🔥Boss @AndreCronjeTech is raising capital for the super DeFi project, named @flyingtulip_

The Boss is a well-known figure in the crypto market:

- Co-founder & CTO of @Sonic Labs (previously @Fantom Foundation ).

- Creator of @yearn : A project that helps earn yield in DeFi, which once reached a TVL of 7 billion dollars, fdv of 3 billion dollars.

- Creator of @Keep3r Network : A platform for projects to hire developers to code products, which once reached an fdv of over 800 million USD.

- Co-developer of @SolidlyLabs: An AMM dex combining both @Uniswap Protocol model and @Curve Finance , with the famous ve(3,3) model. Once surpassed a TVL of 160 million dollars, fdv of 650 million dollars.

Currently, he is only active in @Sonic Labs . Although these are great ideas, they have fallen out of meta.

Forget about these projects, because now @AndreCronjeTech is raising capital for the super DeFi project @flyingtulip_.

Detailed information:

- @flyingtulip_: A hybrid exchange, combining AMM Pool 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 could raise tens of millions of dollars for @flyingtulip_.

@flyingtulip_ addresses the liquidity shortage in the DeFi market, as all products share a common liquidity source, thus concentrating liquidity more.

In DeFi, having liquidity or concentrating liquidity is almost having the game in hand.

This model carries many risks but offers a high level of efficiency.

This idea is good, @flyingtulip_ under the hand of @AndreCronjeTech will be interesting. But whether it is sustainable in the long term, I am not sure.

Details at: https://x.com/huysuthat/status/1956215673123954987