[AC's New Project Flying Tulip (FT) to Launch Public Sale on CoinList] Reported by Jinse Finance, according to official sources, the unified on-chain financial system Flying Tulip, founded by Sonic Labs' creator Andre Cronje, will initiate token sales on CoinList. This public sale aims to raise $200 million, accounting for 20% of the total FT token supply (2 billion tokens). The token price is set at $0.10, corresponding to a fully diluted valuation (FDV) of $1 billion. The public sale will start on February 3 at 00:00 and end on February 6 at 21:00 UTC, with a minimum purchase amount of $100. Reportedly, Flying Tulip aims to integrate spot trading, lending, perpetual contracts, insurance, and native stablecoin (ftUSD) into a unified protocol architecture. Tokens sold during this event will be protected by the "Perpetual PUT" structure. Participants will receive FTNFTs with redemption rights, allowing them to choose to hold, destroy tokens to redeem funds at the original price, or unlock tokens for free trading (unlocking will void redemption rights).