# Glossary

<table><thead><tr><th width="212">Term</th><th>Description</th></tr></thead><tbody><tr><td>Falcon Account</td><td>Falcon Account is a centralized account within Falcon’s CeDeFi platform, functioning as the secure off-chain repository for your asset deposits and locked collaterals.</td></tr><tr><td>USDf</td><td>USDf is an overcollateralized synthetic dollar minted by Falcon when users deposit eligible assets, such as stablecoins and non-stablecoin assets.</td></tr><tr><td>sUSDf</td><td>sUSDF is a yield-bearing token, minted when USDf is deposited into Falcon's vaults. Its value increases over time as it accrues yield.</td></tr><tr><td>ERC-4626</td><td><a href="https://ethereum.org/en/developers/docs/standards/tokens/erc-4626/">ERC-4626</a> is a standard used by Falcon to optimize and unify the technical parameters its USDf yield-bearing vaults.</td></tr><tr><td>ERC-721</td><td><a href="https://ethereum.org/en/developers/docs/standards/tokens/erc-721/">ERC-721 </a>introduces a standard for Non-Fungible Tokens (NFTs), and is used by Falcon to represent a user's unique locked positions.</td></tr><tr><td>Overcollateralization Ratio (OCR)</td><td>An overcollateralization ratio is a measure of the value of collateral pledged against the value of USDf minted, where the collateral's value exceeds the mint value.</td></tr><tr><td>Overcollateralization Buffer</td><td>An overcollateralization buffer refers to the surplus value between a user's total minted USDf and collateral that is kept as a cushion to absorb price volatility of the collateral asset.</td></tr><tr><td>Cooldown Period</td><td>The cooldown period refers to the time a user has to wait prior to receiving his assets, whether after a redemption or claim.</td></tr></tbody></table>