4theWin
Joined November 2022
- Tweets 1,857
- Following 394
- Followers 40
- Likes 2,018
17 Photos and videos
MasterG retweeted
Jun 14
The cool think about crypto finance, is you can build things like buybacks into the protocol as a first class citizen instead of a post revenue afterthought.
The buyback mechanism is already proving its power.
From April 21st to June 12th, the @flyingtulip_ protocol already bought back ~1% of the ethereum:0x5dd1a7a369e8273371d2dbf9d83356057088082c currently circulating on the secondary market in just 1.5 months.
And that's while only 2 products are live today: ftUSD and margin lending. Neither has yet reached its full potential, as both products are currently capped.
Now imagine what happens when spot, TPS, perps, launchpad, insurance, binary prediction markets, WitnessNet, and the rest of the ecosystem go live. The amount of protocol-driven buy pressure is going to be staggering.
This is only the beginning. The biggest growth drivers haven't even arrived yet.
The journey from here is going to be incredible.
We're still extremely early to what could become one of DeFi's leading protocols. The innovation, tokenomics, and value capture mechanisms are simply on another level.
Crazy times ahead 🌷👀
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MasterG retweeted
Jun 2
It's smol, but being revenue positive since day 1 definitely helps alleviate a lot of the usual "crypto project sustainability" concerns. Very happy with the first 90 days.
Jun 2
Revenue and fees generated by all @flyingtulip_ products flow back into buybacks.
Token supply is 100% unlocked. The team got no upfront token allocation, but instead is rewarded from revenue-driven open-market buybacks, so only if products work AND if users actually use them.
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MasterG retweeted
Jun 1
This is with DN at 1.515x which is 4.743 Equity / Maintenance, safe level is 2, so can still at least double.
Defi isn't dead, its just slow.
Jun 1
Flying Tulip on Sonic Network
🔹ftUSD - 7.15%
🔹USDC deposit on Lend: 10.87%
Mint ftUSD with USSD/USDC
flyingtulip.com/ftusd/
Deposit USDC
flyingtulip.com/lend/sonic/u…
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MasterG retweeted
May 27
👨🌾👨💼
May 27
ftUSD is now available as collateral on Lend.
Also, BTC borrow costs were reduced on Sonic and Ethereum through interest rate model optimization.
Sonic Lend parameters were updated to make borrowing more accessible:
▸ minimum margin equity reduced: $250 → $10
▸ minimum repayment amount reduced: $10 → $2
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MasterG retweeted
May 14
USSD → ftUSD is now live on Flying Tulip.
Deposit Sonic’s native stablecoin USSD, buy and stake ftUSD, and start earning.
Current APY: ~3.18%.
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MasterG retweeted
May 7
Margin Lending is now live on Ethereum for @flyingtulip_, with initial caps across major assets:
▪️USDC & USDT: $1.50M
▪️WBTC: 10.00
▪️WETH: 999.5
▪️wstETH: 300
🔹Website refresh is live as well. Next is Spot
FlyingTulip.com
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ICYMI: the next ZKsync protocol upgrade is on the governance forum.
v31 introduces, among many other priorities, native interop between ZKsync Chains denominated in $ZK 👇
📢Introducing the next ZKsync protocol upgrade.
v31 is on the governance forum (ZIP-16):
▪️ZKsync Connect: native interop between ZKsync Chains
▪️Stage 1 support for L1-settling chains
▪️Expanded ZKsync OS compatibility
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May 1
RT @AndreCronjeTech: "The contest wrapped up with zero valid Medium or High severity findings, making it one of the cleanest contest outcom…
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Institutional finance is coming onchain.
Tune in to learn why Prividium is the infrastructure that powers the next wave of enterprise adoption 👇
Apr 29
[CMC Live] Is Tokenized Finance Going Mainstream?
⏰ April 29th, 3pm UTC
📍 Set a reminder: coinmarketcap.com/community/…
🔥 Ivo Grigorov, CEO of @RealFinOfficial, and Jose Anaya from @zksync explore how tokenized assets are bringing institutional capital onchain and what infrastructure is needed to make it happen.
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" We already see demand from banks for tokenised deposits alongside automatic clearing against other banks’ deposits and stablecoins. Coupled with our private interop, institutions can now move money freely and globally."
✍️ @mpost_io on ZKsync's institutional momentum.
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Today, we joined a broad coalition across the digital asset ecosystem urging the Senate Banking Committee to move forward with a markup on market structure legislation.
Clear, durable rules are essential to protect consumers and reinforce U.S. leadership.
1/ Today, @BlockchainAssn and @crypto_council, joined by a broad coalition of more than 120 organizations from across the digital asset ecosystem, urged the Senate Banking Committee to move forward with a markup on market structure legislation.
Years of bipartisan work have brought Congress to an important moment. The U.S. needs clear, durable rules that protect consumers, provide certainty, and reinforce American leadership in digital asset innovation.
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MasterG retweeted
Apr 22
$FT buybacks from @flyingtulip_'s product suite is also ramping up.
Apr 22
Another @flyingtulip_ $FT burn from Put withdrawal funds:
🔥Today 751,403 ($57,770.92) FT tokens were bought and burned, total now stands at 11.8M ($1.1M)
Flying Tulip has token first model
▪️Put Withdrawals = buyback & burn
▪️Put Exit = non-circulating
▪️Unbacked FT = non-circulating
▪️Product revenue = Buyback
▪️Product fee = buyback
▪️Yield = buyback
Non-circulating bucket has >90% of supply, which is pending burn when revenue exceeds $3.5k/day!
etherscan.io/tx/0x0cbe9eb5de…
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"Regional banks move faster than big players. They need connectivity, better settlement rails and they understand they have to innovate."
@gluk64, on @CryptoAmerica_, explaining how we enable 🇺🇸 regional banks to compete in the digital assets economy through tokenized deposits.
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ANDRE CRONJE'S FLYING TULIP TARGETS DEFI EXPLOITS WITH CIRCUIT BREAKER
Andre Cronje’s (@AndreCronjeTech) Flying Tulip (@flyingtulip_) has introduced a circuit breaker mechanism for DeFi lending.
The system rate limits fund outflows during abnormal withdrawal activity. It is designed to detect patterns linked to exploits or coordinated attacks.
By slowing withdrawals, it prevents rapid draining of protocol liquidity.
The mechanism gives teams time to respond while protecting user capital.
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