Falcon Finance Launches Public Platform With 15% APY Staking

Falcon Finance, a next-generation synthetic dollar protocol backed by DWF Labs, has officially opened its platform to the public. This launch follows a successful closed beta phase that saw significant engagement and value locked within the protocol. The public launch introduces Falcon’s core minting and redemption functions, allowing users to mint $USDf, an overcollateralized synthetic dollar, by depositing supported collateral. This collateral includes a variety of assets such as stablecoins like USDT and USDC, as well as non-stablecoins like ETH, BTC, TON, and NEAR.

One of the key features of the public launch is the introduction of “Falcon Miles,” a points program designed to reward users for their meaningful participation across the Falcon Finance ecosystem. This program aims to drive user growth by incentivizing activities such as minting $USDf, staking into $sUSDf, and holding assets on the platform. Points are accumulated based on the scale and duration of user engagement, with plans to expand eligible activities as the ecosystem grows. Future phases of the program will include earning points through liquidity provision on decentralized exchanges, interacting with lending protocols, and participating in yield tokenization platforms.

$USDf holders can stake or unstake their tokens through the Falcon App, earning protocol-generated yields through $sUSDf. The staking process is designed to be accessible and flexible, with the option to restake into fixed-tenor vaults for enhanced returns. Once staked, $USDf is converted into $sUSDf, a yield-bearing token that grows in value over time. $sUSDf is powered by Falcon’s diversified yield strategies, which include positive and negative delta-neutral funding rate arbitrage, cross-exchange spreads, liquidity provisioning, and altcoin staking. As of the launch, $sUSDf offers around 15% APY, with higher returns available via fixed-tenor restaking through Boosted Yield NFTs.

Andrei Grachev, Managing Partner of Falcon Finance, highlighted the significance of the public launch, stating, “With Falcon Finance now live to the public, our goal is to bring greater optionality to users seeking flexible synthetic dollar solutions. Falcon Miles marks the beginning of a broader effort to build a strong community where users are meaningfully rewarded for their participation and contributions to Falcon Finance.”

Looking ahead, Falcon Finance plans to expand its collateral support, drive partnerships through the “miles” program, and explore cross-chain deployments. These initiatives aim to advance the protocol’s mission to shape the next era of synthetic digital assets, providing users with more options and flexibility in the synthetic dollar market. For more information, users can visit falcon.finance.