Falcon USD usdf
What is Falcon USD?
Falcon USD (USDf) is Falcon Finance's overcollateralized synthetic dollar. Users mint it by depositing eligible collateral, including stablecoins (USDT, USDC, DAI) and non-stablecoins such as BTC, ETH and select altcoins.
What problem does Falcon USD solve?
USDf provides a dollar-denominated onchain liquidity and settlement asset while allowing users to unlock liquidity from crypto collateral without selling it.
How does Falcon USD work?
Classic Mint accepts stablecoins (1:1) or non-stablecoins with overcollateralization. Peg support combines overcollateralization, neutral hedging and cross-market arbitrage. USDf can be staked into ERC-4626 vaults to receive yield-bearing sUSDf.
Key facts
- Token: USDf (Falcon USD), synthetic dollar
- Ethereum contract: 0xFa2B947eEc368f42195f24F36d2aF29f7c24CeC2
- USDf staking produces sUSDf
- Classic redemptions have a 7-day cooldown
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Frequently asked questions
What is USDf?
USDf is Falcon Finance's overcollateralized synthetic dollar.
How does USDf maintain its peg?
Falcon cites overcollateralization and cross-market arbitrage.
External trackers
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