Falcon Finance's synthetic dollar protocol has hit a significant milestone during its closed beta, showing strong user interest and trust in the platform.
Reaching a Significant Milestone
Falcon Finance has crossed the $100 million Total Value Locked (TVL) mark in its closed beta phase. The team is assessing the protocol’s operations and gathering user feedback for further improvements. 'Reaching this milestone is a validation of our infrastructure and the trust our early users have placed in us,' said Andrei Grachev, Managing Partner of Falcon Finance.
Market Presence and Asset Listings
Falcon Finance’s synthetic dollar $USDf was recently listed on Curve Finance and Uniswap, enhancing trading and liquidity options. With support for over 16 collaterals across various ecosystems, including Ethereum, TON, and Polygon, Falcon Finance stands as a key player in decentralized finance.
Integrations and Future Developments
Falcon Finance has integrated Fireblocks and Ceffu, providing high levels of security and asset management. The platform continues to expand its integrations with leading wallets and protocols, solidifying its position in decentralized financial markets. Transparency information will soon be unveiled, setting a standard for openness.
Falcon Finance has successfully reached a major benchmark and continues to evolve, offering its users diverse opportunities in a secure and transparent financial service ecosystem.
