flyingtulip(FT)Pre-announce auction with a FDV of $1 billion and principal protection

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.