todorkuzov (✱,✱)(🌷,🌷)
@KrasTod
cryptocurrencies and blockchain technology. EarnList OG
621 Following 1.3K Followers
FT Rewards Program
The @flyingtulip_ Rewards program is now live, and 20% of the FT supply is being distributed to users for eligible activity.
Eligible activities include ftUSD, Lend, Marketplace, Trade, and TRS.
This creates a direct link between protocol usage and demand for the token.
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Things like @flyingtulip_
make me think that on-chain finance won't be an alternative
it will simply be finance.
$1.8M from exercised call options is entering as limit orders at withdrawal NAV via FT Margin Lending.
Meanwhile, ftUSD is generating yield.
You deposit once and get access to spot, leverage, and TRS.
Yields: ETH 1.69%, USDC 3.64%, USDT 3.70%, crvUSD 2.86%.
Plus 20% of FT allocated for rewards.
It’s not hype. The infrastructure is simply starting to work the way it should.
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