I've already received 5.4m Miles and am climbing the Yap2Fly lb.
I noticed many conversations about @FalconStable and initially thought it was just another stablecoin project. However, once they joined Kaito, I decided to dig deeper.
What they've achieved truly impressed me:
+ Yield-bearing stablecoin (USDf) with ~9% APY currently.
+ Overcollateralized safety model
+ Backed and operated by DWF Labs
+ $1.23b in TVL
I've seen some fuds concerning Falcon, such as claims about backing with illiquid assets and holding bad debt. However, it seems every stablecoin project faces similar concerns about de-pegging, even USDT.
Investing in a new name like Falcon presents both opportunities and risks. Ensure you can manage the risks effectively.

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