In response to community concerns regarding the reserve situation and sources of earnings for the stablecoin project Falcon Finance (USDf) under DWF Labs, Andrei Grachev, the executive partner of DWF Labs, posted a response on X.
In the reserve assets of USDf, stablecoins and BTC account for approximately 89% (about 565 million USD), while altcoins account for approximately 11% (about 67.5 million USD). The reserve assets have been audited, and the current over-collateralization rate is 116%.
In terms of yield, the composition of protocol earnings is as follows: basis trading earnings account for 44%, arbitrage trading earnings account for 34%, and staking earnings account for 22%.
According to previous news, the stablecoin USDf from Falcon Finance briefly depegged, dropping to 0.8799 USD, and has now rebounded to 0.9905 USD.

#BTC