Goldman didn’t just go long AI. They built a hedged structure around it. If they’re compute, infra, or cybersecurity = Long • If they’re simple workflow apps = Short • Flying Tulip is doing the same thing with a token sale. You contribute an asset (USDC, ETH, etc.) and mint FT at a fixed $0.10 ($1 = 10 FT). But your capital isn’t being spent. It stays as backing capital tied to a Perpetual PUT position, while the protocol earns yield on it. What happens next is up to you: 1. You can hold and stay exposed to any FT upside 2. You can redeem the exact asset you deposited at par 3. You can unlock the FT to trade it on the market When someone withdraws and gives up the par exit, the backing capital reserved for refund gets released and used for open market buybacks & burns. Here are the numbers so far: • Total FT Value: ~$149.03M (≈1.49B FT) • Total Investment Value: ~$148.13M • All-time yield generated: ~$96.02K It’s a token sale that tries to combine upside exposure with a safe exit path. And the market’s going to stress-test it hard once FT is freely tradable. Glad to partner with @flyingtulip_ as they experiment with blending DeFi yield, options logic, and token design into something structurally different.(Edgy - The DeFi Edge 🗡️)