Andre Cronje, the legendary name of the DeFi world, creates a protection shield for investors by launching his new project Flying Tulip (FT) with the public token sale that will start tomorrow. In this initiative, where the total deposit limit is set at 1 billion dollars, user assets are initially evaluated with low-risk strategies on Aave, aiming for a sustainable return ecosystem. While participants have the freedom to withdraw their principal at any time, the yield generated by the system is used by the protocol for buybacks, aiming to support the token value.
Strong Buyback Model and Price Guarantee
Flying Tulip is developing an unconventional defense mechanism against high volatility in cryptocurrency markets. While the FT token is offered for sale at a fixed base price of $0.10, this level also means a cashback guarantee for investors. If the price in the market falls below this value, the reserve capital in the hands of the protocol automatically comes into play, collecting tokens from the market and restoring stability.
Unlike traditional venture capital methods, the funds collected are directed to income-generating strategies rather than going directly to a company coffers. The system, which has already reached 126 million dollars in locked assets (TVL) and generated more than 85 thousand dollars in returns, has proven its maturity before the token becomes transferable. While investors can realize profits when the price rises in the open market, they have the luxury of exiting at a fixed price through the protocol during periods of decline.
The income model of the project is not based on transaction fees deducted from the user, but on the interest income provided by the money accumulated in the pool. All profits generated serve a cycle designed to purchase FT tokens from the market and distribute them to users. This strategy of Cronje promises community-focused growth and value increase while minimizing volatility risk.
Expanding Ecosystem and Multi-Blockchain Future
The technical roadmap of the project is not limited to just a token sale, but aims to establish a comprehensive financial network. The protocol, which initially started with the ftUSD stable coin, a USDC-based structure, plans to implement neutral strategies that offer returns between 4 percent and 8 percent in the future. In this process, it is aimed to be present not only in Ethereum but also in popular networks such as Sonic, BNB Chain, Avalanche and Base.
The platform’s vision expands to include advanced financial products such as spot trading and leveraged transactions. The fact that an equity-based approach will be adopted instead of traditional rates, especially in margin lending transactions, opens the door to a new era in DeFi architecture. The strategy of spreading across different Blockchains prevents fragmentation of liquidity and enables reaching a wide user base.
This result-oriented structure aims to instill confidence in its investors by focusing on real cash flow rather than speculative expectations. Blended with Andre Cronje’s experience, Flying Tulip has the potential to set a new standard in the world of decentralized finance with its capital-protected structure. It seems that the derivative products and multi-blockchain operations to be added in the future will further strengthen the project’s position in the market.
