@Falcon Finance We have always placed a high value on transparency and security. Today, we will inform you about the latest status of the USDf stablecoin and the reserves.
Stability and security -
Supply of USDf: $2.08B
Total reserves: $2.47B
Support ratio: 118.58% (indicating that they have 18.58% more assets in reserves compared to the supply of USDf. This means that USDf is backed by additional collateral.)
Attractive yield (APY) -
sUSDf yield: 7.46% – 10.86%. (There is an opportunity for attractive yields for sUSDf holders due to the implementation of the enhanced yield strategy.)
Allocation of primary reserve assets -
Their reserves are diversified across a range of high-quality digital 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 users' assets safe:
Multi-signature wallet: 91.8% (most secure)
Fireblocks: 5.52%
CFU: 2.66%
Strategy allocation -
They use reserve assets in a range of strategies to maximize efficiency and yield:
Alternative: 61%
+ Yield farming and stocks: 21%
Arbitrage and volatility strategy: the rest.
This is a commitment to transparency, which is a great example of what sets them apart from the rest.
