
Bitalk🔆|Jun 20, 2025 08:51
🔻 I have been watching projects recently and increasingly feel that @ FalconTable has the potential for Alpha.
Falcon Finance is a synthetic dollar agreement supported by DWF Labs, with team members including DWF partner @ agd_dwf.
Its profit mechanism is: users deposit money, Falcon routes assets to third-party custodians, who then place the assets in the CEX/LP pool/staking pool to earn profits.
Falcon's data is also impressive: it was closed for testing in February and open for testing in April this year. At present, it has obtained a TVL of 650 million US dollars, and the USDf market value ranks 11th among Ethereum stablecoins.
Falcon is still in its early stages, as its Miles points campaign has only started for over a month and can be ambushed.
🔸 TLDR: Choose the right participation method for you
1/Simply hold, but prefer Miles points: hold USDf
2/Simple holding, but more interested in APY returns and earning some points: Hold sUSDf
3/Willing to become a stablecoin LP and pursue the maximization of Miles points: Provide LP in Defi protocol
4/Willing to accept several months of lock up, pursue maximum APY returns, and earn some points at the same time: pledge sUSDf again
🔸 Purchase USDf
There are two ways to purchase USDf: on chain buying (without KYC), and opening a Falcon account for minting (with KYC required).
▪️ Swap USDf on the chain
If you don't want KYC, you can purchase USDf in Ethereum DEX.
Uniswap, Curve, Blender, Pancake, Bunni, and others can all be purchased according to your preferences.
Official recommendation for CoW Swap: https://swap.cow.fi/ /1/swap/USDC/USDf
▪️ Open Falcon account to mint USDf
Falcon account is a centralized account within the platform and requires KYC to open.
Mainland users can pass KYC, but they need to submit bank statements within 3 months, which must include your name and residential address.
After completing KYC, you can deposit money into your Falcon account and use these assets as collateral to mint USDf.
Falcon offers two casting modes: Classic mode and Innovative mode.
-If you hold stablecoin assets, it is suitable to use Classic mode:
No lock up warehouse, 1:1 casting USDf, minimum casting of 10000 U.
-If you hold altcoin assets such as ETH/SOL, it is suitable to use the Innovative mode:
Default one-year lock up, casting USDf at 80% of the position value, with a minimum casting of 50000 U. The lock up time/clearing price and other parameters can be adjusted by oneself.
Holding and minting USDf gives Miles points, while minting altcoins gives Miles more points.
🔸 Pledge USDf
If you want to earn 10% APY while earning points, you can consider staking USDf.
Falcon offers two revenue models: Classic Yield and Boosted Yield.
▪️ Classic Yield
In this mode, you can pledge USDf and hold sUSDf, and receive a 10.2% APY return.
Pledge has no lock up period and can be released at any time.
▪️ Boosted Yield
In this mode, you can lock up your USDf and sUSDf to obtain higher APY returns.
The lock up period can be 3/6/12 months, and based on Base APY, yield multipliers of 1.05x/1.25x/1.5x can be obtained.
Staking USDf and obtaining sUSDf can earn you APY returns, but the downside is that the points given will be reduced.
Holding USDf can earn 6x Miles points, while holding sUSDf only earns 1x points, so it needs to be balanced here.
🔸 Provide stablecoin LP in Defi protocol
The Miles points given by Group LP are the highest, with a multiplier of 40X.
No matter which Defi protocol is chosen, the points given are the same, so Uniswap and Curve with thicker TVL can be preferred.
Uniswap: https://app.uniswap.org/explore/pools/ethereum/0xC275a7390966E4bcbf331B837cD7316C4A3EFa83
Curve: https://www.curve.finance/dex/ethereum/pools/factory-stable-ng-391/swap/
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