Regarding predictions in the forecasting market about the new project Flying Tulip (FT) and its FDV (Fully Diluted Valuation) after listing, Flying Tulip founder Andre Cronje responded with a post, stating that such bets bring a “strange perspective” to the project launch. The team only became aware of the anomaly and discovered the market after a large number of questions about FDV appeared in Discord. He emphasized that, given the mechanism design of FT, FDV is largely irrelevant; because PUT investors can be refunded at 10 cents (strictly speaking, based on the net asset value NAV extracted from PUT FT), they have no reason to sell below this price. If they do, the funds would set a floor price of 10 cents.

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