Falcon Finance Launches Miles Program to Boost USDf Growth

Falcon Finance, a leading synthetic dollar protocol in the decentralized finance (DeFi) sector, has unveiled the Pilot Season of its Falcon Miles program. This innovative rewards initiative is designed to stimulate the onchain growth of USDf, Falcon Finance's synthetic dollar, by encouraging users to contribute to liquidity and engage in various DeFi activities.

The Falcon Miles program encompasses three primary reward tracks: liquidity provisioning, yield tokenization, and lending markets. These tracks are strategically aligned to promote meaningful protocol activity and long-term user engagement. Participants can earn Miles by supplying USDf liquidity on prominent decentralized exchanges (DEXs) such as Uniswap v3, Curve, Balancer, PancakeSwap, and Bunni. Additionally, users can put USDf or sUSDf to work in protocols like Pendle, Morpho, Spectra, Napier, and Euler through yield tokenization and money markets. Furthermore, inviting others to engage with the Falcon app and contribute to its ecosystem growth is also rewarded.

This initiative marks a significant milestone for synthetic dollar ecosystems, as Falcon Finance is among the first protocols to unify rewards across DeFi liquidity, lending, and yield platforms. By tying real onchain activity to long-term value, the Miles program aims to create a more dynamic and efficient market. Users earn a minimum of 1 Mile for every $1 of eligible activity, with multipliers ranging from 6x to 72x for high-impact actions such as providing liquidity or engaging in lending and yield tokenization strategies.

Every DeFi interaction, whether minting USDf, staking sUSDf, or holding it after acquiring from DEXs or centralized exchanges, contributes to a user's Miles balance. A dedicated dashboard in the Falcon App updates daily, allowing users to track their rewards and view applicable multipliers in real time. This transparency and real-time tracking enhance the user experience and encourage continuous engagement with the platform.

The Pilot Season of the Miles program sets the stage for broader expansion. Phase 2 will introduce more DeFi integrations and reward paths as Falcon Finance continues to scale the synthetic dollar economy. This phased approach ensures that the program remains adaptable and responsive to the evolving needs of the DeFi landscape, fostering sustained growth and user engagement.

Falcon Finance's Miles Program is a strategic move to enhance the growth and adoption of its synthetic dollar, USDf. By incentivizing liquidity provision and active participation in the DeFi ecosystem, the program aims to create a more vibrant and efficient market. This initiative is expected to attract a wider user base and contribute to the overall development of the synthetic dollar economy, positioning Falcon Finance as a leader in the DeFi space.