DoctorDeFi(@DoctorDeFi ):.@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.

2026.05.02 13:48

.@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.