We launched Flying Tulip’s Capital Allocation as a mechanism, not a fundraiser. The output wasn’t “a token buy”. It was a Perpetual PUT Option, represented onchain by an ERC‑721 NFT (“ftPUT”) that encodes a standing redemption right (collateral denomination + remaining backing + remaining wrapped FT + strike reference), and
If you participated in Flying Tulip’s Capital Allocation, you didn’t just buy a token, you minted a Perpetual PUT position. An on-chain, permanent redemption right attached to primary‑issued FT. That position is represented as an ERC‑721 (ftPUT). It encodes your capital protection by including information on
A quick quiz isn't going to magically make any risks go away automatically, but it is a fun way to get our core principles and concepts across and understood. It also drew a lot of attention to our docs which was good scrutiny for us and hopefully helped
Announces $FT Public Sale at Same Valuation with onchain Redemption Right New York, NY - Sep, 2025 - Flying Tulip, a full‑stack onchain exchange, today announced it has raised $200 million in a private funding round and will open an onchain public sale of its $FT token at the