The Godfather is a famous person in the crypto market:
- Co-founder & CTO of @Sonic Labs (formerly @Fantom Foundation ).
- The creator of @yearn : A project that helps earn yield in DeFi, once reaching a TVL of 7 billion USD, fdv 3 billion USD.
- The creator of @Keep3r Network : A platform for projects to hire developers to code products, once achieving an fdv of over 800 million USD.
- Co-developer of @SolidlyLabs: An AMM dex combining both the @Uniswap Protocol and @Curve Finance , with the once-famous ve(3,3) model. It once surpassed a TVL of 160 million USD, fdv 650 million USD.
Currently, he is only active in @Sonic Labs . Although those are great ideas, they have become out of meta.
Forget about these projects, because now @AndreCronjeTech is seeking funding for the super DeFi project @flyingtulip_.
Detailed information:
- @flyingtulip_: A combined exchange, Pool AMM combined with Lending, Perp,... to create the best liquidity - the best profits for liquidity providers.
- The token code is $FT, with a fixed supply.
- The project will sell 50% to investment funds (he is looking for funds in the US).
With the stature of @AndreCronjeTech , he may raise tens of millions of dollars for @flyingtulip_.
@flyingtulip_ addresses the liquidity shortage in the DeFi market; all products share a single liquidity source, thus concentrating liquidity more.
In DeFi, having liquidity or being able to concentrate liquidity is almost controlling the game.
This model carries many risks but offers a high level of efficiency.
This idea is good; @flyingtulip_ under the hands of @AndreCronjeTech will be impressive. But I am not sure if it is sustainable in the long run.
Details at: https://x.com/huysuthat/status/1956215673123954987
