$FF TLDR: What is Falcon? Falcon is a universal collateralized, yield-generating synthetic dollar protocol. They have a dual-token system:   USDf = an overcollateralized synthetic dollar (stablecoin) you mint by locking up eligible collateral.   sUSDf = a yield-bearing token you can stake your USDf to get yield. Over $1.5B USDf circulating, backed by reserves exceeding $1.6B, collateralized by a diverse mix of assets, including $ETH, $BNB, $TRON, $XRP, and more. Backed by known players: DWF Labs is involved. They have institutional investment (e.g. $10M strategic investment from @worldlibertyfi). More than $273M in TVL on @pendle_fi, plugged into money markets such as @MorphoLabs, @SiloFinance, @eulerfinance, and @GearboxProtocol. 58k+ monthly active users. Deep liquidity across DEXs: @Uniswap, @CurveFinance, @PancakeSwap, and @Balancer. -still falls under the stablecoin narrative. Community Sale is currently live on Buidlpad, details: sale size: $4M unlock: 100% at TGE accepted tokens: USD1 contribution range: $50-$4K Tiered pricing: tier-1: $350M FDV for users staking ≥$3,000 in Boosted Yield tier-2: $450M FDV for all other participants. 20% priority allocation reserved for community supporters and original content creators. also contribution range up to $5,175 for long-term stakers & Miles holders. Contributing ends 2025-09-23 10:00 UTC. Currently 536% over initial target. Check for more details here: $FF is Falcon’s native token, fueling the entire ecosystem. What really caught my eye was seeing a wave of my Chinese frens repping “$FF” in their names; that’s when I decided to dig deeper. > top competitors: Ethena, makerdao, traditional fiat-backed stablecoins (usdt/usdc). The edge Falcon brings to the table, if it plays its cards right: > Broad collateral acceptance (altcoins, stablecoins, etc.) which gives flexibility to users. > Hybrid yield generation (funding arbitrage, staking, cross-exchange arbitrage, etc.) which can provide higher yields if managed well. Overcollateralization + prudence: Falcon claims good reserve transparency, audits, etc. We know the risks that come with yields sometimes, so wouldn’t dive deeper into that and peg risk. A more detailed guide: