CoinVoice has recently learned that DWF Labs Executive Partner Andrei Grachev responded to the 'brief depegging of stablecoin USDF', stating that the proportion of USDF's stablecoin and BTC collateral is about 89% (approximately $565 million), while the proportion of altcoins is about 11% ($67.5 million), with an over-collateralization ratio of 116%. For every USDF minted, it must be backed by a stablecoin or equivalent hedging position that has no directional risk.
In terms of yields, 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 reports, the stablecoin USDF under Falcon Finance briefly depegged to $0.9432, currently trading at $0.9893, still in a slightly depegged state. USDF is a stablecoin launched by Falcon Finance, which is supported by DWF Labs. [Original link]
