What is Flying TulipFlying Tulip is an “on-chain market structure” initiative led by Andre Cronje. It aims to build a financial infrastructure that remains explainable even under regulated conditions by designing trading, collateral, liquidation, and capital allocation as one integrated system. In its fundraising, participants in the primary sale are granted an “on-chain redemption right (perpetual put),” allowing them to burnFlying Tulip has raised $200 million in a private funding round in ...