
Why ethereum:0x5dd1a7a369e8273371d2dbf9d83356057088082c @flyingtulip_ makes so much sense: 🔹 94% of the supply is marked for burn once protocol revenue reaches the $3,500/day target. 🔹 All protocol fees, revenue, and yield are designed to buy back FT from spot. 🔹 Only two products are live today: ftUSD and margin lending. Neither has been switched on to its full potential yet. 🔹 Spot, TRS, and futures are still to come. Spot will use a CLOB + AMM hybrid model. 🔹 Margin lending: more borrowing = more interest for suppliers = more buy pressure on FT. 🔹 ftUSD is the real scaling trojan horse. Right now, it is mostly an intermediary asset that can be staked as sftUSD for yield. 🔹 With Spot, liquidity can be denominated in ftUSD. It can work as collateral, while idle resting orders can earn yield, creating more FT buybacks. 🔹 As more ftUSD use cases unlock, the ftUSD/sftUSD ratio can move higher, increasing yield for stakers. So you have core spot revenue, resting limit order yield, ftUSD margin collateral, borrower interest, unused supplier liquidity on margin lending, and LP fees all feeding buy pressure into FT on spot. And this happens against 94% reduced supply. CT is not ready.
