DoctorDeFi
@DoctorDeFi
Physician turned DeFi degen.
$FT @flyingtulip_ maxi | $S @soniclabs
3.7K Following 18.5K Followers
ftUSD on Sonic
6.5%
No leverage
No incentives
No exit que
No unstaking period
One click minting
One click redemption
DeFi is not dead!
.@flyingtulip_'s Global Margin Lending has now crossed $4M in total deposits with $2.7M on Sonic.
You can now earn 6% APY on your stable by minting and staking ftUSD on Sonic.
One click minting & redemption with no unstaking period and no exit que. Pure yield with 0 incentives!
🔗
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ftUSD yield on @flyingtulip_
🔹Sonic: 5.63%
🔹Ethereum: 5.04%
Mint with USDC or USDT, and redeem back to USDC/USDT in one click with instant liquidity.
No looping, no exit queue, no unstaking period, and no incentives. Just clean stablecoin yield onchain.
🔗
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.@flyingtulip_'s ftUSD on Sonic and Ethereum is becoming one of the best onchain yield sources for stablecoins.
🔹 Sonic: 5.11%
🔹 Ethereum: 5.27%
No incentives. Just pure yield.
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Core protocol revenue buybacks are beautiful to watch as they scale on @flyingtulip_
ethereum:0x5dd1a7a369e8273371d2dbf9d83356057088082c buybacks from one module among many sources of protocol revenue.
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One of the most important charts for @flyingtulip_: core product revenue.
Currently, two products are live:
🔹 ftUSD on Sonic and Ethereum
🔹 Margin Lending on Sonic
100% of revenue flows back to the ethereum:0x5dd1a7a369e8273371d2dbf9d83356057088082c token through spot market buys.
The trend is up.
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Slowly but surely, @flyingtulip_ is scaling.
Flying Tulip’s Margin Lending on Sonic has now crossed $2M in TVL.
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.@flyingtulip_ PUT activity is picking up again.
🔹9 sales in the past 24 hours.
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.@flyingtulip_ 's April Investor Update
▪️Margin Lending is live on Sonic with $1.78M TVL
▪️ftUSD is moving beyond passive yield through DN strategies on Sonic, with Ethereum deployment planned next.
▪️ $FT remains token first: product fees, yield, and released backing capital are routed toward FT buybacks and burns.
▪️Revenue threshold: once protocol revenue reaches $3,500/day, Flying Tulip plans to burn over 93% of unallocated/divested supply.
▪️Security: Sherlock contest had zero valid Medium/High findings, and bug bounty is live.
▪️Next: scale Margin Lending, expand DN strategies to Ethereum, then launch Spot, Leverage Trading, and Total Return Swaps.
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