Falcon Finance and DeXe Protocol have joined forces to launch the closed beta of an innovative synthetic dollar protocol.
Start of Falcon Finance's Closed Beta
Starting this week, Falcon Finance's closed beta will roll out for whitelisted wallets. Participants will gain the opportunity to engage with synthetic assets USDf and sUSDf, exploring innovative staking mechanisms.
Key Benefits of Partnering with DeXe Protocol
The partnership with DeXe Protocol, known for its solutions for decentralized governance, provides access to the synthetic dollar ecosystem. DeXe has committed $10 million to the closed beta, highlighting confidence in Falcon Finance's sustainable yield model. Andrei Grachev, Managing Partner at Falcon Finance, stated: “We are thrilled to welcome DeXe Protocol as our first strategic partner.”
Aims and Expected Outcomes of the Trials
The closed beta will enable Falcon Finance team to gather critical user feedback before the public launch. This will aid in refining risk management and yield strategies. Serhii Kravchenko of DeXe Protocol emphasized the significance of this collaboration, stating that "Falcon Finance is setting new standards for stability and yield."
Falcon Finance's closed beta provides a unique opportunity for platform optimization and strengthening strategic partnership with DeXe Protocol.
