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Sonic founder Andre has raised $200M in the Seed Round for his new project, Flying Tulip. They are planning to raise a total of $1B at a $1B valuation, this is insane and totally uncommon. Treasury of $1B will be parked in low-risk DeFi, generating ~4% yield ($40M/year) Yield funds operations until the exchange (spot, perps, options, lending, structured yield) takes off FT tokens are backed by a perpetual put option = downside protection + upside potential 📌 How this “Perpetual Put” works You buy FT token at $1 in public sale. If price drops to $0.70 → you can return your token to the project & still get back $1 ✅ (no loss). If price pumps to $3 → you sell in market & book 3x profit. So either you get your money back or you take profit. Looks like we have pre sale season loading...