One minute quick understanding of Falcon finance and participation methods -Product positioning -Team and Investors -Product mechanism -Interest earning strategy -USDf and operational data -Risk and Valuation -Participation method Product positioning Falcon finance @ FalconTable is a universal asset pledge and interest earning agreement where users deposit assets and Falcon helps you generate income. Team and Investors Falcon Finance is a subsidiary of DWF and has received a strategic investment of $10 million from WLF Product mechanism Users deposit assets and mint stablecoin USDf through the mechanism of over collateralization, with collateral including other stablecoins, mainstream coins, non mainstream coins, and RWA. Falcon generates interest for stablecoins through the following interest earning strategy. Interest earning strategy Arbitrage through contract fund rates, cross exchange arbitrage, staking, dex arbitrage, etc., is somewhat similar to USDE. USDf Unlike compliant stablecoins supported by the US dollar such as USDC/USD1, the collateral of USDf is cryptocurrency, so it can only be "synthetic US dollars". Similar to DAI, its development path is different from that of compliant stablecoins. This is why WLF still supports USDf after having USD1. operational data At present, the size of USDf is 1.6 billion US dollars, ranking 9th in the market value of stable coins. risk In July of this year, there was a brief de anchoring, falling to around 0.97, but it quickly recovered. The reason for de anchoring may be due to concerns from the community about its transparency and alt coin staking assets. Subsequently, Falcon added transparency dashboards https://app.falcon.finance/transparency At present, the excess collateral ratio is 108%, with 54% of reserve assets being Bitcoin, 23% being stablecoins, and the rest being altcoins. valuation The valuation of the Buildpad community round is either $350 million or $450 million, depending on whether or not one participates in a pledge activity of $3000 for more than one month. Valuation comparison: The current scale of USDE is 13.2 billion US dollars, while the market value of ENA FDV is 11.3 billion US dollars. If using FDV/TVL multiple valuation, the valuation of FF is 1.3 billion US dollars. Is it worth participating in? At present, the stablecoin/RWA track is hot, coupled with the support of WLF and the profits from previous Buildpad projects, the market attention is very high. Participation Method https://(buidlpad.com)/projects/falcon KYC needs to be completed. Participating in content creation can apply for a priority guarantee amount, and pledging USDf can obtain a low valuation. You can start KYC now to participate in content creation and pledging. The deadline for filling out the content creation form is September 16th, and payment will begin.