The Flying Tulip token sale on CoinList has ended, raising nearly $10 million 🌷
Participants have received their FT NFTs (tokens + full redemption rights), which have been sent to their non-custodial external wallets.
You have three options:
1⃣ Hold: Keep your FTs in a perpetual put. You can participate in the token price increase and retain the right to redeem at a later date.
2⃣ Redeem: Burn your FTs at any time and redeem your original assets at face value. Redeemed FTs will be destroyed.
3⃣ Unlock and Trade: Withdraw your FTs from the perpetual put. You will relinquish your redemption right, your funds will be released to the protocol, and your FTs will be freely tradable.
For immediate refunds:
• Perpetual Put Management:
• Secondary Market:
As long as the FT remains in a perpetual put, you can redeem any amount at any time.