Falcon Finance Introduces Transparency Portal
Title: Falcon Finance's Transparency Pledge: Unlocking the Secrets of USDf's Backing
Unveiling the Synthetic Dollar's Hidden Might
Get ready to crack the code on one of the hottest synthetic dollar solutions in town - USDf, brought to you by Falcon Finance! This next-gen powerhouse has made a bold move, launching a transparency page that leaves no stone unturned. So buckle up as we dive into the dashboard of secrets that aim to instill trust, operational security, and long-term user confidence in USDf.
What's hiding in the dashboard? Real-time magic!
The Falcon Finance transparency dashboard presents a clear picture of key protocol metrics in real-time, empowering you to keep tabs on the core elements supporting USDf. Here's a sneak peek at what you'll find:
- Total reserves
- Protocol backing ratio
- Reserves with third-party custodians
- Reserves with centralized exchanges
- On-chain reserves in liquidity pools
- On-chain reserves in staking pools
Through this breakdown, you'll get insight into the distribution of on-exchange and off-exchange backing assets across third-party custodians, centralized exchanges, liquidity pools, and staking pools.
Locking assets like a fortress: choosing the right vault
Falcon Finance doesn't mess around when it comes to asset security. The majority of its reserves are safeguarded via MPC (multi-party computation) wallets through integrations with Fireblocks and Ceffu, ensuring your assets are locked away like Fort Knox. Always off-exchange, assets are mirrored on prominent centralized exchanges, such as Binance and Bybit, to fuel trading activities. This structure drastically reduces counterparty risk, amplifying Falcon Finance's focus on risk reduction and asset protection.
Indulging in strategic plays for optimal yield
A select portion of assets is allocated directly to Binance and Bybit for strategy and trade execution purposes. However, the raw power of the Falcon Finance resides in the majority of assets that remain securely stored within their designated custodian accounts. This rigorous risk mitigation strategy forms the backbone of Falcon Finance's commitment to stability and integrity. In addition, reserves are smartly deployed into on-chain liquidity pools and staking pools, seizing yield opportunities without compromising on security.
Attestation: getting the third-party seal of approval
Falcon Finance's transparency page offers an attestation section housing third-party audit reports and quarterly proof of reserves statements. The reports include audit results from Zellic (March 2025) and Pashov Audit Group (February 2025). Falcon Finance has pledged to publish updated proof of reserves reports every quarter, with the next one due at the end of Q2. So, that's three cheers for transparency!
Andrei Grachev, managing partner of Falcon Finance, had this to say:
"With Falcon Finance, we aim to build systems users can trust, even in volatile market conditions. Our transparency page is a crucial piece of our broader effort to ensure security, resilience, and transparency at every level."
Journey to Greatness: Big Strides by Falcon Finance
Since the closed beta phase, Falcon Finance has made a name for itself in the DeFi world, entrusting over 200 million dollars in TVL (total value locked). Falcon Finance doesn't just stand still - it enables users to mint USDf by depositing a broad range of assets, including stablecoins such as USDC and USDT, as well as non-stablecoin assets like Bitcoin, Ethereum, Solana, and TON.
About Falcon Finance: The Future of Synthetic Assets
Falcon Finance is a next-generation synthetic dollar protocol engineered for sustainable and competitive yield generation in all market conditions. Built on a solid foundation of institutional-grade risk frameworks and a commitment to transparency, Falcon Finance sets the bar high for synthetic assets in DeFi.
Ready to sign up, get in touch, or learn more?
- Website
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The Daily Hodl - Covering Finance's Future with Occasional Insight from Falcon Finance
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Sources:
- Chainwire, April 29, 2025, Press Releases
- The Daily Hodl, Accessed May 4, 2025
- Falcon Finance's transparency dashboard showcases key protocol metrics in real-time, featuring on-chain reserves, third-party custodian reserves, centralized exchange reserves, and more, all aimed at building trust and confidence in USDf.
- Asset security is a top priority for Falcon Finance, with the majority of reserves being safeguarded using MPC wallets and stored with Fireblocks and Ceffu, simulating high-security Fort Knox vaults.
- Strategic assets are allocated to Binance and Bybit for trading and execution purposes, while the bulk remains in designated custodian accounts, demonstrating Falcon Finance's commitment to stability and integrity.
- Falcon Finance's transparency page offers audited third-party reports and quarterly proof-of-reserve statements to assure users of its financial stability, with reports from Zellic (March 2025) and Pashov Audit Group (February 2025) currently available.
- Alongside USDf, users can also mint synthetic assets from stablecoins such as USDC, USDT, and altcoins like Bitcoin, Ethereum, Solana, and TON on Falcon Finance's next-gen platform.
