Table content
# Falcon Finance Exceeds $50 Million in Total Locked Value in Just 14 Days
Falcon Finance, a fresh synthetic dollar stablecoin procedure reinforced by DWF Labs, has broadcasted a noteworthy accomplishment.
As an original on-chain stablecoin procedure, Falcon Finance has imparted comprehensive data from its initial shut testing phase. With the affirmation of its initial Total Locked Value (TVL) accomplishment, its participants’ Annual Yield Percentage (APY) has previously surpassed that of major centralized stablecoins.
## Falcon Finance Hits $50 Million in Total Locked Value
The stablecoin procedure Falcon Finance, as an operator of the over-collateralized synthetic dollar USDf, has made striking headway in its shut testing phase. Indeed while still in the testing phase, the platform has amassed a total locked value (TVL) of up to $50 million in its liquidity mechanism.
> 🔥 TVL escalated to $50 million in barely fourteen days of shut testing!
> With institutional-grade strategies and profoundly competitive yield generation capabilities, Falcon is completely exhibiting the market’s enormous demand for sustainable synthetic dollars.
> The fate of synthetic dollars is here. Are you previously included? 🚀 pic.twitter.com/dUYhc78JCR
The product is reinforced by industry-leading market maker and venture capital firm DWF Labs. TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America
The Falcon Finance group expressed in an exclusive comment that they are exceptionally energized about their initial accomplishments and are anticipating more liquidity streaming into the platform:
> With the solid support of DWF Labs, Falcon’s striking development completely exhibits solid market acceptance and highlights the enormous potential of its imaginative model.
The procedure permits cryptocurrency holders to store their digital assets, counting different stablecoins, blue-chip DeFi tokens, and other expansive altcoins, to mint USDf stablecoins.
Cryptocurrency clients can stake USDf to mint sUSDf and gain basic yields, appreciate profoundly competitive returns, and can flexibly pull back all stored assets at any time.
## The Annual Yield Percentage of sUSDf has surpassed 22%
The group cheerfully urges initial participants to pledge sUSDf and secure it for intermittent staking. Utilize the strength of duration to amplify your profits and greatly improve your total income.