My experience with Falcon Finance: A journey of ups and downs in DeFi

My experience with Falcon Finance has been a rollercoaster of emotions. After more than ten years in traditional finance, I dove into the world of DeFi and chose Falcon Finance to start. The platform seemed robust in terms of risk control, with an automatic liquidation mechanism that felt familiar. However, the liquidation threshold is a bit aggressive and caught me off guard on one occasion.

The efficiency of capital use is another topic. The collateral rate requirements are higher than on other platforms like Compound, which reduces my leverage capacity. I understood that it is a conservative approach, but I hope for adjustments as the platform matures.

Interest rates are a headache. Falcon Finance's algorithmic model makes them fluctuate too much, complicating long-term planning. In comparison, Maker DAO is more stable.

Governance is another weak point. The threshold to vote is too high and participation is low, which makes me question the decentralization of the platform.

The bridge between chains is useful, but the experience is not ideal. Fees are high and speed is slow. Multichain is faster and more efficient.

The dashboard is excellent, with detailed data and useful graphs. However, it would be great to export historical data for later analysis.

@Falcon Finance #falconfinance $FF

The economic model of the token has potential, but the release pace is a bit high. An approach like Curve's could be more beneficial for price stability.

In summary, Falcon Finance has potential, but it needs to improve in several aspects. For me, it is a good starting point, but there is still much to be done.