftUSD), that can then feed into a margin based lending system (LTV based doesn't work here), with onchain RFQ for fillers, all just to enable a passive way to scale this trade. Bit more hardening and we can scale up leverage and caps. At scale this does ~8%-12% on USDC/USDT.
Maintenance Lending Launches Scalable ftUSD, Enables Hedged Returns
Maintenance based lending is the first true defi evolution after LTV based lending. Enables an entirely new suite of hedged strategies that can move from active management to passive management. Less stress for borrowers, better yield for depositors. Many new features...
Revenue Rises, ftUSD Yields 7.5% Amid Strong Liquidity
- Revenue up, even when PUT backing down. - ftUSD growing steadily with 7.54% APY without additional token incentives being active yet. - Almost $1m bought back and burned - Good operational buffer. - $50m safely exited that would otherwise have sold on...
Sonic's ftUSD Launch Brings Web
The UX difference between Ethereum and Sonic never ceases to amaze me. Sonic feels like web2.
Retention Near 92% as ftUSD Launches on Ethereum
17 days in: community retention strong, income > cash burn, ftUSD live on Ethereum + Sonic. Next: Lend, Spot, TRS. At $3.5k/day revenue, unallocated + divested supply gets burned.
New Raise Model Guarantees Exit Options in Bear Markets
Understanding @flyingtulip_ new raise model; TLDR; Market Cap: $2k FDV: $175m Volume: $33.5m 2 weeks in (and brutal markets) and yet the token looks boring (by design). Volume is tiny (by design). Comparative projects that raised and TGE'd in the same time-frame are on average significantly...
From Tether to DeFi: On‑Chain Innovation Accelerates
Crypto can be very noisy, and innovation moves slow, but just reflecting on how much even simple things like stablecoins have come from back when Tether started from just tokenizing USD deposits on bitfinex to make trades a bit simpler,...
Betting Market Exposes FDV Irrelevance, Validates Model Floor
Didn't want to mention or interact with this at all till after it was done, but this kind of betting definitely adds a weird angle to launching a project, we had so many people in discord asking about FDV that...
PUT Model Running, 445k FT Burned, Yields Pending
Fees, Revenues, and yields aren't activated yet. This is just the PUT model at work.
Securing $200M to Launch Token-First Model
$200m for a brand new model. Very appreciative. Looking forward to finally getting the product out the door and seeing the real world impact of a "token first" design.
Unlock 30% Liquidity Zero‑Collateral on FT Put Options
Hold. Refund. Profit. And now including borrow. Access 30% liquidity with 0% collateral against your FT PUT options.
FT Raises Capital, Uses Interest for Ops, Ensures On‑chain Refunds
FT raise mental model. FT has had some big headlines; - $200m seed - $25m follow-on - $55m Impossible - $10m CoinList But, this isn't actually money raised. In traditional finance terms, this is the equivalent of raising money, putting that all in tbills, and using...
Flying Tulip Enables Full-Featured Exchanges on Any Blockchain
Flying Tulip is an application layer that transforms any blockchain into a fully featured exchange while leveraging the chains full liquidity. The initial product launch is on Ethereum, Sonic, Binance Smart Chain, Avalanche, and Base. Future expansions planned for MegaETH, Monad,...
User Thanks Andre Cronje, Asks Whitelist Round Count
@AndreCronjeTech Thank you for the whitelist, I appreciate it! How many rounds Whitelist do you plan to have? https://t.co/5Kc0Iy53EJ
Supporter Whitelist Open—No Funds Required Yet
#2 Supporter Whitelist. Even if you do not wish to register interest at this point, there are still future rounds. No funds are requested at this time, please do not send funds anywhere. https://t.co/qjLlEGtXhT
