With stablecoin season heating up, @FalconStable YBS emerges as one to watch imo.
Both its yield mechanics & farming incentives offer unique opportunities for users seeking sustainable returns.
What is Falcon?
Falcon is a synthetic stablecoin protocol built for cyclical resilience.
$USDf & $sUSDf (staked ver.) are designed to accrue competitive yields from both positive & negative funding conditions.
Falcon leverages a multi-asset collateral model w/ optimised yield strategies. This approach has already pushed its TVL past $559M, supported by its ongoing Falcon Miles program that hints a potential airdrop.
Falcon employs a dual-mechanism to mint $USDf:
1⃣Stablecoins (USDT, USDC, DAI): Minted 1:1
2⃣Volatile Assets (BTC, ETH, etc.): Overcollateralised to ensure protocol integrity
where diff. mint types come with its resp. multipliers:
🔹Classic Mint: 2x for stables, 8x for volatiles
🔹Innovative Mint: 16x (only possible via non-stablecoin deposits)
*HODL-ing $USDf itself holds a base 6x multiplier on a daily basis
Likewise, staking ($sUSDf) has much amplified multipliers (15x-40x) depending on staked tenure.
Max Yield & Miles Farming via LP Opportunities:
The highest tier multipliers are associated in liq. provision (up to 40x per dollar LP-ed, per day) where it includes:
🔸 @Uniswap V3 (USDf/USDT): ~1.4% APR
🔸 @CurveFinance (USDf/USDC): max. 20.98% APR (w/ boosted $CRV rewards)
🔸 @PancakeSwap V3 (USDf/USDT): ~1.3% APR
🔸@bunni_xyz (USDf/USDT): ~6.88% APR (@aave V3 + staked $USDf yields)
🔸 @Balancer V3 (USDf/aGHO): 9.18-17.41% APR (weekly $GHO & $BAL incentives)
with coverage across major AMMs, capital can be deployed where you hold the most strategic edge.
*Bonus: If you're LP-ing on Uniswap/PancakeSwap, you're cur. eligible for extra ~30% APY in USDf incentives on @Merkle_Trade (only for a limited period)
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On Transparency & Protocol Credibility
While the stablecoin landscape saw many new entrants w/ innovative yield mechanisms, security & trust here is non-negotiable imo.
Notably, Falcon stands out with its strong emphasis on institutional-grade custody & operational transparency:
a. Off-chain Reserves: Industrial-grade custodial solutions @CeffuGlobal @FireblocksHQ @ChainUpOfficial
b. Operational management: via tier-1 CEX @binance
This foundation is also reinforced with consistent audits & accountability efforts handled by top-tier security firm/independent auditors @zellic_io @pashovkrum @htdgtl.
This is a green flag I look out for when choosing which protocol to entrust my $$$.
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On Expanding DeFi Integrations
The premise of YBS is to enhance itself in DeFi integrations where:
More DeFi Opportunity breath = More utilisation & multi-layered combinations for enhanced productivity.
where emerging advanced DeFi utility for $USDf are already made available:
🔸Yield Tokenisation via @pendle_fi: 9.06% fixed APY on $sUSDf w/ robust $22.1M depth
🔸Lending on @eulerfinance: $USDf $sUSDf & PT-USDf supported as collateral
🔸 Earn on @MorphoLabs: $USDf vaults curated by @0xAlphaping @Re7LabsCurated $USDf vaults via @0xAlphaping & @Re7Labs
these will only expand significantly in time to come as it leverages on its foundational liquidity base.
IMO, its only a matter of time before new, more complex multi-level strategies emerge.
This will further unlocks deeper asset composability + further cementing Falcon's relevance in the evolving YBS landscape.




Attaching the relevant links for reference below👇
To get started on @FalconStable, feel free to use my referral code:
(Uniswap/PancakeSwap existing LPs) To be eligible for an extra 30% APY on Merkle Trade, do visit:
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