Today· 16 JulRelease

ftUSD Cap & Lend Limits Raised

High8.0

◆ Description

ftUSD mint cap increased from $5M to $100M on Ethereum. Lend circuit breaker withdrawal limits raised: USDC 5%→8%, USDT 5%→20%, ftUSD 5%→15% of TVL.

◆ Why it matters

Flying Tulip expanded ftUSD's mint cap by 20x to $100M on Ethereum, materially widening the protocol's issuance capacity and signaling readiness for larger-scale deployment. Lend withdrawal circuit breakers were also widened (USDC 5→8%, USDT 5→20%, ftUSD 5→15% of TVL), easing redemption bottlenecks that would otherwise constrain liquidity at scale. These are governance-implemented risk parameter upgrades directly shaping supply and redemption capacity for the protocol's core product.