Odaily Planet Daily reports that IMPOSSIBLE announced on the X platform the details of the early public auction for flyingtulip (FT). The auction has a FDV of $1 billion, matching the seed round, with a token price of $0.1. Highlights of the auction include 100% unlock at TGE, 100% principal protection (refund tokens will be burned to reduce total supply), no team token allocation, and funds will be deposited into low-risk DeFi protocols to generate yields.
The specific timeline (UTC) is as follows:
January 21 to 23, 10:00 — IDIA stakers purchase period and reward round;
January 27, 4:00 to January 29, 16:00 — Public round.
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