I’ve been looking into Flying Tulip ($FT), and one design choice stood out immediately.
It’s the first token sale I’ve seen where you can burn the token and redeem your original deposit directly through audited smart contracts.
No lockups. No approvals. No reliance on a team.
Your principal is protected by code, not promises.
What makes it more interesting is the capital isn’t sitting idle. It’s deployed into transparent, low-risk yield strategies, and that yield is used for buybacks and burns — creating real value accrual instead of relying purely on hype.
The launch structure is also clean: