@Falcon Finance has always placed a high value on transparency and security. Today, we will tell you about the latest status of their stablecoin USDf and reserves.
Stability and Security -
USDf Supply : $2.08B
Total Reserves : $2.47B
Backing Ratio : 118.58% (which indicates that they have 18.58% more assets in reserves than USDf supply. This means that USDf is backed by additional collateral.)
Attractive Yield (APY) -
sUSDf APY : 7.46% – 10.86%. (There is an opportunity for attractive returns for sUSDf holders due to the implementation of the enhanced yield strategy. )
Main Reserve Asset Allocation -
Their reserves are diversified across a variety of high - quality crypto assets that spread risk :
BTC : $1.42B
MBTC : $290.75M
ENZOBTC : $285.13M
ETH : $249.83M
Stablecoins : $126.4M
Asset Security -
They use secure storage methods to keep user assets safe :
Multisig Wallet : 91.8% (most secure)
Fireblocks : 5.52%
CFU : 2.66%
Strategy Allocation -
FalconFinance uses reserve assets in a variety of strategies for maximum efficiency and yield :
Alternative : 61%
+ Yield Farming and Shares : 21%
Arbitrage and Volatility Strategy : The rest.
This is FalconFinance's commitment to transparency, which is a great example of what sets them apart from the rest.
