DeFi之父 Andre Cronje 再出山!要搞“能退钱”的代币公募

比推Опубликовано 2025-09-29Обновлено 2025-09-29

当大家都以为 Andre Cronje 已淡出加密圈的时候,这位被称为“DeFi 之父”的传奇人物又回来了。
这次他带着一个全新的项目——Flying Tulip,今日宣布完成 2 亿美元融资,并计划开启 代币公募(Public Sale)。

image.png

更特别的是,这次公募附带一个前所未见的机制:用户可以随时销毁代币、取回本金。这意味着,参与者的下行风险有了“底线保护”,而上行收益依然不设上限。

谁是 Andre Cronje?

如果你在 2020 年经历过 DeFi 夏天,肯定听过他的名字。

image.pngAndre Cronje 是 Yearn Finance(YFI) 的创始人——一个只靠代码就掀起 DeFi 热潮的传奇开发者。YFI 一度被誉为“最公平的代币”,因为他当时没有预留给自己任何份额。

但在经历数次项目爆红、社区纷争和安全事故后,Cronje 在 2022 年淡出公众视线。直到今天,他带着 Flying Tulip “再出山”。

Flying Tulip 是什么?

小编解读:“Flying Tulip” 字面意思是“飞翔的郁金香”。郁金香是金融史上最著名的泡沫象征(17 世纪的“郁金香狂热”就是最早的投机泡沫)。

Cronje 把项目取名为 Flying Tulip,有点自嘲也有点宣言的意思:加密世界也许像郁金香,但这次,他要让它真的“飞”起来。换句话说,Flying Tulip 想让过去代表“泡沫”的东西,通过链上机制变得更稳、更真实、更有生命力。

从官方文档来看,Flying Tulip 希望打造一个全链上金融平台,把很多加密用户熟悉的功能——稳定币、借贷、现货交易、衍生品、期权、保险——都放在一个系统里。

简单来说,它想做一个“一站式 DeFi 平台”,让用户可以:

  • 存币赚收益;

  • 借币做杠杆;

  • 做多、做空;

  • 甚至通过链上保险对冲风险。

而这些都在一个统一的账户体系里完成,不需要在不同平台间频繁切换。

一个“能退钱”的代币公募

这次最吸引眼球的,是 Flying Tulip 的 “链上赎回权(Onchain Redemption Right)”

image.png

传统上,用户一旦参与代币公募(Public Sale),无论币价涨跌,钱都锁死了。
但 Flying Tulip 提供了一个“程序化赎回”机制——

所有参与者都能随时销毁手中的 $FT 代币,取回自己投入的本金(比如 ETH)。

系统会自动从一个单独的链上储备池中返还资金。
这一设计有点像一种链上保险机制,既保证了投资者不会“一亏到底”,又保留了上涨空间。

不过需要注意的是,官方也提醒这并不是“保证回本”或“存款保险”——储备池的规模有限,赎回权能否执行取决于池内资金是否充足。

资金并非锁死:用收益反哺增长

Cronje 在向投资人展示的路演资料中提到,这种设计看似让资金无法动用,但实际上 Flying Tulip 计划将这笔资金投入到链上收益策略中,比如 AaveEthena、Spark 等主流 DeFi 协议。

他们的目标是实现 约 4% 年化收益率。
按计划融资上限 10 亿美元计算,每年将能产生 约 4000 万美元 的利息收入。

这笔收益将被用于:

  • 支付协议激励;

  • 回购 $FT 代币;

  • 支持生态增长和市场推广。

Cronje 在投资人材料中这样描述:“我们用循环收益来驱动增长与激励,用永久看跌权保护投资者下行,同时保留代币无限上行的潜力——这形成了一个自我强化的增长飞轮(self-reinforcing growth flywheel)。”

团队没有预留份额

另一大亮点,是 Flying Tulip 团队没有任何初始代币分配
他们的收入全部来自项目的真实收益,用这些收入去市场上回购 $FT 代币,并按照公开计划释放。

换句话说,团队只有在协议真的赚钱、用户真的使用时,才能获得回报。
这让团队与投资者站在了同一条船上——项目越受欢迎,他们赚得越多。

资本阵容豪华,目标 10 亿美元融资

Flying Tulip 已经完成 2 亿美元私募融资,投资方包括:

  • Brevan Howard Digital

  • CoinFund

  • DWF Labs

  • FalconX

  • Hypersphere

  • Nascent

  • Republic Digital

  • Susquehanna Crypto等。

接下来,他们将在多条链上同时开启公募,目标总融资高达 10 亿美元

总结

Flying Tulip 的出现,让人想起 2020 年那个“代码改变金融”的年代。
不同的是,这一次 Andre Cronje 想要做的不只是创新产品,而是让 DeFi 变得更可信、更可持续。在 DeFi 经历熊市洗牌、信任坍塌后的今天,Cronje 的回归或许不仅是一位开发者的复出,也可能是一种信号:一个新的 DeFi 周期,有望被重新点燃。

作者:Bootly


Twitter:https://twitter.com/BitpushNewsCN

比推 TG 交流群:https://t.me/BitPushCommunity

比推 TG 订阅: https://t.me/bitpush

说明: 比推所有文章只代表作者观点,不构成投资建议

Похожее

Why Are the Most Believers in AGI Buying NVIDIA Put Options?

The article analyzes the significant, market-moving 13F filing for Q1 2026 by Situational Awareness LP (SALP), a fund managed by former OpenAI researcher Leopold Aschenbrenner. While Aschenbrenner is a prominent believer in the accelerated arrival of AGI and has built the fund as a focused bet on AI infrastructure, the filing revealed large new put option positions (totaling billions in notional value) on key AI/semiconductor names like Nvidia, SMH ETF, Broadcom, and AMD. The article argues this is not a bearish turn on AI but a sophisticated hedging strategy. Given the macro backdrop in late March (rising oil prices, inflation concerns, higher-for-longer interest rates), the fund is managing volatility in its high-beta, high-valuation portfolio of AI infrastructure plays (like Bloom Energy, CoreWeave, Core Scientific). The puts act as "insurance" against a potential systemic pullback in the AI trade. Simultaneously, SALP maintained or added to core long positions in companies tied to power, data centers, compute, and storage—the "bottlenecks" expected to capture AI capital spending. It trimmed or exited some Q1 winners (e.g., Lumentum) and reduced leverage (e.g., selling CoreWeave calls), suggesting a rotation from crowded, high-momentum trades towards assets with clearer long-term fundamental pathways. The key takeaway is an evolution in the AI investment theme: from a broad, linear rally to a more discerning, "show-me-the-money" phase. The focus shifts from simply buying the AI narrative to identifying companies that can convert capex into tangible revenue, while actively managing portfolio risk in a volatile macro environment. The strategy reflects a move from unilateral bullishness to "offense with defense."

marsbit14 мин. назад

Why Are the Most Believers in AGI Buying NVIDIA Put Options?

marsbit14 мин. назад

AI Saved a Group of New Energy Investors

The article "AI Saves a Group of New Energy Investors" details a remarkable turnaround in the green energy investment sector, driven by its convergence with artificial intelligence infrastructure. After a prolonged downturn marked by valuation slumps and funding cold spells since 2022, the sector has experienced a dramatic resurgence in 2026. This shift is attributed to new policies, particularly the "AI-Energy Synergy" national strategy, which mandates green power and energy storage systems for new large-scale computing centers. This redefines green electricity and storage from traditional manufacturing into core, indispensable assets for AI's operational backbone, creating a new narrative where "computing power equals electricity, and green power equals assets." This paradigm change is reflected in surging market performance. Power stocks like Datang Power have seen massive gains, and green energy ETFs have recorded significant capital inflows. The IPO market is also active, with companies like Sige New Energy listing successfully. Investment and financing have accelerated sharply, with major expansion projects and large-scale IPOs like China Resources New Energy's record-breaking offering. Notably, some top projects have seen valuations rebound by approximately 60%. The article highlights that the previous industry trough became a prime investment window. With AI-driven demand predicted to create massive power shortfalls (e.g., a projected 55GW gap for data centers), sectors like energy storage, grid upgrades, and green power are seeing explosive growth. Investors are now prioritizing areas like power management, large-scale storage, virtual power plants, and supporting technologies like liquid cooling—the "pick-and-shovel" plays of the AI infrastructure boom. Examples like KKR's highly successful investment in cooling company CoolIT Systems underscore the lucrative opportunities. In conclusion, the integration with AI has sparked a fundamental revaluation of new energy assets. For investors who endured the sector's低谷, a harvest season has arrived, with the broader investment upswing seemingly just beginning.

marsbit44 мин. назад

AI Saved a Group of New Energy Investors

marsbit44 мин. назад

Learn Codex with the "Morning Briefing": Six Replicable Levels of Use

This article introduces a "Morning Briefing" as a simple, progressive framework for learning to effectively use Codex (an AI assistant), moving from basic information gathering to a more sophisticated, autonomous work partner. It outlines six actionable levels: **Level 1: Basic Information Query.** Start by simply asking Codex to check your Slack, Gmail, and Calendar to summarize what needs your attention today. **Level 2: Personalization with an Agents File.** Create a persistent file containing your default preferences for the briefing's format and content, so it's consistently useful. **Level 3: Automation.** Set the briefing to run automatically every weekday morning, creating a reliable starting point for your day. **Level 4: Project-Specific Briefings.** Instead of one overwhelming summary, create separate, dedicated threads for different projects (e.g., a launch, recruitment), each with its own focused briefing. **Level 5: Drafting Follow-Up Actions.** Elevate the briefing from a summary to an action starter by having it draft replies, prepare meeting notes, or highlight stalled decisions—ready for your review. **Level 6: Building a Memory System (Vault).** Integrate a knowledge vault (a structured file system) where important recurring information (project statuses, key people, decisions) is stored and updated. The briefing consults this vault to provide richer context and learns over time. The approach's strength is its incremental nature. Each level teaches a core Codex capability (connectors, personalization, automation, project context, assisted work, persistent memory) within a familiar, practical workflow, avoiding overwhelming theoretical concepts. It transforms a simple daily check-in into a personalized, evolving work operating system.

marsbit1 ч. назад

Learn Codex with the "Morning Briefing": Six Replicable Levels of Use

marsbit1 ч. назад

Торговля

Спот
Фьючерсы
活动图片