# Welcome Falcon Finance is the first universal collateralization infrastructure protocol that creates sustainable yield opportunities. Read the documentation to learn more. Our mission is clear: Your Asset, Your Yields. Falcon aims to empower users and institutions to unlock the true yield potential of their digital assets, such as blue-chip assets (Bitcoin, Ethereum, Solana), altcoins (Avax, Near, Ton, etc) and real-world assets (xStocks, Tokenized Gold, etc). Falcon is built on the foundation of trust, transparency, and robust technology. Our team of experienced professionals brings expertise in blockchain, financial engineering, and quantitative analysis to ensure we deliver a protocol that balances reliability with performance. We are committed to enabling users to maximize their assets while adhering to the highest standards of accountability. Our mission extends beyond creating a protocol—it’s about fostering a system that prioritizes user returns and sustainable growth. # Supported Assets List of supported digital assets in Falcon Finance, including stablecoins, major non-stablecoin cryptocurrencies & real-world assets (RWA). ### **Stablecoins:**
TokenSupported Network(s)
USDTEthereum, Tron, Solana
USDCEthereum, Solana
DAIEthereum
USDSEthereum
USD1Ethereum
FDUSDEthereum
### **Non-Stablecoin Assets:**
TokenSupported Network(s)
BTCBitcoin
WBTCEthereum
ETHEthereum
SOLSolana
XRPRipple
TRXTron
TONTON
POLPolygon
WLFIEthereum, Binance Smart Chain, Solana
EOSEOS
NEARNear
DEXEEthereum
BEAMXEthereum
MOVEEthereum
FETEthereum
COTIEthereum
AVAXAvalanche
QIAvalanche
SEI Sei
DOLOBerachain
MNTMantle
TRUMPSolana
EnzoBTCEthereum
### **Real-World Assets (RWA):**
TokenName
XAUTTether Gold
TSLAXTesla xStock
CRCLXCircle xStock
NVDAXNVIDIA xStock
MSTRXMicroStrategy xStock
SPYXSP500 xStock
USTBSuperstate Short Duration US Government Securities Fund
*For any other tokens not listed above, please reach out to the Falcon team for assistance.* *For a comprehensive overview of Falcon Finance’s collateral-acceptance criteria, please refer to the* [*Collateral Acceptance & Risk Framework*](/mechanism/collateral-acceptance-and-risk-framework)*.* # Glossary A list of terms commonly used in Falcon's documentation and their corresponding descriptions.
TermDescription
Falcon AccountFalcon Account is a centralized account within Falcon’s CeDeFi platform, functioning as the secure off-chain repository for your asset deposits and locked collaterals.
USDfUSDf is an overcollateralized synthetic dollar minted by Falcon when users deposit eligible assets, such as stablecoins and non-stablecoin assets.
sUSDfsUSDF is a yield-bearing token, minted when USDf is deposited into Falcon's vaults. Its value increases over time as it accrues yield.
ERC-4626ERC-4626 is a standard used by Falcon to optimize and unify the technical parameters its USDf yield-bearing vaults.
ERC-721ERC-721 introduces a standard for Non-Fungible Tokens (NFTs), and is used by Falcon to represent a user's unique locked positions.
Overcollateralization Ratio (OCR)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.
Overcollateralization BufferAn 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.
Cooldown PeriodThe cooldown period refers to the time a user has to wait prior to receiving his assets, whether after a redemption or claim.
# Know Your Customer (KYC) A guide into passing the Know-Your-Customer (KYC) procedure in Falcon Falcon: requirements & verification to be able to make deposits or transactions. Prior to depositing, individual users will be required to undergo KYC (Know Your Customer) processes respectively. These are regulatory processes intended to verify the identity of Falcon's users, ensuring adherence to Anti-Money Laundering (AML) regulations and maintaining secure and compliant transaction practices. ### KYC Process New users to Falcon may initiate this process by starting a [deposit](https://app.falcon.finance/transfer/deposit), [withdrawal](https://app.falcon.finance/transfer/withdraw), [mint](https://app.falcon.finance/swap/mint) or [redeem](https://app.falcon.finance/swap/redeem) action, at which a prompt for the user to choose their account type will appear.\ Users select 'Individual' and click the 'Get my KYC/KYB link'. They will then receive a unique QR code and link to proceed.
Throughout the process, users will be required to provide a range of personal information and data. These include: * Country of Residence * Email * Telegram Handle * Identity Document * Supported document types vary across different issuing countries
* Proof of Address * Documents submitted must clearly state users' full legal names, residential address, and be no older than 3 months * Examples include: * Bank statements * Telecom/Utility/Tax bills * Voter registration documents * Lease agreements * Official government-issued letters * Employment Status * Source of Funds * Political Exposure The entire KYC verification review process ranges from a few minutes to 5 business days. Do note that verification times may increase during periods of high market demand or increased verification volumes. In the case where users' applications have been rejected, they may be required to resubmit specific documents or provide additional information. Users are encouraged to review feedback provided carefully and proceed as instructed. However, if submissions still do not meet Falcon's regulatory requirements, rejection decisions will be final. If users have any subsequent questions or require assistance, they can reach out at . # Falcon Miles Learn about Falcon Miles, a massive program for rewarding users that perform activities: mint, stake, restake, trade & provide liquidity in DeFi. **Falcon Miles Pilot Season** is focused on incentivizing core activities on the Falcon app and DeFi liquidity activities. Users can earn Miles by performing eligible actions such as minting USDf, staking, restaking, contributing liquidity, or trading on DeFi pools. ### How it Works Falcon Miles operates on a multiplier-based system. For each eligible activity you perform, points are awarded based on the USD value of the activity, either the USDf minted or the total value locked (TVL) of the collateral. **Example 1: Minting USDf via the Classic Mint with Non-stablecoins**\ If you mint USDf worth 10,000 and the multiplier for this action is 8x, you will receive 80,000 Miles. **Example 2: Holding USDf for a day.** \ If you hold $10,000 worth of USDf in your wallet for one day and the daily holding multiplier is 6x, you will earn 60,000 Miles. > **Note:** The "Daily Earned Miles" displayed on your dashboard reflect the Miles earned from **the previous day’s activities**. ***Disclaimer: Any attempt to abuse the program will result in removal of points or disqualification, to ensure fair distribution to the Falcon community.*** ### Earning Miles There are several ways to earn Miles during this Pilot Season: 1. **Mint, Stake, Hold** 1. You can mint USDf through either Classic or Innovative Mint, with rewards varying based on the type of collateral supplied. Once minted, holding USDf in your wallet earns you Miles passively over time. You can also stake your USDf to receive sUSDf, or go further by restaking sUSDf into Boosted Yield vaults for even higher long-term returns. The longer you hold or commit, the more you earn. 2. **DeFi Liquidity** 1. Beyond the Falcon app, you can earn Miles by contributing USDf liquidity to supported decentralized exchanges, such as Uniswap, Curve, Balancer, PancakeSwap, and Bunni. 1. Retroactive rewards will be issued to early liquidity providers, recognizing those who helped seed the protocol from the start. 2. Trading activity on supported DEXes are now eligible for Miles. You’ll earn daily rewards based on the total volume you trade. 3. **Money Markets** 1. Supported protocols: Morpho, Euler 2. Falcon Finance records the USD value of every supplied balance each day. 1. USDf / sUSDf positions are counted at dollar value. 2. USDC positions are adjusted by the vault’s Falcon-collateral share before valuation. 3. Miles earned from today’s snapshot are credited to dashboards on the following day. 4. **Yield Tokenization** 1. Supported protocols: Pendle, Spectra, Napier 2. Falcon records the USD value of every supplied balance each day. 1. For LP positions Falcon measures the SY component, the single-sided USD value underpinning each LP token. 2. For YT holdings, Falcon takes into account the amount of YT tokens held. 5. **Referrals** 1. Through our referral program: 1. Earn up to 10% of the Miles your referee earns. 2. Set your own kickback: give as much (or as little) back as you like. Please note: * Referrer: You’ll only earn Miles if the person you invite connects their wallet to Falcon app for the first time using your referral link. * Referee: To receive your referral bonus, you must have never connected to Falcon app before, and you must use a referral link on your first connection. You can find and customize your referral link on the [Miles page](https://app.falcon.finance/miles). 6. **Social Tasks** 1. Be part of our community and earn Miles, whilst staying plugged into the latest updates of Falcon's roadmap and milestones. Current multiplier values and eligible activities are listed on the [Miles page](https://app.falcon.finance/miles). Please note that improvements and updates are ongoing during this pilot season. ### Eligible Pools for DEX Trading Miles Trading activity on these supported DEXes are eligible for earning miles; | Chain | Protocol | Pool | | ------------------- | ----------- | ------------------------------------------------------------------------------------------------------------------------- | | Ethereum | Uniswap | [USDT / USDf](https://app.uniswap.org/explore/pools/ethereum/0xC275a7390966E4bcbf331B837cD7316C4A3EFa83) | | | Pancakeswap | [USDT / USDf](https://pancakeswap.finance/liquidity/pool/eth/0x0d9EA0D5E3f400b1df8F695be04292308c041E77) | | | Balancer | [GHO / USDf](https://balancer.fi/pools/ethereum/v3/0x6c5972311191097d002e804a9bf97c96c54059ed) | | | Curve | [USDC / USDf](https://www.curve.finance/dex/ethereum/pools/factory-stable-ng-391/deposit/) | | | Curve | [frxUSD / USDf](https://www.curve.finance/dex/ethereum/pools/factory-stable-ng-485/deposit/) | | | Bunni | [USDT / USDf](https://bunni.xyz/explore/pools/mainnet/0x68306351b1155f7329bc4428657aa73b8a32e87e916f897b7dcb1328f2ec60a3) | | Binance Smart Chain | Pancakeswap | [USD1 / USDf](https://pancakeswap.finance/liquidity/pool/bsc/0xe38b4d4dc90e6a0859bee047689d97db7fd94621) | | | Pancakeswap | [USDT / USDf](https://pancakeswap.finance/liquidity/pool/bsc/0x24618d12b5eA15bB6fe3c81bBb9E011b5D5b107c) | # Season 2 Miles A complete guide to Falcon Miles Season 2 — the upgraded rewards program featuring enhanced multipliers, sFF staking bonuses, and Perryverse NFT integration. ## Overview Falcon Miles Season 2 launched on **September 29, 2025**, coinciding with the FF Token Generation Event (TGE). Season 2 introduces an enhanced multiplier system, new earning activities, and deeper integration with the Falcon ecosystem including sFF staking and Perryverse NFTs. #### What's New in Season 2 | Feature | Season 2 Enhancement | | --------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | **sFF Staking Multipliers** | 80x base, 160x for first 7 days claimable from TGE | | **Claim Staking Bonuses** |

Up to 1.25x boost for staking claimed FF
During the TGE FF claim process, claiming and staking occur in a single transaction — your FF is automatically staked for sFF at the moment of claiming

| | **Perryverse NFT** | Trait-based multipliers with 3-week rotations | | **Classic Yield sFF** | 80x multiplier for Classic Yield Stakers | ### Perryverse NFT Integration Season 2 integrates the [Perryverse NFT collection](https://docs.falcon.finance/~/revisions/YsHrtnqwN1VelYThE3pL/perryverse-nft) into the Falcon Miles ecosystem, allowing Perry holders to earn boosted Miles based on their NFT's traits. #### How Perryverse Multipliers Work | Feature | Details | | ------------------- | --------------------------------------------------------------------------- | | **Rotation Period** | Boosted traits rotate every **3 weeks** | | **Trait-Based** | Multipliers apply to specific trait categories (e.g., Eyewear → Sunglasses) | | **Stacking** | Multiple boosted traits on one Perry stack together | | **Daily Cap** | Maximum 20,000,000 (20M) Miles per day from Perryverse Traits. | Please Refer to the Perryverse NFT page for more information to everything Perryverse related. ### Season 2 Activities Summary | Activity | Multiplier | Notes | | -------------------------- | --------------------------- | --------------------------------------------------------------------------------------- | | sFF Holding (First 7 Days) | 160x | Initial boost period - Applicable only within the first 7 days of TGE | | sFF Holding (Ongoing) | 80x | Standard rate after 7 days | | sUSDf Holding | Varies depending on tenure. | [Please refer to the Falcon app for more information](https://app.falcon.finance/miles) | #### Bonus Multipliers
Bonus TypeMultiplierRequirement
Claim Staking (50%+)1.10xStake ≥50% of claimed FF
Claim Staking (80%+)1.25xStake ≥80% of claimed FF
Perryverse NFTVariesHold hatched Perry with boosted traits.
#### DeFi Integrations Earn additional Miles through Falcon's DeFi partners: | Protocol | Activity | | ------------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | Pendle |

Supply USDf
Supply sUSDf
Hold YT-USDf

Hold YT-sUSDf

| | Morpho |

Supply USDC
Supply USDf

| | Euler |

Supply USDf
Supply sUSDf
Supply USDC

| | Curve |

USDC / USDf Liquidity Provision
frxUSD / USDf Liquidity Provision

| | Uniswap | [USDT / USDf Liquidity Provision](https://app.uniswap.org/explore/pools/ethereum/0xC275a7390966E4bcbf331B837cD7316C4A3EFa83) | | Pancake Swap |

USD1 / USDf Liquidity Provision
USDT / USDf Liquidity Provision

| # Yap2Fly (Falcon x Kaito) Read about Yap2Fly, Falcon Finance x Kaito campaign rewarding onchain activity and social insights with Falcon Miles, leaderboard ranks, USDf bonuses. ### What Is Yap2Fly? [Yap2Fly](https://app.falcon.finance/yap2fly) is a joint quest between [Falcon Finance](https://falcon.finance/) and [Kaito](https://www.kaito.ai/) that turns both your voice and your onchain activity into real rewards. On X, Kaito’s Mindshare engine tracks how far your Falcon insights travel, scoring originality, thoughtful engagement, and genuine reach. In the Falcon app, every mint of USDf, stake of sUSDf, or addition of DeFi liquidity earns Falcon Miles and unlock new badge tiers. Your Mindshare and Miles work together to push you up the Yap2Fly leaderboard, unlocking monthly USDf bonuses and an allocation of special rewards. ### Yap2Fly Rewards | Reward | Pool Size | Eligibility | Rewards Distribution | | ----------------- | ----------------------- | --------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------- | | USDf Monthly Pool | 50,000 USDf every month | The Top 50 users in that month’s leaderboard. Rewards are split in equally to each wallet. | Claimable right after the monthly snapshot; claim window stays open for 30 days. | | Special Rewards | 0.3% FF Token Supply | Top 200 Yap2Fly users and wallets that hold at least 5000 sKAITO and YT-sKAITO during the campaign. | Distributes after the end of the Yap2Fly campaign. | ### Rewards Distribution The mentioned special rewards pool follows a step-based claim mechanism so that the most committed community members receive the largest share. The total special rewards pool will distributed as follows; 1. First 40% becomes claimable given that you have ranked on the Yap2Fly Leaderboard. 2. Next 20% is claimable if you have collected 3 Bronze Badges. 3. Next 20% is claimable if you have collected 3 Bronze Badges and 4 Silver Badges. 4. Following 20% is claimable if you have collected 3 Bronze Badges, 4 Silver Badges, and 4 Gold, Diamond, or Legendary Badges. *Note: Any FF left unclaimed after 3 months will be redistributed equally to all eligible users in both the Yap2fly ranked users and Kaito Stakers.* ### How to Participate? If you shape the Falcon 🦅 story with insight and consistency and back your words with genuine on-chain activity, you qualify for Yap2Fly rewards. There are three ways to climb the board: 1. Yap about Falcon Finance Connect your X account to your Falcon Finance account, publish useful threads, charts or replies, and build mindshare. Higher Mindshare pushes you upward on the leaderboard. 2. Rack up Falcon Miles Interact with the Falcon app by minting USDf, staking sUSDf, adding liquidity, or completing any mission shown in the Miles dashboard. Every action in the Miles program boosts your leaderboard score, so consistent onchain activity is the most reliable way to climb. 3. Stake $KAITO Hold at least 5000 of sKAITO or YT-sKAITO during the campaign and you will qualify for a share of the end-of-campaign special rewards distribution. Leaderboard rank will not be required for stakers. ### How the Leaderboard Works? | Details | Description | | ----------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | Mindshare Updates | Yap on X or earn more miles and your rank can change on a daily basis. | | Monthly snapshot | At 23:59:59 UTC on the final calendar day, Falcon Finance will capture the Top 50 users ranked on the leaderboard for that month for the monthly reward payout. Each monthly leaderboard will start from the first day of the month (eg: 1st August 2025) | | Weighted ranking | Falcon Finance combines your Kaito Mindshare position and your Falcon Miles position using a proprietary weight formula to produce your final Leaderboard Rank. | ### What Counts as a "Yap"? Begin by linking your X account to your [Falcon wallet ](https://app.falcon.finance/yap2fly)so Kaito can track the reach and impact of your posts. A strong yap delivers clear, original insight: walkthrough threads that demonstrate how to mint USDf, data-backed comparisons with other stablecoins, or concise tutorials guiding new users through staking or partaking in USDf DeFi ecosystem.\ Consistency is just as important as quality, because regular thoughtful updates mark you as a trustworthy voice in the ecosystem. Enhance your explanations with visuals like charts, short screen recordings, or annotated screenshots to make complex ideas easy to grasp and to invite deeper conversation.\ Let your own style shine, highlighting both the “how” and the “why” behind Falcon Finance’s mechanism. Authentic commentary that educates and inspires earns higher Mindshare, which in turn lifts your position on the leaderboard. ### Ready to Yap and Fly? Visit , connect your wallet, and link your X account. Join [Yap2Fly](https://app.falcon.finance/yap2fly) today, grow with the Falcon community, and secure your place among the top contributors.
# FF Token The FF token will serve as the governance token of Falcon Finance and the foundation of the protocol’s decision-making and incentive framework. Through this mechanism, token holders will play an active role in shaping Falcon Finance’s ecosystem and long-term growth trajectory. In addition to governance, staking or holding FF will unlock favorable economic terms within the protocol, including boosted APY on USDf staking, reduced overcollaterization ratios when minting, and discounted swap fees. These benefits are designed to enhance capital efficiency while encouraging both active participation and long-term alignment with the ecosystem. A portion of the total FF supply will also be allocated to community incentives, with eligibility determined by user engagement across the Falcon ecosystem. Activities such as minting, staking, and participation in DeFi protocols and applications will contribute to reward qualification, ensuring a structured rollout of FF distribution that supports sustainable growth. Finally, holding FF will provide privileged access to upcoming products and features, including early entry into new delta-neutral yield vaults and structured minting pathways. By combining governance rights, economic benefits, community rewards, and exclusive access, the FF token is positioned to become a central driver of value and participation within the Falcon Finance ecosystem. # FF Token Claim Registration Falcon Finance is opening registration for the upcoming $FF governance token. To participate, users must register their wallet addresses through the [Falcon Claim Page](https://app.falcon.finance/claims). Registration ensures that wallets are validated and eligible to receive tokens. ### Registration Deadline The registration period closes on **28th September, 23:59:59 UTC**. Only wallets registered before the deadline will be eligible to claim $FF tokens. Unregistered wallets will not be able to participate, so registering is a mandatory step to secure your claim. ### Claim Options Once registered, you can decide how you would like to receive $FF tokens: 1. **Claim on Separate Wallets** 1. Falcon Finance links wallet addresses based on X (Twitter) account connection. This means that if you have multiple wallet addresses connected to the same X (Twitter) account on Falcon App, the registration for these wallet addresses are linked and you have the choice to receive $FF tokens to each wallet. 2. Each registered wallet receives its share of tokens individually. 3. For example, you have Wallet A, B and C connected to @MyXAccount and you have registered Wallet A for separate wallet claims, your Wallet B and Wallet C will be automatically registered and each wallet A, B, and C will receive its token share during the claiming period. 4. If you only have one wallet address, this claim option will be the default selection. 2. **Combined Claim to One Wallet** 1. Falcon Finance links wallet addresses based on X account connection. This means that if you have multiple wallet addresses connected to the same X account on Falcon App, the registration for these wallet addresses are linked and you have the choice to receive all $FF token shares consolidated to one single wallet. 2. Tokens across all wallets linked to the same X account are merged and distributed to a single wallet of your choice. 3. For example, you have Wallet A, B and C connected to @MyXAccount and you have registered Wallet A for combined wallet claims, your Wallet B and Wallet C will be automatically registered and all of your eligible $FF claims will be consolidated and claimable through your selected wallet. ### Linking Wallets to Your X Account On the Falcon App, users may connect their wallet addresses to their X account on [Yap2Fly page](https://app.falcon.finance/yap2fly) or [Miles Leaderboard page](https://app.falcon.finance/miles?tab=leaderboard). If multiple wallets are linked under the same X account and at least one wallet is registered, all wallets connected to that X account will be auto-registered. Connecting your X account is optional, but it provides key benefits: * Required for users participating in the [Yap2Fly Board](https://app.falcon.finance/yap2fly), where X Kaito mindshare is factored into eligibility. * Combine token claim registrations across multiple wallets under one X account. ### Frequently Asked Questions (FAQ)
Do I need to register if I only have one wallet or have completed KYC? Yes. Every wallet must be registered to be eligible for $FF claims. However, if you have multiple wallets connected to a X account, you are only required to register one of the wallets and the rest will be auto-registered. \ Do note that if you have multiple wallets that ARE NOT connected to the same X account, you will be required to register each and every wallet for its claims.
What happens if I don’t register by the deadline? Unregistered wallets by 28th September, 23:59:59 UTC will not be able to claim $FF tokens.
Is linking my X account mandatory? No, it is optional. However, it is recommended if you manage multiple wallets or are participating in the Yap2Fly Board.
Can I change my claim option later? Yes. You may only change your claim option given that the registration period is still open. After registration closes on 28th September, 23:59:59 UTC, your selected claim option will be final.
When will I be able to claim my $FF tokens? The claiming period will be opened very soon. Please keep a lookout for the announcements on Falcon Finance media platforms.
I have completed my registration, but decided to link a new wallet to my X account after, what will happen? Once you’ve registered, any wallet linked to the same X account before the registration deadline on 28th September will be automatically registered and will follow your selected claim option.
Where can I check how much $FF tokens I can claim? You will be able to view your claimable $FF tokens once the claiming period begins. The official claiming dates will be announced soon.
# FF Claims Distribution Guide This guide provides a complete walkthrough of the $FF claims process. It is designed to ensure full disclosure of FF claim eligibility, vesting schedules, claim flow, and the benefits of staking FF. ### Claims Overview The claims period is a limited-time event during which registered users can claim their $FF tokens. * Claims Period: * Opens: 29 September 2025, 12:00 UTC * Closes: 28 December 2025, 12:00 UTC * Claims Eligibility Categories: FF can be claimed through these 3 categories: * Falcon Miles - Tokens allocation to users who have accumulated [Miles](https://app.falcon.finance/miles) by engaging with Falcon Finance ecosystem (eg: minting, staking, providing liquidity on DeFi, etc. ). * Kaito Stakers - Users holding at least 5000 sKAITO or 5000 YT-sKAITO. * Yap2Fly - The Top 200 ranked users on the last month of Yap2Fly leaderboard by TGE, ranked by the combined Kaito Mindshare + Miles score. Important: If you have not registered your wallet address for FF claims by 28th September 23:59 UTC, you will be ineligible to claim FF. ### Claims Prerequisites To qualify for claims, you must: 1. Register your wallet address during the Registration Period 1. Timeline: 17 September 2025, 12:00 UTC – 28 September 2025, 23:59 UTC 2. If you fail to register within this period, your claim is ineligible. 2. Chosen your claim option (final and irreversible): 1. Claim on Separate Wallets 2. Combine All Tokens to One Wallet ### Claims App Guide The Falcon App provides a simple, step-by-step process: **Step 1 & 2 - Locked Registration Choices**
**Step 3 – Allocation & Claims** The section shows which categories you qualify for: * Falcon Miles: You must select your vesting option before proceeding. * Option 1: * 30% unlocked at TGE. * Remaining 70% subject to 1-month cliff, then 6-months vesting. * Option 2: * 50% unlocked at TGE. * Remaining 50% forfeited (higher upfront access). * Kaito Stakers * 40% unlocked at TGE; future unlocks tied to Falcon Badge tiers. * Remaining 60% unlocks gradually: 1. 20% unlocks on 10 October – Claimable once you collect 3 Bronze Badges. 2. 20% unlocks on 10 November – Claimable once you collect 3 Bronze + 4 Silver Badges. 3. 20% unlocks on 10 December – Claimable once you collect 3 Bronze + 4 Silver + 4 Gold/Diamond/Legendary Badges. * Yap2Fly (Top 200) * 40% unlocked at TGE; future unlocks tied to Falcon Badge tiers. * Remaining 60% unlocks gradually: 1. 20% unlocks on 10 October – Claimable once you collect 3 Bronze Badges. 2. 20% unlocks on 10 November – Claimable once you collect 3 Bronze + 4 Silver Badges. 3. 20% unlocks on 10 December – Claimable once you collect 3 Bronze + 4 Silver + 4 Gold/Diamond/Legendary Badges. Important Notes for Kaito Stakers and Yap2Fly Top 200 Rankers: — Unlocks are capped at 20% per date, even if you’ve already met all badge requirements before the first claim date.\ — You can progressively unlock higher tiers over time. For example, if you don’t meet the Bronze badge requirement by October 10, but do so by November 10, you can start claiming from that point onward. Only Kaito Stakers and Yap2Fly Leaderboard users can claim their allocations in this step. * For Kaito Stakers and Yap2Fly: Click the “Claim” button next to each eligible category in Step 3. * For Falcon Miles: You will not see a Claim button in Step 3. Please proceed to Step 4 to claim your Falcon Miles allocation. **Step 4 – Falcon Miles Claim & Stake** This section shows Falcon Miles token claims that can be claimed and staked in a single transaction. Claims from Kaito staking and the Yap2Fly category must be claimed separately (Refer to step 3) and cannot be staked during the claim process. The amount shown in Step 4 will only be allotted from the Falcon Miles category, which is the total amount of unlocked $FF tokens based on your vesting options
* In this step, you will decide how to split your unlocked $FF tokens between: * Staking FF for sFF (to earn APY and Falcon Miles multipliers). * Claiming FF directly to your onchain wallet. ### Staking FF for Boosted Miles Staking your FF tokens for sFF during the claims process not only secures yield but also unlocks boosted Falcon Miles multipliers for [Season 2](https://app.falcon.finance/miles). These multipliers are designed to reward early participation and higher commitment. Falcon Miles Multipliers * 160× Miles: For the first 7 days starting from TGE day (29 September 2025), users who hold sFF will earn 160 Miles for every 1 Mile normally earned. * 80× Miles: After the 7th day (from 6 October 2025 onward), the multiplier adjusts to 80× for the remainder of Season 2. This means the earlier you stake, the higher the multiplier you enjoy during TGE week. Boosted Miles from Immediate Claim & Stake In addition to the classic multipliers, users who claim and stake directly from the Claims page in a single transaction can unlock extra boosts on their entire Season 2 Miles. These boosts apply to all Miles you accumulate during the season, across all activities. * Stake 50–79% of unlocked allocation → 1.1× Boost * Example: If you earn 10,000 Miles in Season 2, your boosted total becomes 11,000 Miles. * Stake 80–100% of unlocked allocation → 1.25× Boost * Example: If you earn 10,000 Miles in Season 2, your boosted total becomes 12,500 Miles. Important: * The boost only applies if staking is completed as part of the claim transaction (Claim & Stake together). * Staking later (after claiming) will not qualify for the boost. # FF Token Exchange Listings ### **Where to Trade FF** FF tokens are available for trading on various centralized exchanges (CEXs) and decentralized exchanges (DEXs). For a comprehensive and up-to-date list of all markets, we recommend viewing the FF page on [CoinMarketCap](https://coinmarketcap.com/currencies/falcon-finance-ff/) or [Coingecko](https://www.coingecko.com/en/coins/falcon-finance-ff). This ensures you always have access to the most current data. View FF Markets on; CoinMarketCap: Coingecko: # FF Tokenomics
* **Ecosystem: (35%):** This will be allocated for ecosystem developments and success, including future airdrops, ecosystem growth fund, RWA adoption, and cross-chain integrations. * **Foundation (24%):** This will be allocated for the foundation's growth, including risk management and audits. * **Core Team & Early Contributors (20%):** This is allocated to the core development team and early contributors to the protocol who built Falcon Finance from zero to one. 1-year cliff and 3-year vesting will be implemented. * **Community Airdrops & Launchpad Sale (8.3%):** This will be allocated to reward the early supporters and long-term users of Falcon Finance, including Falcon Finance’s Miles Program, Buidlpad community sale, and Kaito Yap2Fly campaign. * **Marketing (8.2%):** This will be allocated to sustained marketing efforts designed to amplify visibility, foster ecosystem adoption, and position Falcon Finance for long-term growth. * **Investors (4.5%):** This will be allocated to investors who have supported Falcon Finance since the early stages. 1-year cliff and 3-year vesting will be implemented. * TGE circulating supply calculation: 2.34B FF (23.4%) at launch # sFF Token A comprehensive guide to sFF: how to stake FF tokens, earn yield, accumulate Falcon Miles, and participate in governance. ## Overview sFF is the staked version of the FF governance token, minted when users stake FF into Falcon Finance's staking mechanism. By staking FF to receive sFF, users unlock enhanced benefits within the Falcon Finance ecosystem, including yield generation, boosted Falcon Miles multipliers, and governance participation rights. Staking FF aligns long-term holders with the protocol's growth while providing tangible rewards for active participation. sFF holders benefit from: * **Yield Generation**: Earn yield distributed in $FF * **Falcon Miles Multipliers**: Earn accelerated Miles for Season 2 and beyond * **Governance Rights**: Participate in protocol decision-making (coming soon) ### Smart Contract Always verify these addresses when interacting with Falcon Finance products to protect yourself from potential scams or phishing attempts. | Token | Contract Address | | ----- | --------------------------------------------------------------------------------------------------------------------- | | sFF | [0x1a0c3ffcbd101c6f2f6650ded9964c4a568c4d72](https://etherscan.io/address/0x1a0c3ffcbd101c6f2f6650ded9964c4a568c4d72) | # Staking Mechanics #### How sFF Works When you stake FF tokens, you receive sFF in return at a 1:1 ratio. Your sFF represents your staked position and accrues value over time through yield distribution. The staking mechanism operates as follows: 1. **Stake FF**: stake $FF through the protocol via 2. **Receive sFF**: Mint sFF tokens representing your staked position 3. **Accrue Yield**: Earn yield distributed in $FF based on protocol performance 4. **Earn Miles**: Accumulate Falcon Miles with boosted multipliers 5. **Unstake Anytime**: Convert sFF back to FF. Please do note that a 3 day cooldown period applies for users wishing to unstake. #### Unstaking Process sFF features **unstaking** with a 3**-day cooldown period**. This means: * You can initiate the conversion from sFF to FF at any time. Once initiated, your FF becomes claimable after a 3-day cooldown period. During this cooldown, your tokens do not accrue yield. * Unstaking does not affect any yield you've already earned * Unstaking is processed immediately upon transaction confirmation # Falcon Miles Multipliers Staking FF to receive sFF provides significant boosts to your Falcon Miles accumulation. Miles multipliers vary based on timing, staking amount, and participation method. #### Multiplier Structure | Activity | Multiplier | Notes | | --------------------- | ---------- | --------------------------------------------------------------------------- | | **Classic Yield sFF** | 80x | for sFF staked via [Classic Yield](https://app.falcon.finance/earn/classic) | #### Claim Staking Bonuses For users claiming FF tokens from the TGE distribution, additional bonuses apply when staking during the claims process: | Staking Amount | Bonus Multiplier | Example | | -------------------------- | ----------------- | --------------------------- | | Stake ≥50% of claimable FF | 1.10x (10% boost) | 10,000 Miles → 11,000 Miles | | Stake ≥80% of claimable FF | 1.25x (25% boost) | 10,000 Miles → 12,500 Miles | | Activity | Multiplier | Notes | | ------------------------------ | ---------- | ---------------------------------------------- | | **sFF Holding (First 7 Days)** | 160x | Applicable to first 7 days after initial stake | | **sFF Holding (Ongoing)** | 80x | Standard multiplier after initial 7-day period | > **Important**: These bonuses require staking to be executed as part of the claims transaction. The claim and stake must occur together in a single transaction. Any staking performed separately after the claim will not qualify for these bonus multipliers. Miles earned through sFF staking contribute to your overall Falcon Miles balance and count toward Season 2 rewards # Governance The FF token serves as the governance token of Falcon Finance, and sFF holders will play an active role in shaping the protocol's future. #### Governance Rights (Coming Soon) Governance features are currently in development. Once released, sFF holders will be able to: * **Vote on Proposals**: Participate in protocol decisions * [Access Governance Forum](https://snapshot.box/#/s:ffgov.eth) > 📢 **Stay Updated**: Governance features will be announced via official Falcon Finance channels. Follow [@FalconFinance](https://x.com/falconfinance) on X for the latest updates. # How to stake FF for sFF Follow these steps to stake your FF tokens and receive sFF. #### Step 1: Navigate to the Classic Yield Section First, visit the Falcon App and access the staking interface: **URL**: Ensure your Web3 wallet is connected to the Falcon App before proceeding.
#### Step 2: Select FF Staking On the Classic Yield page, locate the **"FF"** option next to the Classic Yield header. Click on **"FF"** to switch from USDf staking to FF staking. The interface will update to display: * Current FF staking APY * Your available FF balance * Estimated sFF to receive
#### Step 3: Enter Staking Amount Enter the amount of FF you wish to stake in the input field. You can either: * Type a specific amount manually * Click **"Max"** to stake your entire FF balance Review the details displayed: * Amount of FF to stake * Amount of sFF you will receive (1:1 ratio) * Current Falcon Miles multiplier #### Step 4: Confirm and Stake Once you've confirmed the staking amount: 1. Click the **"Stake"** button to initiate the transaction 2. Your Web3 wallet will prompt you to approve the transaction 3. Review the gas fees and confirm the transaction in your wallet 4. Wait for the transaction to be confirmed on-chain #### Step 5: Verify Your Staked Position After the transaction is confirmed: 1. Navigate to your [**Profile**](https://app.falcon.finance/account/profile) via the Account dropdown menu 2. Confirm your sFF balance has increased 3. Your staked position will now begin earning yield and Falcon Miles
You can monitor your sFF holdings, accumulated yield, and Miles earned directly from the Falcon App. # Perryverse NFT A comprehensive guide to the Perryverse NFT collection: Perry Eggs, hatching mechanics, rarity tiers, trait-based Miles multipliers, and how to maximize your rewards. ## Overview Perryverse is Falcon Finance's official NFT collection, featuring Perry — the iconic falcon mascot of the Falcon ecosystem. The collection integrates directly with Falcon Miles, offering holders boosted multipliers based on their Perry's traits and rarity. #### Collection Details | Attribute | Details | | ------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | **Collection Name** | Perryverse | | **Total Supply** | 3,500 NFTs | | **Token Standard** | ERC-721 | | **Blockchain** | Ethereum Mainnet | | **Marketplace** |

Perryverse NFT
Perryverse Egg NFT

| The Perryverse collection consists of two NFT types: 1. **Perry Egg NFT** — The initial minted NFT that must be burned to reveal your Perry 2. **Perry NFT** — The revealed Perry with unique traits that determine your Miles multipliers # Smart Contracts Track the official smart contract addresses for the Perryverse collection. Always verify these addresses when interacting with Perryverse NFTs to protect yourself from potential scams or phishing attempts. #### Ethereum Mainnet | Contract | Address | | -------------------------- | ------------------------------------------ | | Perryverse - Perry Egg NFT | 0xB0aE9Dd22a2E1211f813b081098581DD0Ff5B981 | | Perryverse - Perry NFT | 0x383b5123b55f5ef823080c0c9e9bb58ffefd2c5e | > ⚠️ **Security Reminder**: Falcon Finance will never ask you to send funds directly to these contract addresses. Be cautious of similar-looking addresses or fake collections that may be fraudulent. Only interact with the official Perryverse collection on OpenSea and always verify contract addresses before any transaction. # Perry Egg Hatching Mechanism When you mint or acquire a Perryverse NFT, you initially receive a Perry Egg. To reveal your Perry and unlock trait-based Miles multipliers, you must hatch your egg through a burn-to-reveal mechanism. #### How Hatching Works 1. **Hold a Perry Egg**: Acquire a Perry Egg NFT through minting or secondary market purchase 2. **Initiate Hatching**: Access the hatching interface on the [Falcon App](https://app.falcon.finance/perryverse) 3. **Burn the Egg**: Confirm the transaction to burn your Perry Egg NFT 4. **Receive Your Perry**: A new Perry NFT is minted to your wallet with randomized traits 5. **Unlock Multipliers**: Your Perry's traits now qualify for rotating Miles multipliers #### Important Notes * **Burning is irreversible**: Once you hatch your Perry Egg, the egg NFT is permanently destroyed * **Traits are randomized**: The traits your Perry receives are determined at the moment of hatching * **Rarity is fixed**: Your Perry's rarity tier is set upon hatching and cannot be changed * **Immediate utility**: Your Perry immediately begins qualifying for trait-based Miles multipliers after hatching, contingent on your NFT possessing traits that qualify for boosted miles. # Rarity Tiers Each Perry NFT belongs to one of six rarity tiers, determined at the moment of hatching. Rarity is based on the combination of traits your Perry receives. #### Rarity Distribution | Rarity Tier | Description | | ------------- | ------------------------------------------------- | | **Common** | The most frequently occurring trait combinations | | **Uncommon** | Slightly rarer trait combinations | | **Rare** | Notable trait combinations with distinct features | | **Epic** | Highly sought-after trait combinations | | **Legendary** | Exceptionally rare trait combinations | | **Mythic** | 1:1 unique Perrys - the rarest in the collection. | #### Rarity Indicators Your Perry's rarity is determined by the specific combination of traits it possesses. Mythic Perrys are completely unique 1:1 pieces, meaning no other Perry in the collection shares their exact appearance. # Falcon Miles Multipliers Perryverse NFTs integrate directly with Falcon Miles, providing holders with boosted multipliers based on their Perry's traits. The multiplier system operates on a **rotating schedule**, rewarding different traits at different times. Each Perry comes with multiple traits. Six are selected per rotation for **1.1x–1.5x** Miles boosts. #### How Trait Multipliers Work * **Trait Categories**: Each Perry has multiple trait categories (e.g., Eyewear, Background, Clothing, etc.) * **Specific Traits**: Within each category, your Perry has a specific trait (e.g., Eyewear → Sunglasses) * **Rotating Boosts**: Every **3 weeks**, the boosted traits rotate to reward different trait combinations * **Stacking Multipliers**: If your Perry has multiple boosted traits during a rotation, the multipliers stack ### Rotation Schedule | Cycle | Duration | How It Works | | --------------- | -------------- | -------------------------------------------------------- | | Rotation Period | 3 weeks | Boosted traits change every 3 weeks | | Announcement | Start of Cycle | Boosted traits announced via official channels. | | Application | Immediate | Multipliers apply automatically to qualifying Perry NFTs | Note: While trait multipliers become active immediately on rotation day, your boosted Miles balance will only reflect the increase one day later. Falcon Miles uses end-of-day data snapshots for calculations, so there is a 24-hour delay between when multipliers take effect and when boosted Miles appear in your account #### Example If the current rotation boosts: * **Eyewear → Sunglasses**: Your Perry with Sunglasses earns bonus Miles * **Background → Cosmic**: Your Perry with Cosmic background earns bonus Miles * **Both traits**: Your Perry with both Sunglasses AND Cosmic background earns stacked bonuses #### Maximum Daily Miles > **Daily Cap**: The maximum possible Miles that can be earned from boosted traits is **20,000,000 (20M) Miles per day**. This cap applies to trait-based multipliers from Perryverse NFTs. Plan your holdings accordingly to maximize your Miles accumulation within this daily limit. # User Deposit Process Overview of how user deposits are stored and used in Falcon Finance: custodians, routing into CEXs, liquidity pools, and staking venues & more. The diagram below provides an overview of how users' deposits into Falcon are stored and utilized.
There are several key parties that users should be aware of:
PartyDescription
UsersThis refers to anyone who utilizes Falcon's range of features, such as depositing/withdrawing, minting/redeeming, staking/unstaking, and restaking/claiming.
Custodians /
OES Providers		This refers to third-party custodial solutions that Falcon employs to store and secure users' deposits. These include Ceffu (MirrorX), and Fireblocks (CVA).
Centralized Exchanges (CEXs)These refer to the various centralized exchanges that Falcon employs yield generating strategies like price arbitrage on. These include Binance, and Bybit.
Liquidity PoolsThese refer to the various venues that Falcon utilizes users' collateral to provide liquidity in exchange for yield.
Staking PoolsThese refer to the various venues that Falcon stakes users' collateral to secure various networks in exchange for yield.
### General Flow of User Deposits 1. Users deposit collateral assets into Falcon - these can range from stablecoins to non-stablecoin assets. USDf is minted in return. 2. All user deposits are routed to third-party custodians where multi-signature (multi-sig) or multi-party computation (MPC) processes are in place to ensure that assets are stored in a secure manner. 1. These processes require multiple approvals from separate, authorized signers before any withdrawal can occur. Consequently, there is no single individual or entity that can unilaterally remove or re-route assets. 2. Falcon does not directly control or hold user-deposited assets in a way that would allow a single party to misappropriate them. 3. Falcon utilizes off-exchange settlement mechanisms that allow for "mirroring" of assets within the custodian accounts onto CEXs, where various strategies are deployed and trades are placed. 4. Falcon deploys a portion of assets into tier-1 on-chain liquidity pools to generate yield through on-chain dex activity and arbitrage. 5. Falcon stakes certain assets on-chain for chains with native staking capabilities to generate additional yield on spot holdings. # USDf (Synthetic Dollar) A quick description of the USDf token: why this synthetic dollar is overcollateralized & what utility it has in Falcon Finance. USDf is Falcon Finance’s overcollateralized synthetic dollar, minted when users deposit eligible collateral assets, including stablecoins (e.g., USDT, USDC, DAI) and non-stablecoin assets (e.g.,BTC, ETH, and [select altcoins](/supported-assets)). The overcollateralization framework is designed to ensure that the value of the collateral consistently exceeds the value of the USDf issued, preserving its stability across varying market conditions. Collateral deposited to mint USDf is managed through neutral market strategies, maintaining full asset backing while minimizing the impact of directional price movements. This approach reinforces the strength and reliability of USDf as an overcollateralized synthetic dollar. # USDf Minting Mechanisms A quick guide into minting mechanisms in Falcon Finance: getting USDf tokens with Classic Mint vs. Innovative Mint. Falcon offers multiple pathways for users to mint USDf, providing flexibility based on individual asset holdings and strategic preferences. Users can choose between two minting options: the [Classic Mint ](/mechanism/usdf-synthetic-dollar/usdf-minting-mechanisms/classic-mint)and the [Innovative Mint](/mechanism/usdf-synthetic-dollar/usdf-minting-mechanisms/innovative-mint). Through the Classic Mint, users can mint USDf by depositing supported stablecoins such as USDT and USDC, or by using non-stablecoin assets such as ETH, BTC, or select altcoins. When minting with stablecoins, users receive USDf at a 1:1 ratio (subjected to prevailing market rates). For non-stablecoin deposits, an overcollateralization ratio is applied to ensure that the value of the collateral remains higher than the value of the USDf minted. The implementation of an OCR helps to mitigate the impact of market slippage and inefficiencies, ensuring that each USDf minted by all non-stablecoin deposits is fully backed by collateral of equal or greater value. The Innovative Mint offers an alternative method for users seeking to mint USDf with non-stablecoin assets. Under this mechanism, users commit their collateral for a fixed term, enabling access to liquidity while maintaining defined participation in potential price appreciation. The amount of USDf minted is conservatively determined relative to the value of the collateral, based on parameters such as tenure, strike price multipliers, and capital efficiency levels, ensuring continuous overcollateralization. Collateral deposited to mint USDf is managed through neutral market strategies that minimize sensitivity to market movements, while preserving full asset backing. In periods of significant market volatility, the protocol implements appropriate liquidation procedures to ensure the integrity of the collateral backing. Maintaining overcollateralization is fundamental to Falcon’s design. It ensures that every USDf minted is backed by collateral exceeding one dollar in value, reinforcing the security and stability of the synthetic dollar system. # Classic Mint Description of the Classic Mint process in Falcon Finance for minting USDf with stablecoin or non-stablecoin collateral. ***Disclaimer: The minimum amount required to initiate an Classic Mint is USD$10,000 worth of eligible stablecoin and non-stablecoin collateral. Users should contact for more information or assistance with the process.***
**Stablecoins vs Non-Stablecoin Assets**\ Users minting USDf with stablecoins will do so at a 1:1 ratio, while users minting with non-stablecoin assets will be subject to an overcollateralization ratio (OCR). As indicated in the previous section, OCRs will vary based on the non-stablecoin asset's risk profile. Refer to the [App Guide](/resources/quick-app-guide) for further details on different deposit processes. **Express Mint**\ An Express Mint is an extra feature provided for users using the Classic Mint mechanism. It offers users two additional options in the process of minting their USDf. Compared to a regular mint where users simply receive the amount of USDf minted, and are required to proceed with further processes like staking and restaking manually, Express Mint users are able to bypass these automatically. * Option 1: Mint & Stake * This option automatically stakes users' USDf after it is minted, directly returning users sUSDf instead of USDf at the end of the process. * Option 2: Mint, Stake, & Restake * This option requires users to pick between available fixed-term tenures, automatically staking their' USDf after it is minted, then restaking the returned sUSDf into the chosen vaults. * Users will receive an ERC-721 NFT representing their locked position instead of USDf or sUSDf at the end of the process Refer to the [sUSDf](/earn/susdf-yield-bearing-token) and [Restaking](/earn/restaking-susdf) sections for further details on staking and restaking respectively. # Innovative Mint Innovative Mint mechanism Falcon Finance: how it enables users to profit from price appreciation & what happens at the end of the tenure. ***Disclaimer: The minimum amount required to initiate an Innovative Mint is USD$50,000 worth of eligible non-stablecoin collateral. Users should contact for more information or assistance with the process.*** The Innovative Mint allows users to mint USDf by depositing non-stablecoin assets while maintaining limited exposure to potential price appreciation. Collateral is locked for a fixed term ranging from 3 to 12 months. At the time of minting, the users will have to set the following key parameters: tenure, capital efficiency level, the strike price multiplier. These parameter will determine the initial amount of USDf minted, the liquidation price, and the strike price. The user's collateral is monitored throughout the lock-up period. Depending on price movements during or at the end of the term, there are three possible outcomes: **1. If the collateral price drops below the liquidation price at any time during the term:**\ The collateral is liquidated to protect the protocol’s collateral backing. In this case, the user does not retain any claim to the original collateral. However, the user continues to hold the USDf that was minted at the start, which can be redeemed for supported stablecoins such as USDT or USDC. **2. If the collateral price remains between the liquidation price and the strike price by the end of the term:**\ The user may reclaim the full collateral asset by returning the USDf originally minted. This allows the user to regain their asset while still having accessed to USDf liquidity during the term. Users will be given 72 hours window from the maturity date to reclaim their collateral. **3. If the collateral price rises and exceeds the strike price by the end of the term:**\ The collateral is exited. The user no longer retains any claim to the original asset. Instead, they receive an additional USDf payout, calculated as: $$ (Strike Price × Collateral Amount) − USDf Minted $$ This additional USDf reflects the value of the collateral based on the agreed strike level, effectively capturing a predefined upside for the user in USDf terms. # Overcollateralization Ratio Read how Overcollateralization Ratio is implemented for non-stablecoin crypto collateral when minting USDf in Falcon Finance. **Overcollateralization Ratio (OCR)**\ The implementation of an OCR helps to mitigate the impact of market slippage and inefficiencies, ensuring that each USDf minted by all non-stablecoin deposits is fully backed by collateral of equal or greater value. It indicates a user's total value of locked collateral relative to the amount of minted USDf. $$ \text{OCR} = \frac{\text{Initial Mark Price of Collateral} \times \text{Collateral Amount}}{\text{USDf Minted}} $$ OCRs for each non-stablecoin collateral asset are dynamically calibrated based on the asset’s inherent market volatility, liquidity profile, market slippage and historical price behavior. This risk-adjusted approach ensures the protocol’s resilience against adverse price movements while optimizing capital efficiency for users. Users should also note that the valuation of their collateral is directly tied to the prevailing market price and conditions at the time of collateral deposit. \ \&#xNAN;*Falcon does not guarantee the stability or value of any assets and accepts no liability for any discrepancies or losses arising from market volatility or external factors influencing asset prices.* **Overcollateralization Ratio (OCR) Buffer**\ An OCR buffer is the portion of collateral retained by Falcon beyond the value of minted USDf. The buffer serves as a risk mitigation mechanism to safeguard the protocol against market fluctuations. The amount of collateral asset held as an OCR buffer is derived by: $$ \text{OCR Buffer} = (\text{OCR} - 1) \times (\text{Collateral Amount}) $$ Reclaiming of the OCR buffer is based on market conditions at the time of claim. * If the current market price ≤ initial mark price (of the collateral asset): Users will reclaim the full unit amount of the buffer * If the current market price ≥ initial mark price: Users will reclaim the USD-equivalent value of the buffer based on the initial mark price # USDf Peg Stability The explanation of how USDf synthetic dollar’s peg is kept using delta-neutral hedging, overcollateralization, and cross-market arbitrage. Falcon Finance maintains USDf’s peg stability through a combination of delta-neutral and market-neutral strategies. Collateral assets deposited to mint USDf are actively managed to neutralize directional exposure, minimizing the effects of individual asset price movements and broader market fluctuations. This ensures that fluctuations in the underlying collateral do not affect the value backing USDf. In parallel, the protocol enforces strict overcollateralization requirements. By requiring that the value of deposited assets consistently exceeds the value of USDf minted, Falcon establishes a resilient buffer against volatility in non-stablecoin assets. This ensures that every USDf remains fully backed by assets of equal or greater value, reinforcing the strength of the peg stability. Together, these mechanisms allow Falcon to maintain synthetic dollar stability, even during periods of significant market fluctuations. ### Cross-market Arbitrage Falcon also utilizes arbitrage of USDf across both centralized and decentralized spot markets to maintain the peg of USDf. This opportunity is also available to users, who are able to mint or redeem to profit from the price differences of USDf. * If USDf is above peg (> $1.00): * KYC-ed Users can mint USDf at peg via Falcon, and sell them on external markets where USDf is trading above peg value. * If USDf is below peg (< $1.00): * KYC-ed Users can purchase USDf below peg on external markets and redeem them for $1.00 worth of collateral per token via Falcon. This incentivizes all parties to actively take part in stablizing USDf at its rightful peg value across various markets. # Redemptions Redemptions in Falcon Finance: how it works & differs from unstaking. Classic redemptions for stablecoin collateral & claims for non-stablecoins. Besides selling USDf on external markets, users looking to exit their USDf positions have the option of initiating redemptions on Falcon. Redemptions are split into two types - a classic redemption and a claim. This is based on the type of asset a user is receiving for his USDf, with both forms of redemptions being subject to a 7-day cooldown period. Users will only receive their assets after this period, in which their redemption requests are processed. The cooldown period is implemented to ensure the health of Falcon and its reserves, providing a sufficient window of time for Falcon to withdraw users' assets from its active yield generation strategies.\ \&#xNAN;***This is not to be confused with unstaking, where users can unstake their sUSDf and receive USDf in return immediately.*** ### Classic Redemptions (Stablecoins) Classic redemptions involve users exchanging their existing USDf for one of Falcon's supported stablecoin options (e.g., USDC, USDT). Refer to the [Redeem](/resources/quick-app-guide/navigating-the-swap-tab/redeem) section for further details on redeeming USDf for stablecoins. ### Claims (Non-Stablecoins) Claims, on the other hand, involve users exchanging their existing USDf for non-stablecoin positions that they previously locked to mint USDf. For users of [Classic Mint](/resources/quick-app-guide/navigating-the-swap-tab/classic-mint), this process enables users to recover the [overcollateralization buffer](/mechanism/usdf-synthetic-dollar/overcollateralization-ratio) applied during the initial minting. Upon claiming, users may choose to receive their assets in one of three formats: the original collateral asset, USDT, or a combination of both. For users of [Innovative Mint](/mechanism/usdf-synthetic-dollar/usdf-minting-mechanisms/innovative-mint), claims can be made only after the tenure of collateral has matured. Once the tenure has matured, to reclaim the original non-stablecoin collateral, users must repay the amount of USDf initially minted. Full recovery of the collateral is possible only if the position was not liquidated or exited due to the asset price reaching the predefined strike level during the term. Users will have a 72 hour window to recover the full collateral from the tenure maturity date. Refer to the [Claim](/resources/quick-app-guide/navigating-the-swap-tab/claim) section for further details on redeeming USDf for non-stablecoin assets. # Collateral Acceptance & Risk Framework Read how Falcon Finance considers new crypto as collateral for minting USDf, evaluating its liquidity, market depth & risk factors. Falcon Finance maintains a data‑driven framework for selecting the **Supported Collaterals** that can be pledged to mint USDf. The objective is to safeguard USDf’s peg and ensure that all accepted assets exhibit sufficient market liquidity, price transparency, and risk‑adjusted resilience. > These guidelines are reviewed periodically and may be updated in response to evolving market conditions or regulatory requirements. ### Eligibility Screening Workflow
StageCheck Decision Logic
1Primary Listing Is the token listed on Binance Markets?

No → Reject

Yes → proceed to Stage 2

2Market Availability Is the token available in both Spot and Perpetual Futures on Binance?Yes → Accept
Only Spot or Only Futures → proceed to Stage 3
Neither → Reject
3Cross‑Exchange VerificationIs the token listed on Top‑10 CEXs or leading DEXs with verifiable depth and non‑synthetic volume?Yes → Accept
No → Reject
Tokens that pass all three stages are classified as eligible collateral and can be accepted on Falcon Finance. ### Quantitative Risk Assessment Each token is scored across four market‑quality dimensions. A color‑coded tier (🟢 Low, 🟡 Medium, 🔴 High) is assigned per factor.
Risk FactorLow Risk 🟢 Medium Risk 🟡 High Risk 🔴
Liquidity on Binance
- Daily Spot + Futures volume		More than USD 5MUSD 1M - 5MLess than USD 1M or only illiquid pairs
Funding Rate Stability
  • Consistently positive/neutral
  • Minimal spikes
  • Occasional negative
    or spiky funding
  • Slight
    inconsistencies
  • Highly negative or
    volatile funding rates
  • Historically unstable
Open Interest Stable and high Open
Interest (more than USD 5M),
indicating sustained trader
interest		Moderate Open Interest (USD 1M - 5M), with noticeable fluctuationsLow Open Interest
(less than USD 1M) or frequent
drops, with sudden
wipe-outs
Market Data Sources
  • Cross-listed on Top 10 CEXs & DEXs
  • Low slippage
  • Deep books and consistent volume
  • Listed on mid-tier
    exchanges
  • Moderate
    slippage
  • Lower depth
  • Illiquid DEX listings
    only
  • Poor price
    discovery
  • Lack of
    external validation
## Composite Risk Grade * An asset is **Eligible** when **no factor is rated 🔴** and ≤ one factor is 🟡. * Assets with two 🟡 scores are **Conditionally Eligible** and may receive a **higher overcollaterization ratio**. * Any 🔴 score triggers **Rejection** or immediate review if already listed. ## Overcollaterization Ratio Falcon applies dynamic overcollaterization ratios that reflect the composite risk grade and underlying asset volatility. Specific ratios are published on the [Falcon Finance Mint page](https://app.falcon.finance/swap/mint) and may change as market conditions evolve. # Risk Management Risk management is a cornerstone of Falcon’s commitment to users’ asset protection. Falcon\ employs a dual-layered approach combining automated systems and manual oversight to monitor\ and manage positions actively. This double monitoring layer ensures positions are carefully evaluated and adjusted in real-time to mitigate risk. During periods of heightened market volatility, Falcon leverages the expertise of its advanced trading infrastructure to unwind risk strategically. This capability ensures the preservation of the user’s assets while maintaining the stability and integrity of the collateral pool. # Extreme Events & Market-Stress Management Cryptocurrencies are among the most volatile assets which may demonstrate incredible\ price movements such as 500% growth within a day and 90% price drop within an hour.\ Bitcoin demonstrated such behavior earlier but with time it demonstrates less extreme\ behaviour while most altcoins still are known for this. For example, MANTA has collapsed by\ more than 90% within just an hour recently which triggered massive liquidations and losses. ### How Falcon Finance Manages Extreme Events Falcon Finance treats extreme events as a first-order risk and employs disciplined, multi-layered controls to minimize losses in both stressed and normal market conditions. Falcon Finance employs delta neutral strategies to minimize directional exposure while capturing basis and funding opportunities. The approach is straightforward and follows clear execution rules: * With stablecoins: Falcon purchases spot exposure in the target altcoin and stake it where appropriate, then open an offsetting short position in the corresponding perpetual sized to the marked spot exposure. * With altcoins: Falcon sells the spot position to neutralize risk and open an offsetting long position in the corresponding perpetual when basis or funding conditions make the trade attractive. This often leads to large profits in case of large price differences between spot and perps\ or/and in case of negative funding rates. ### Risk Controls for Extreme Market Conditions During extreme events involving rapid price increases, the risk of liquidation increases\ drastically. In order to avoid such scenarios, Falcon Finance performs the following: 1. Connect all strategies that trade spot and perpetuals into a single monitoring system that enforces near-zero net delta across the total position. 2. As soon as price exceeds a given threshold, the systems automatically sell spot and closes perpetuals positions. 3. Even when staking yields are highly profitable, we maintain at least 20% of spot holdings on exchanges and available for immediate sale, allowing us to liquidate a significant portion of the position without delay. 4. If an extreme event happens, Falcon removes spot coins from staking immediately or\ when it’s possible. Falcon aim to negotiate zero lockup period for staking or any\ other DeFi activities. 5. Falcon employs machine learning models that continuously analyze market data and flag potential extreme events ahead of broader market recognition, allowing for rapid intervention. 6. Falcon sets maximum altcoin position sizes so that the majority of any position can be unwound within a day. During sharp declines in spot prices, Falcon prioritizes management of perpetual positions to ensure they can be closed or resized quickly and to prevent adverse funding from accumulating. Execution algorithms derived from high frequency trading practices enable rapid order placement and cancellation, allowing efficient exits even under stressed conditions. In addition, depegging of other stablecoins is treated as a distinct scenario. Falcon’s risk monitoring system surfaces abnormal peg deviations early, ahead of broader market recognition. Depending on the configured risk posture, Falcon either exits exposure to the affected stablecoin with minimal realized loss, typically under a few basis points, before a full depeg develops, or maintains a hedged stance and waits for the peg to restore. # sUSDf (Yield-Bearing Token) Read how sUSDf works: yield-bearing token, minted when USDf is deposited & staked into Falcon’s ERC-4626 vaults, based on the sUSDf-to-USDf value. sUSDf is the yield-bearing version of USDf, and the other half of Falcon's dual token system. Minted when USDf is deposited and staked into Falcon's ERC-4626 vaults, the amount of sUSDf received by users is calculated based on the prevailing sUSDf-to-USDf value. $$ \text{Current sUSDf-to-USDf Value} = \frac{\text{Total USDf Staked} + \text{Total Rewards}}{\text{Total sUSDf Supply}} $$ $$ \text{sUSDf Minted} = \frac{\text{USDf Staked}}{\text{Current sUSDf-to-USDf Value}} $$ Following the above formulas, the sUSDf-to-USDf value at any point of time reflects the total supply of sUSDf relative to the total USDf staked and accumulated yield in USDf, and is a gauge for cumulative yield performance. As such, the value of sUSDf increases over time as Falcon accrues yield through strategies such as positive & negative funding rate spreads, and altcoin staking. ### ERC-4626 [ERC-4626](https://ethereum.org/en/developers/docs/standards/tokens/erc-4626/) is a standard for tokenized vaults on EVM-compatible blockchains, designed to enhance interoperability and composability within DeFi. By providing a standardized API, this standard also ensures the unification and optimized management of yield-bearing assets. Falcon's sUSDf utilizes the ERC-4626 vault standard for its yield distribution mechanism. The standard is crucial in ensuring a transparent and efficient mechanism for distributing yield to users who stake their USDf, while streamlining the process. This also supports integration of sUSDf into various DeFi applications in the future, enhancing overall user experience and security. Refer to the [Classic Yield](/resources/quick-app-guide/navigating-the-earn-tab/classic-yield) section for details on the USDf staking process. # Restaking sUSDf Read about restaking in Falcon Finance: fixed-term periods to earn enhanced yields represented by ERC-721 NFTs of locked positions. In exchange for boosted yield, Falcon allows users to restake their sUSDf holdings for a fixed-term tenure. This lock-up period can be selected by users from a range of available options, including a 3-month tenure, a 6-month tenure, and others, with longer periods providing higher yields. These fixed periods without redemption allows Falcon to optimize for time-sensitive yield strategies, generating higher yields for users. Upon restaking, the protocol mints and issues a unique ERC-721 non-fungible token (NFT) to users, representing their locked position. ### ERC-721 [ERC-721](https://ethereum.org/en/developers/docs/standards/tokens/erc-721/) is a standard non-fungible tokens (NFTs) on EVM-compatible blockchains. It provides a set of guidelines for creating unique digital assets that cannot be exchanged on a one-to-one basis due to their unique properties. Falcon utilizes the ERC-721 NFT standard to record each user's unique restaked position, based on their staked sUSDf amount and selected fixed-term tenure. Viewable on Etherscan, each NFT will depict the details regarding users' unique locked positions.
TermDescription
PrincipalPrincipal refers to the initial amount of sUSDf restaked by the user.
RewardsRewards refer to the amount of sUSDf accumulated as boosted yield.
Start TimeStart Time refers to the Unix timestamp of the user's time of restaking.
DurationDuration refers to the total lock period selected by the user in seconds.
MaturityMaturity refers to the Unix timestamp of the end of the lock period.
StatusStatus reflects the current state of the user's locked position
At the end of their selected fixed-term tenures, users will be able to redeem their ERC-721 NFTs for their balance of sUSDf, which includes their initial restaked amount and any accrued boosted yield. Refer to the [Boosted Yield](/resources/quick-app-guide/navigating-the-earn-tab/boosted-yield) section for further details on the restaking process. # Yield Generation A quick guide into yield-generation strategies in Falcon Finance: funding rate & cross-exchange arbitrage, staking & liquidity pools. Unlike other synthetic dollar protocols that rely solely on positive funding rate arbitrage, yield distributed to USDf stakers is derived from multiple different sources. This approach ensures consistent yields regardless of market conditions.
StrategyDescription
Positive Funding Rate ArbitrageFalcon generates yield on positive funding rates by maintaining spot positions while shorting corresponding perpetual futures. The spot assets are concurrently staked, generating additional yield alongside funding rate income.
Negative Funding Rate ArbitrageConversely, Falcon can sell spot holdings and long futures to generate a yield with negative funding rates.
Cross-exchange Price ArbitrageFalcon buys and sells assets across multiple markets to profit from differences in their prices.
Native Altcoin StakingFalcon leverages native staking opportunities for supported non-stablecoin assets, allowing the protocol to earn higher on-chain yields as part of its diversified yield strategy.
Liquidity Pools Falcon deploys a portion of assets into tier-1 on-chain liquidity pools to generate yield through on-chain dex activity and arbitrage.
Options-Based StrategiesFalcon utilizes options-based strategies to capture volatility premiums and pricing inefficiencies. By employing ai models, hedged options positions and spreads, the protocol aims to generate yield while maintaining controlled directional exposure and defined risk parameters.
Spot/ Perps Arbitrage Falcon executes market-neutral arbitrage by holding spot assets while taking offsetting perpetual futures positions. This allows the protocol to capture price basis movements and funding rate opportunities between spot and derivatives markets while maintaining hedged exposure.
Statistical ArbitrageFalcon employs quantitative, mean-reversion and correlation-based trading models to identify and capture short-term pricing inefficiencies across assets and markets. These strategies are market-neutral in design and are executed with strict risk controls to minimize directional exposure.
Extreme Movements TradingFalcon selectively executes strategies designed to capitalize on short-term dislocations during periods of extreme market volatility. These trades are deployed opportunistically with strict risk controls, allowing the protocol to generate yield when markets experience sharp, temporary movements.
# sUSDf Yield Distribution Read about Falcon Finance yield distribution mechanism: daily calculation, USDf minting, and their allocation to sUSDf vaults & Boosted Yield positions. ### Overview
Falcon calculates and verifies yields generated daily across all of its strategies. The generated yields are used to mint new USDf. A portion of the newly minted USDf is deposited directly into Falcon's sUSDf ERC-4626 Vault, increasing the vault's existing sUSDf : USDf value over time. The rest of the newly minted USDf is staked into the vault as sUSDf, and allocated to users with Boosted Yield NFTs. If a user is using Classic Yield, they receive USDf when they unstake their sUSDf. The amount they get is based on the current sUSDf-to-USDf value, which will already account for their share of total yield accrued. On the other hand, users who have participated in Falcon's Boosted Yield unstake (claim) their locked positions, they receive the additional sUSDf that was staked on their behalf. This enables them to enjoy the boosted yield, on top of their initial locked amount of sUSDf. They can then unstake their sUSDf for classic yield as with any other user.\ \&#xNAN;*Restaked and boosted sUSDf positions will receive additional sUSDf only at maturity.* ### Calculation of Yield At the end of each 24-hour cycle, Falcon calculates the total amount of yield generated within the period, before distributing them to USDf stakers following the formula below: $$ \text{Yield per User} = \frac{\text{USDf Staked by User}}{\text{Total USDf Staked}} \times \text{Yield Distributed} $$ ### On-chain Tracking By utilizing the ERC-4626 standard, Falcon ensures that the sUSDf-to-USDf rate remains fully transparent and verifiable on-chain. Users can do so via Etherscan by following the below process:
1. Visit the sUSDf contract on Etherscan: 2. Scroll to "convertToAssets" and input 1000000000000000000 (represents 1 sUSDf). 3. Divide the result (i.e, 1020540451406678530) by 10^18 to verify the current sUSDf-to-USDf rate (i.e, 1.020540451406678530) ### Lock Window To maintain accuracy and prevent complications (e.g., last-minute entries or exits distorting daily returns), Falcon implements a brief lock window, often during the 9:00–10:00 PM GMT+8 timeslot. Yield is finalized within that same timeslot, and interactions such as staking and unstaking may briefly be queued to avoid overlapping transactions that could incorrectly allocate or dilute the daily rewards. Once calculation and yield distribution are complete, Falcon incorporates the final figure into the next APY update. *Additionally, clients who redeem assets before the daily unlock process is fully completed will forfeit a portion of their daily yields.* # Staking Vaults Earn USDf yield by staking digital assets with fixed APR vaults with secure lockups and no KYC required. Staking Vaults are an onchain product offered by Falcon Finance that enables users to earn USDf rewards on their digital asset holdings without selling their the tokens or completing KYC. The vaults aggregate TVL in strategic assets and deploy them into yield generating strategies, creating sustainable rewards for users while strengthening the Falcon ecosystem. ### Key Features 1. **Stake your Tokens** 1. Users can deposit supported tokens into dedicated vaults. Once deposited, the assets enter a lockup period and begin earning rewards. 2. **Earn USDf Yield** 1. Yield is distributed in USDf at a fixed APR. The vault does not mint USDf from user staking. 3. **Lockup Duration** 1. Each vault offers specific lockup periods (eg: 180 days). Once the lockup duration ends, users can unstake and withdraw the same quantity of their deposited tokens. 4. **Proprietary Yield Generation** 1. Falcon Finance generates yield through propriety trading. All strategies follow Falcon internal risk processes. 5. **Unstake Cooldown** 1. After the lockup duration ends, users can initiate an unstake of the token from the Staking Vault. A 3-day cooldown period applies to allow strategies to unwind. Once the cooldown is complete, users can redeem their original tokens. # Quick App Guide A quick guide into using Falcon Finance: from depositing crypto collateral & minting USDf tokens to boosting yields & redeeming collateral. ### **How the Falcon App Works** Falcon has two types of tokens : * **USDf (Overcollateralized Synthetic Dollar):** A synthetic digital asset that is fully backed by eligible deposits, including stablecoins (e.g., USDT, USDC, FDUSD) and non-stablecoin assets such as BTC, ETH, and select altcoins. Stablecoin deposits mint USDf at a 1:1 ratio, while non-stablecoin assets are subject to an overcollateralization ratio to preserve protocol integrity. * **sUSDf (Yield-Bearing Asset):** A yield-bearing token minted when USDf is deposited and staked into Falcon Finance’s ERC-4626 vaults. The value of sUSDf increases over time, as the protocol accrues yield through strategies such as positive & negative funding rate spreads, and altcoin staking. The sUSDf-to-USDf ratio reflects cumulative yield performance. ### **User Flow for Stablecoins Deposits** **Step 1: Mint USDf**\ Begin by connecting a whitelisted Web3 wallet. Users may deposit eligible stablecoins (e.g., USDT, USDC, FDUSD) into their Falcon Account and mint USDf on a 1:1 basis relative to the deposited stablecoin value. **Step 2: (Optional) Stake USDf to Receive sUSDf**\ Users can choose to stake their minted USDf into Falcon's vaults to receive sUSDF, a yield-bearing token that increases in value over time. **Step 3: (Optional) Boost Yields via Fixed-Term Restaking of sUSDf**\ To earn boosted yield, users may also opt to restake sUSDf into fixed-term vaults (e.g., 3 or 6 months). Upon doing so, Falcon issues an ERC-721 NFT representing the locked-up assets, and accrues additional yield. Upon maturity, users can redeem their NFT for sUSDf.\ \&#xNAN;*Alternatively, users may utilize the Express Mint feature to directly restake their deposits and mint an ERC-721 NFT at Step 1, bypassing Step 2 entirely.* **Step 4: Unstake sUSDf to Receive USDf**\ While unstaking sUSDf, users will receive USDf at the prevailing sUSDf-to-USDf value. **Step 5: Redeem USDf for Stablecoins**\ Users may finally redeem USDf for their original stablecoin-denominated deposits (USDT, USDC, or FDUSD) on a 1:1 basis, subject to 7-days cooldown period. ### **User Flow for Non-Stablecoins Deposits** **Step 1: Mint Overcollateralized USDf**\ Similarly, users begin by connecting a whitelisted Web3 wallet. They may then deposit supported non-stablecoin assets—such as ETH, BTC, stETH, or other accepted tokens.\ Upon deposit, the protocol applies an Overcollateralization Ratio (OCR) based on the asset’s risk profile and market volatility. This ensures that the USDf minted subsequently is backed by collateral of equal or greater value. **Step 2: (Optional) Stake USDf to Receive sUSDf**\ Users can choose to stake their minted USDf into Falcon's vaults to receive sUSDF, a yield-bearing token that increases in value over time. **Step 3: (Optional) Boost Yields via Fixed-Term Restaking of sUSDf**\ To earn boosted yield, users may also opt to restake sUSDf into fixed-term vaults (e.g., 3 or 6 months). Upon doing so, the protocol issues an ERC-721 NFT representing the locked-up assets, and accrues additional yield. Upon maturity, users can redeem their NFT for sUSDf.\ \&#xNAN;*Alternatively, users may utilize the Express Mint feature to directly restake their deposits and mint an ERC-721 NFT at Step 1, bypassing Step 2 entirely.* **Step 4: Unstake sUSDf to Receive USDf**\ While unstaking sUSDf, users will receive USDf at the prevailing sUSDf-to-USDf value ratio. At the same time, users who initially deposited non-stablecoin assets will also receive an overcollateralization buffer. This is based on current market conditions: * If the current market price is less than or equal to the initial mark price (of their deposit asset), the user may reclaim the full unit amount of the buffer. * If the current market price is greater than the initial mark price, the user will reclaim a USD-equivalent value of the buffer based on the initial mark price. **Step 5: Select Redemption Type** \ Once sUSDf has been converted into USDf and the overcollateralization buffer, users may select one of three options for final redemption: * Full Redemption in Stablecoins * Convert their total claim—USDf value and overcollateralization buffer, into eligible stablecoins (e.g., USDT, USDC, FDUSD) at a 1:1 ratio. A 7-day cooldown period will apply. * Split Redemption: Stablecoins + Original Collateral * Redeem part of their claim in stablecoins, and the remainder in the originally deposited non-stablecoin asset. * Full Redemption in Original Collateral * Users may opt to redeem their total claim fully in the originally deposited collateral, subject to market pricing and availability. *For an extensive description for terms used within the App Guide, users can refer to the* [*Glossary*](/glossary) *section.* {% content-ref url="/pages/GRnN3jDz8pdj3Fo4Ec7X" %} [Glossary](/glossary) {% endcontent-ref %} # Navigating the Transfer Tab Overview of the documentation section about the Transfer tab in Falcon Finance (deposits & withdrawals). The Transfer tab is designed to facilitate seamless deposits to and withdrawals from users' Falcon Accounts. Users can deposit supported assets from various networks to initiate the USDf minting process, or withdraw balances at their convenience, subject to a mininum withdrawal amount and a fee. This section outlines the operational steps for both the Deposit and Withdraw functions: 1. [Deposit](/resources/quick-app-guide/navigating-the-transfer-tab/deposit-assets) 1. [Depositing from an Exchange](/resources/quick-app-guide/navigating-the-transfer-tab/deposit-assets/depositing-from-a-centralized-exchange) 2. [Depositing from a Web3 Wallet](/resources/quick-app-guide/navigating-the-transfer-tab/deposit-assets/depositing-from-a-web3-wallet) 2. [Withdraw](/resources/quick-app-guide/navigating-the-transfer-tab/withdraw-assets) # Deposit Assets An overview of the Deposit function in Falcon Finance’s Transfer tab: how a user can deposit supported digital assets to his account. ### **Overview** The Deposit function within the Transfer tab allows users to initiate asset transfers into their Falcon Account. Users may deposit a range of supported stablecoins and non-stablecoin assets across various chains to begin minting USDf. Refer to the [Supported Assets](/supported-assets) section for further details on eligible deposit assets. ### **Minting** After verification of a successful deposit, users are encouraged to mint USDf, using their deposited assets as collateral. This will allow them to participate in staking and other yield features on Falcon. Refer to the [Mint](/resources/quick-app-guide/navigating-the-swap-tab/classic-mint) section under the [Swap](/resources/quick-app-guide/navigating-the-swap-tab) tab for further details. {% content-ref url="/pages/h8eV2IZTJRKerkjF8dEH" %} [Classic Mint](/resources/quick-app-guide/navigating-the-swap-tab/classic-mint) {% endcontent-ref %} # Depositing from a Centralized Exchange A step-by-step guide on how to deposit digital assets to Falcon Finance directly from a crypto exchange. ## User Flow for Depositing from an Exchange **Step 1: Navigate to the Deposit Section**\ First, users locate the Transfer tab on the Falcon App, and select Deposit from its dropdown menu.
**Step 2: Select Deposit Asset**\ Users then select their preferred deposit asset from a range of supported assets. If applicable to the selected asset, users can also select their preferred deposit network.
**Step 3: Deposit Assets**\ Once the deposit asset and network are selected, users can proceed to initiate the deposit into their Falcon Account. Users can either scan the provided QR code or manually copy the deposit address and paste it into their exchange withdrawal interface.\ \&#xNAN;*Verify the network selected again before initiating the deposit. Depositing assets through unsupported networks may result in loss of funds.*
**Step 4: Confirm Deposit via Falcon Account Overview**\ After the deposit is finalized and the transaction is confirmed, users should confirm that their deposited assets are viewable under the Profile function located in the dropdown menu of the Account tab.\ Users should observe an increase in their Portfolio Value corresponding to the total value of the recent deposit, and a similar representation under Available Assets.
# Depositing from a Web3 Wallet A step-by-step guide for using the deposit function in Falcon Finance: how to top up an account with digital assets from a web3 wallet. ### User Flow for Depositing from a Web3 Wallet **Step 1: Navigate to the Deposit Section**\ Users begin by connecting their preferred Web3 wallet (e.g., MetaMask, Trust Wallet) to the Falcon App by locating the Connect Wallet button at the top-right of the page.
**Step 2: Navigate to Deposit Section**\ Next, users locate the Transfer tab on the Falcon App, and select Deposit from its dropdown menu.
**Step 3: Select Deposit Asset**\ Users then select their preferred deposit asset from a range of supported assets. If applicable to the selected asset, users can also select their preferred deposit network.
**Step 4: Indicate Amount and Deposit Assets**\ Once the deposit asset and network are selected, users can enter the amount of assets they intend to deposit into their Falcon Account and initiate it by clicking the Deposit button. This will trigger the transaction.\ \&#xNAN;*Verify the network selected again before initiating the deposit. Depositing assets through unsupported networks may result in loss of funds.*
**Step 5: Approve Transaction**\ Users will be required to confirm and authorize the transaction within their Web3 wallet. **Step 6: Confirm Deposit via Falcon Account Overview**\ After the deposit is finalized and the transaction is confirmed, users should confirm that their deposited assets are viewable under the Profile function located in the dropdown menu of the Account tab.\ Users should observe an increase in their Portfolio Value corresponding to the total value of the recent deposit, and a similar representation under Available Assets.
# Withdraw Assets A step-by-step guide on the process of withdrawing digital assets in Falcon Finance. ### **Overview** The Withdraw function within the Transfer tab allows users to make asset withdrawals from their Falcon Account to any external Web3 wallet. Users may withdraw a range of supported stablecoins and non-stablecoins, ensuring flexibility in asset management.\ \&#xNAN;*Currently, Falcon only supports withdrawals on the Ethereum network. For withdrawals via other networks, please reach out for assistance at .* ### User Flow for Withdrawing **Step 1: Navigate to the Withdraw Section**\ First, users locate the Transfer tab on the Falcon App, and select Withdraw from its dropdown menu.
**Step 2: Select Withdrawal Asset and Indicate Amount**\ Users then select the asset they want to withdraw from their Falcon Account, and indicate their desired amount, subject to a minimum withdrawal amount.
**Step 3: Enter Withdrawal Wallet Address**\ Users select the wallet address where they want to receive the withdrawn assets.
**Step 4: Withdraw Assets**\ Once the withdrawal asset, amount, and wallet address are selected, users can initiate a withdrawal from their Falcon Account, subject to a fee. By clicking the Withdraw button, users will trigger the transaction. **Step 5: Approve Transaction**\ Users will be required to confirm and authorize the transaction within their Web3 wallet. **Step 6: Confirm Withdrawal via Web3 Wallet**\ After the withdrawal is finalized and the transaction is confirmed, users should confirm that their withdrawn assets are correspondingly displayed in their Web3 wallet. # Navigating the Swap Tab Learn how to use Falcon Finance’s Swap tab to mint USDf tokens, redeem, or claim positions, with support for stablecoin, non-stablecoin & RWA deposits. The Swap tab aims to facilitate USDf mints and redemptions. Users can utilise their deposited assets within their Falcon Account to mint a corresponding amount of USDf, with non-stablecoin assets subject to an overcollateralization ratio. They can also redeem and convert their existing USDf back into their initial assets for withdrawal to their Web3 wallets. This section outlines the operational steps for both the Mint, Redeem, and Claim functions: 1. [Mint](/resources/quick-app-guide/navigating-the-swap-tab/classic-mint) 1. [Minting with Stablecoins](/resources/quick-app-guide/navigating-the-swap-tab/classic-mint/minting-with-stablecoins) 2. [Minting with Non-Stablecoin Assets](/resources/quick-app-guide/navigating-the-swap-tab/classic-mint/minting-with-non-stablecoin-assets) 2. [Redeem](/resources/quick-app-guide/navigating-the-swap-tab/redeem) 3. [Claim](/resources/quick-app-guide/navigating-the-swap-tab/claim) # Classic Mint Overview of the Classic Mint function in Falcon Finance: minting & staking USDf synthetic dollars. ### **Overview** The Mint function within the Swap tab allows users to initiate USDf minting using existing deposit assets in their Falcon Account as collateral. Users can mint USDf with a range of stablecoins and non-stablecoin assets. Minting USDf will require manual review and approval from Falcon, and while the service-level agreement (SLA) lasts for a 24-hour period, this process is expected to be processed within minutes. Refer to the [Supported Assets](/supported-assets) section for further details on eligible deposit assets. ### **Staking** After verification of a successful mint, users are encouraged to participate in staking and other yield features within the Falcon App with their USDf. Refer to the [Classic Yield](/resources/quick-app-guide/navigating-the-earn-tab/classic-yield) section under the [Earn](/resources/quick-app-guide/navigating-the-earn-tab) tab for further details. {% content-ref url="/pages/ZrMdbSJAPaZ2xD3wKFP9" %} [Classic Yield](/resources/quick-app-guide/navigating-the-earn-tab/classic-yield) {% endcontent-ref %} # Minting with Stablecoins Learn how to mint USDf tokens with stablecoins in Falcon Finance. Follow steps to mint, stake, restake & track positions in your account. ### User Flow for Minting USDf with Stablecoins **Step 1: Navigate to the Mint Section**\ First, users locate the Swap tab on the Falcon App, and select "**Mint**" from its dropdown menu.
**Step 2: Select Collateral Asset and Indicate Amount**\ Users select a stablecoin from existing deposits in their Falcon Account, and indicate the desired amount to use as collateral for minting USDf.
**Step 3a: Mint USDf**\ Once the collateral asset and amount are selected, users can initiate the minting of USDf to their connected Web3 wallet by clicking the Mint button. This will trigger a transaction. **Step 3b: Mint and Stake USDf**\ Furthermore, users can opt into an Express Mint. By selecting the Receive sUSDf option, users' newly minted USDf is automatically staked, skipping the intermediate step of manually staking it. These users will directly receive sUSDf instead of USDf, and be entitled to any Basic Yield accrued.
**Step 3c: Mint, Stake, and Restake USDf**\ Users opting into an Express Mint can also select the Boost Yield option. This option works similar to the Receive sUSDf option in Step 3b, with the addition of restaking users' sUSDf into fixed-term vaults (e.g., 3 or 6 months). Users who select this option will receive varying yields based on the tenure chosen, on top of Basic Yield accrued on their sUSDf. They will also receive an ERC-721 NFT representing their locked up position instead of USDf or sUSDf.
**Step 4: Approve Transaction**\ Users will be required to confirm and authorize the transaction within their Web3 wallet. \ \&#xNAN;*Minting USDf will require manual review and approval from Falcon, and while the service-level agreement (SLA) lasts for a 24-hour period, this process is expected to be processed within minutes.*
**Step 5: Confirm Minting via Falcon Account Overview**\ After minting is finalized and the transaction is confirmed, users should confirm that their newly minted assets are viewable under the Profile function located in the dropdown menu of the Account tab. This will differ based on the variation of Step 3 followed by users: * Step 3a: Observe an increase in their USDf balance corresponding to the total value of their recent mint. * Step 3b: Observe an increase in their sUSDf balance corresponding to the total value of their recent mint. * Step 3c: Observe a new position under Boosted Yield Positions, displaying their Yield %, Principal, Value, Maturity, and Yield Accrued.\ \&#xNAN;*Additionally, users may click on the shortcut under NFT to view their ERC-721 NFT on the respective block explorers.*
# Minting with Non-Stablecoin Assets Step-by-step process for minting USDf tokens with non-stablecoin assets in Falcon Finance, including overcollateralization buffer & yield options. ### User Flow for Minting USDf with non-Stablecoins **Step 1: Navigate to the Mint Section**\ First, users locate the Swap tab on the Falcon App, and select "**Mint**" from its dropdown menu.
**Step 2: Select Collateral Asset and Indicate Amount**\ Users select a non-stablecoin asset from existing deposits in their Falcon Account, and indicate the desired amount to use as collateral for minting USDf. Non-stablecoin assets are subject to an overcollateralization ratio, and will require the setting aside of an overcollateralization buffer. This will also be claimable.\ \&#xNAN;*An asset's overcollateralization ratio based on its risk profile and market volatility. This ensures that the USDf minted is backed by collateral of equal or greater value. Users minting USDf with non-stablecoin assets are encouraged to review this and take note of the quoted overcollateralization buffer prior to proceeding.*
**Step 3a: Mint USDf**\ Once the collateral asset and amount are selected, users can initiate the minting of USDf to their Web3 wallet by clicking the Mint button. This will trigger a transaction. **Step 3b: Mint and Stake USDf**\ Furthermore, users can opt into an Express Mint. By selecting the Receive sUSDf option, users' newly minted USDf is automatically staked, skipping the intermediate step of manually staking it. These users will directly receive sUSDf instead of USDf, and be entitled to any Basic Yield accrued.
**Step 3c: Mint, Stake, and Restake USDf**\ Users opting into an Express Mint can also select the Boost Yield option. This option works similar to the Receive sUSDf option in Step 3b, with the addition of restaking users' sUSDf into fixed-term vaults (e.g., 3 or 6 months). Users who select this option will receive varying yields based on the tenure chosen, on top of Basic Yield accrued on their sUSDf. They will also receive an ERC-721 NFT representing their locked up position instead of USDf or sUSDf.
**Step 4: Approve Transaction**\ Users will be required to confirm and authorize the transaction within their Web3 wallet.\ \&#xNAN;*Minting USDf will require manual review and approval from Falcon, and while the service-level agreement (SLA) lasts for a 24-hour period, this process is expected to be processed within minutes*.
**Step 5: Confirm Minting via Falcon Account Overview**\ After minting is finalized and the transaction is confirmed, users should confirm that their newly minted assets are viewable under the Profile function located in the dropdown menu of the Account tab. This will differ based on the variation of Step 3 followed by users: * Step 3a: Observe an increase in their USDf balance corresponding to the total value of their recent mint. * Step 3b: Observe an increase in their sUSDf balance corresponding to the total value of their recent mint. * Step 3c: Observe a new position under Boosted Yield Positions, displaying their Yield %, Principal, Value, Maturity, and Yield Accrued.\ \&#xNAN;*Additionally, users may click on the shortcut under NFT to view their ERC-721 NFT on the respective block explorers.*
All users who have minted USDf with non-stablecoin assets should also observe a Locked Position under the Profile page as shown above. \ The values indicated for each locked position are calculated based on the formulas below: $$ \text{Amount} = \frac{\text{USDf Minted}}{\text{Initial Mark Price}} + \text{OCR Buffer Amount} $$ $$ \text{OCR} (%) = \left\[1 - \left(\frac{\text{USDf Minted}}{\text{Amount}} \times \text{Initial Mark Price}\right)\right] \times 100% $$ # Locked Positions Locked Positions are a representation of users' non-stablecoin assets that have been locked as collateral to mint USDf. These will be displayed under the Locked Positions section within users' Falcon Account Overview. ### Example
In the image provided above, a user has a Locked Position with the following details: * Asset: ETH * Amount: 500 ETH * Initial Mark Price: $1,580.39 per ETH * Overcollateralization Ratio (OCR): 5% * Overcollateralization Ratio (OCR) Buffer Amount: 25 ETH * USDf Minted: 750,685.9691 USDf The terms above and their respective values are defined and calculated as such: **Overcollateralization Ratio (OCR)**\ An Overcollateralization Ratio (OCR) is set to indicate a user's total value of locked collateral relative to the amount of minted USDf. $$ \text{OCR} = \frac{\text{Initial Mark Price of Collateral} \times \text{Collateral Amount}}{\text{USDf Minted}} $$ Using the example scenario, the user's USDf minted amount is calculated as: $$ \text{USDf Minted} = 500 \times 1580.39 \times 0.05 = 750,685.9691 $$ **Overcollateralization Ratio (OCR) Buffer Amount** OCR Buffer Amount is the portion of collateral retained by Falcon beyond the value of minted USDf. The buffer serves as a risk mitigation mechanism to safeguard the protocol against market fluctuations. The amount of collateral asset held as an OCR buffer should be equivalent to OCR \* total amount of total collateral locked **USDf Minted** The USDf Minted value represents the total amount of USDf minted to the users' connected wallet by locking non-stablecoin collateral (e.g. ETH). This figure reflects the borrowing capacity granted to you based on the protocol’s Overcollateralization Ratio (OCR) rules. To fully unwind your position and reclaim your locked collateral, you are required to repay the exact amount of USDf minted, in this case - 750,685.9691 USDf. Once the USDf has been successfully repaid, the corresponding collateral (e.g. 500 ETH) will be unlocked and returned to your Falcon Account. # Redeem Overview of the Redeem function in Falcon Finance: where to find it, how to initiate a transaction & make a withdrawal. ***Disclaimer: The minimum amount required to initiate a redemption is USD$10,000 worth of USDf. Users should contact for more information or assistance with the process.*** ### **Overview** The Redeem function within the Swap tab allows users to initiate USDf redemptions using existing USDf balances within their Falcon Account. Users can redeem their USDf in various stablecoins. ### User Flow for Redeeming USDf **Step 1: Navigate to the Redeem Section**\ First, users locate the Swap tab on the Falcon app, and select "**Redeem**" from its dropdown menu.
**Step 2a: Verify USDf in Falcon Account**\ For users to begin the redemption process, there should be USDf in their Falcon Account.
**Step 2b: Deposit USDf into Falcon Account**\ Users without any USDf will first be required to deposit their intended redemption amount into their Falcon Account. This can be done via an exchange or their connected Web3 wallet, in a similar manner to asset deposits.\ Users depositing from their Web3 wallet will be required to confirm and authorize the transaction within their Web3 wallet.
**Step 3: Indicate Redemption Amount and Asset**\ Users indicate their desired USDf redemption amount, and select the asset they wish to receive from a range of supported assets. By clicking the Redeem button, users will initiate the redemption, and trigger the redemption transaction. \ \&#xNAN;***All USDf redemptions are subject to a 7-day cooldown period.***
**Step 4: Approve Transaction**\ Users will be required to confirm and authorize the transaction within their Web3 wallet. **Step 5: Confirm Redemption via Falcon Account Overview**\ After the redemption is finalized and the transaction is confirmed, users' redemption assets will automatically be deposited into their Falcon Account after the 7-day cooldown period. Users should confirm this under the Profile function located in the dropdown menu of the Account tab.
### Withdrawal After verification of a successful redemption, users can withdraw their assets from their Falcon Account to their Web3 wallets. Refer to the [Withdraw](#withdrawal) section under the [Transfer](/resources/quick-app-guide/navigating-the-transfer-tab) tab for further details. {% content-ref url="/pages/Zepo7GnKm5FetbSuoAhS" %} [Withdraw Assets](/resources/quick-app-guide/navigating-the-transfer-tab/withdraw-assets) {% endcontent-ref %} # Claim A step-by-step guide into the Claim feature in Falcon Finance: locked positions, selecting claim assets & confirming claim operations. ### **Overview** The Claim sub-function under the Locked Positions section of the Falcon Account Overview allows users who have minted USDf with non-stablecoin assets to claim their locked positions. Users can claim their locked positions in the form of their initial deposit asset, USDT, or a combination of both.\ \&#xNAN;*This feature will be moved under the Swap tab in the future.* ### User Flow for Claiming Locked Positions **Step 1: Navigate to the Claim Section**\ First, users locate the Account tab on the Falcon App, and select Profile from its dropdown menu. Then locate the Claim button under Falcon Account and Locked Positions.
**Step 2: Select Locked Position to Claim**\ Users select the locked position that they intend to claim and click Claim. **Step 3: Check for Sufficient USDf Balance**\ To claim their locked positions, users will require a USDf balance in their Falcon Account equivalent or greater than the amount of USDf initially minted with the locked position.\ Users who do not meet the indicated USDf balance will be required to either mint or deposit the USDf difference into their Falcon Account to claim their locked position.
**Step 4: Select Claim Asset**\ Once the required USDf value is met, users can indicate their preferred claim asset in which they wish to receive their locked position. Users are able to choose between three options: * Initial collateral asset: * Users receive the equivalent of their locked position's value (USDf minted + overcolleralization buffer) completely in their initial collateral asset. * USDT: * Users receive the equivalent of their locked position's value completely in USDT. * Initial collateral asset + USDT: * Users receive the equivalent of their locked position's value in a combination of their initial collateral asset and USDT. * The amount of collateral asset that can be claimed will be equal to or less than the initial overcollateralization buffer. The amount of overcollateralization buffer a user can claim is determined by the prevailing market price at the time of claiming. * If the market price exceeds the initial deposit price: The redeemable value of the buffer will be capped at the original USD value of the deposit. * If the market price falls below the deposit price: Users may reclaim the full unit quantity of the buffer, calculated at the lower market price. * The amount of USDT claimed will be equivalent to the initial amount of USDf minted by the user. Once selected, users can initiate the claim of their locked positions to their Falcon Account by clicking the Confirm Claim button, which triggers the claim transaction.

Chosen option: Non-stable coin

*Note: The amounts and valuations shown in the image above are indicative. Final amount received may vary based on market conditions and the time of redemption as price changes.* **Step 5: Approve Transaction**\ Users will be required to confirm and authorize the transaction within their Web3 wallet. **Step 6: Confirm Claim via Falcon Account Overview**\ After the claim is finalized and the transaction is confirmed, users' claimed assets will automatically be deposited into their Falcon Account after the 7-day cooldown period. Users should confirm this under the Profile function located in the dropdown menu of the Account tab.
### Withdrawal After verification of a successful redemption, users can withdraw their assets to their Web3 wallets. Refer to the [Withdraw](#withdrawal) section under the [Transfer](/resources/quick-app-guide/navigating-the-transfer-tab) tab for further details. {% content-ref url="/pages/Zepo7GnKm5FetbSuoAhS" %} [Withdraw Assets](/resources/quick-app-guide/navigating-the-transfer-tab/withdraw-assets) {% endcontent-ref %} # Navigating the Earn Tab Overview of the Earn tab in Falcon Finance: how it enables users to stake USDf for Classic Yield or restake into fixed-term Boosted Yield vaults. The Earn tab aims to facilitate USDf staking and unstaking. Users can choose utilize Falcon's vaults to stake their USDf and mint yield-bearing sUSDf, and then enhance these yields by restaking sUSDf into fixed-term vaults, which will return an ERC-721 NFT. This section outlines the operational steps for both the Classic Yield, and Boosted Yield functions: 1. [Classic Yield](/resources/quick-app-guide/navigating-the-earn-tab/classic-yield) 1. [Staking USDf for Classic Yield](/resources/quick-app-guide/navigating-the-earn-tab/classic-yield/staking-usdf-for-classic-yield) 2. [Unstaking sUSDf from Classic Yield](/resources/quick-app-guide/navigating-the-earn-tab/classic-yield/unstaking-susdf-from-classic-yield) 2. [Boosted Yield](/resources/quick-app-guide/navigating-the-earn-tab/boosted-yield) 1. [Restaking for Boosted Yield](/resources/quick-app-guide/navigating-the-earn-tab/boosted-yield/restaking-for-boosted-yield) 1. [Restaking with USDf](/resources/quick-app-guide/navigating-the-earn-tab/boosted-yield/restaking-for-boosted-yield/restaking-with-usdf) 2. [Restaking with sUSDf](/resources/quick-app-guide/navigating-the-earn-tab/boosted-yield/restaking-for-boosted-yield/restaking-with-susdf) 2. [Unstaking from Boosted Yield](/resources/quick-app-guide/navigating-the-earn-tab/boosted-yield/unstaking-from-boosted-yield) # Classic Yield Overview of the Classic Yield feature in Falcon Finance: step-by-step guide for staking USDf & unstaking sUSDf. ### Overview The Classic Yield function within the Earn tab allows users to stake their minted USDf in exchange for yield-bearing sUSDf, and also unstake their sUSDf. Users can stake USDf without any lock-up period, allowing them to flexibly unstake sUSDf back into USDf at the prevailing sUSDf-to-USDf Value at the time of unstaking.\ Refer to the [Mint](/resources/quick-app-guide/navigating-the-swap-tab/classic-mint) section under the [Swap](/resources/quick-app-guide/navigating-the-swap-tab) tab for further details on acquiring USDf. # Staking USDf for Classic Yield Overview of the Classic Yield page in Falcon Finance: staking USDf synthetic dollars, receiving sUSDf tokens & optional restaking. ### User Flow for Staking USDf for Classic Yield **Step 1: Navigate to the Classic Yield Section**\ First, users locate the Earn tab on the Falcon App and select Classic Yield from its dropdown menu.
**Step 2: Indicate USDf Amount**\ Users indicate the desired amount of USDf they wish to stake, ensuring that they have a sufficient balance in their connected Web3 wallet. Users should also take note of the prevailing exchange rate of USDf to sUSDf indicated.
**Step 3: Stake USDf**\ Once the amount of USDf is indicated, and users have confirmed the corresponding amount of sUSDf to be received, they can initiate the staking of USDf by clicking the Stake button. This will trigger a transaction. **Step 4: Approve Transaction**\ Users will be required to confirm and authorize the transaction within their Web3 wallet.
**Step 5: Receive Transaction Confirmation**\ Users will receive a "Transaction Complete" notification upon successful staking.
**Step 6: Confirm Staking via Falcon Account Overview**\ After staking is finalized and the transaction is confirmed, users should confirm that their newly minted assets are viewable under the Profile function located in the dropdown menu of the Account tab. \ Users should observe an increase in their Staked USDf balance corresponding to the total value of the recent staking, and a similar representation under their sUSDf balance. Over time, the value of these assets should increase, as yield is accrued.
### **Restake** After verification of successful staking, users are encouraged to participate in Falcon's yield enhancing features with their sUSDf. Refer to the [Boosted Yield](/resources/quick-app-guide/navigating-the-earn-tab/boosted-yield) section under the [Earn](/resources/quick-app-guide/navigating-the-earn-tab) tab for further details. {% content-ref url="/pages/L2ImaTQFP94zJfKRyxyn" %} [Boosted Yield](/resources/quick-app-guide/navigating-the-earn-tab/boosted-yield) {% endcontent-ref %} # Unstaking sUSDf from Classic Yield Overview of the unstaking process in Falcon Finance: unstaking sUSDf from Classic Yield, their conversion into USDf & optional redemption/claim. ### User Flow for Unstaking sUSDf from Classic Yield **Step 1a: Navigate to the Classic Yield Section**\ First, users locate the Earn tab on the Falcon App and select Classic Yield from its dropdown menu.
**Step 1b: Navigate to Falcon Account Overview**\ Alternatively, users may directly access their staked USDf through the Falcon Account Overview. Clicking Unstake under the sUSDf section will also redirect them to the staking interface.
**Step 2: Indicate sUSDf Amount**\ Users indicate the desired amount of sUSDf they wish to unstake, ensuring that they have a sufficient balance in their connected Web3 wallet. Users should also take note of the prevailing exchange rate of USDf to sUSDf indicated.
**Step 3: Unstake sUSDf**\ Once the amount of sUSDf is indicated, and users have confirmed the corresponding amount of USDf to be received, they can initiate the unstaking of sUSDf by clicking the Unstake button. This will trigger a transaction. **Step 4: Approve Transaction**\ Users will be required to confirm and authorize the transaction within their Web3 wallet.
**Step 5: Confirm Unstaking via Falcon Account Overview**\ After unstaking is finalized and the transaction is confirmed, users should confirm that their newly unstaked assets are viewable under the Profile function located in the dropdown menu of the Account tab. \ Users should observe an increase in their USDf balance corresponding to the total value of the recent unstaking, and an equivalent decrease under their sUSDf balance.
### Redemption/Claim After verification of successful unstaking, users can choose to redeem or claim their USDf for their initial collateral assets. Refer to the [Redeem](/resources/quick-app-guide/navigating-the-swap-tab/redeem) and [Claim](/resources/quick-app-guide/navigating-the-swap-tab/claim) sections under the [Swap](/resources/quick-app-guide/navigating-the-swap-tab) tab for further details. {% content-ref url="/pages/zpj9cBgyvwuwvOxEMJ22" %} [Redeem](/resources/quick-app-guide/navigating-the-swap-tab/redeem) {% endcontent-ref %} {% content-ref url="/pages/1qp6SGaDd7d4crG6vzqH" %} [Claim](/resources/quick-app-guide/navigating-the-swap-tab/claim) {% endcontent-ref %} # Boosted Yield A step-by-step guide for restaking and unstaking fixed-term Boosted Yield positions (owned as ERC-721 NFTs). ### **Overview** The Boosted Yield function within the Earn tab allows users to restake their sUSDf into fixed-term vaults to enhance yield performance. By locking their sUSDf for a pre-defined period (e.g., 3 or 6 months), users are issued with a time-locked ERC-721 NFT, which represents their boosted staking position and accrues additional yield over time. Users can also utilize the **Express Mint** feature to directly mint into a Boosted Yield position from deposited collateral, skipping the intermediate step of staking to sUSDf.\ Refer to the [Classic Yield](/resources/quick-app-guide/navigating-the-earn-tab/classic-yield) under the [Earn](/resources/quick-app-guide/navigating-the-earn-tab) tab for further context on acquiring sUSDf. # Restaking for Boosted Yield A quick guide into the Boosted Yield page in Falcon Finance: how to restake USDf or sUSDf into fixed-term vaults, earning boosted yields. ### **Overview** Users can restake either USDf or sUSDf into fixed-term vaults to unlock boosted yield opportunities. Upon restaking, their position is represented by an ERC-721 NFT, which encodes the restaked amount, tenure duration, and maturity date. This NFT is transferable and provides flexibility for managing or exiting yield positions. # Restaking with USDf Falcon Finance allows users to restake USDf for fixed terms, earning boosted yields represented by ERC-721 NFTs that record & verify locked positions. ### User Flow for Restaking USDf for Boosted Yield **Step 1: Navigate to the Boosted Yield Section**\ First, users locate the Earn tab on the Falcon App and select Boosted Yield from its dropdown menu.
**Step 2: Indicate USDf Amount**\ Users indicate the desired amount of USDf they wish to restake, ensuring that they have a sufficient balance in their connected Web3 wallet.
**Step 3: Select Tenure**\ Users then select from a range of available fixed-term tenures (e.g., 3, 6, or 12 months), each with their corresponding yield APYs. The longer the selected tenure, the higher the boosted yield.
**Step 4: Restake USDf**\ Once the amount of USDf is indicated and a tenure has been selected, users can initiate the restaking by clicking the Stake button. This will trigger a transaction to first stake the users' USDf, then immediately restake it. **Step 5: Approve Transaction**\ Users will be required to confirm and authorize the transaction within their Web3 wallet.
**Step 6: Confirm Restaking via Falcon Account Overview**\ After restaking is finalized and the transaction is confirmed, users should confirm that their newly restaked assets are viewable under the Profile function located in the dropdown menu of the Account tab. \ Users should observe an increase in their staked USDf balance corresponding to the total value of their initial indicated amount, a similar increase in staked sUSDf amount, and a new ERC-721 NFT under the Boosted Yield Positions section.
**Step 7: Verify NFT Position**\ Upon successful restaking, users would have automatically minted a unique ERC-721 NFT that represents their fixed-term yield position. The NFT encodes key data such as the principal amount (in sUSDf), the selected restaking duration, and the expected maturity date.\ The NFT serves as proof of users' restaked positions and can be tracked under the Boosted Yield Positions section of the dashboard. It is transferable, enabling future utility across supported platforms or secondary markets. \ \&#xNAN;*Users can also click the shortcut under "NFT" to view their NFT directly on its respective block explorer.*
# Restaking with sUSDf Step-by-step guide for restaking sUSDf into fixed-term vaults in Falcon to earn boosted yield, with a unique NFT representing position and tenure. ### User Flow for Restaking sUSDf for Boosted Yield **Step 1a: Navigate to the Boosted Yield Section**\ First, users locate the Earn tab on the Falcon App and select Boosted Yield from its dropdown menu.
**Step 1b: Navigate to Falcon Account Overview**\ Alternatively, users may directly access their sUSDf through the Falcon Account Overview. Clicking Boost yields under the sUSDf section will also redirect them to the restaking interface.
**Step 2: Indicate sUSDf Amount**\ Users indicate the desired amount of sUSDf they wish to restake, ensuring that they have a sufficient balance in their connected Web3 wallet.
**Step 3: Select Tenure**\ Users then select from a range of available fixed-term tenures (e.g., 3, 6, or 12 months), each with their corresponding yield APYs. The longer the selected tenure, the higher the boosted yield.
**Step 4: Restake sUSDf**\ Once the amount of sUSDf is indicated and a tenure has been selected, users can initiate the restaking by clicking the Stake button. This will trigger a transaction. **Step 5: Approve Transaction**\ Users will be required to confirm and authorize the transaction within their Web3 wallet.
**Step 6: Confirm Restaking via Falcon Account Overview**\ After restaking is finalized and the transaction is confirmed, users should confirm that their newly restaked assets are viewable under the Profile function located in the dropdown menu of the Account tab. \ Users should observe a decrease in their sUSDf balance, an equivalent increase in staked sUSDf amount, and a new ERC-721 NFT under the Boosted Yield Positions section.
**Step 7: Verify NFT Position**\ Upon successful restaking, users would have automatically minted a unique ERC-721 NFT that represents their fixed-term yield position. The NFT encodes key data such as the principal amount (in sUSDf), the selected restaking duration, and the expected maturity date.\ The NFT serves as proof of users' restaked positions and can be tracked under the Boosted Yield Positions section of the dashboard. It is transferable, enabling future utility across supported platforms or secondary markets. \ \&#xNAN;*Users can also click the shortcut under NFT to view their ERC-721 directly on its respective block explorer.*
# Unstaking from Boosted Yield Unstaking process for Boosted Yield in Falcon Finance: where to claim matured positions & receive sUSDf that includes both principal & accrued yield. ### **Overview** The Claim sub-function under the Boosted Yield Positions section of the Falcon Account Overview allows users who have restaked their USDf, or sUSDf for an ERC-721 NFT to claim their locked positions. Users will claim their locked positions in the form of sUSDT. ### **User Flow for Unstaking from Boosted Yield** **Step 1: Navigate to the Claim Section**\ First, users locate the Account tab on the Falcon App, and select Profile from its dropdown menu. Then locate the Claim button under the Connected Wallet and Boosted Yield Positions sections.
**Step 2: Select Boosted Yield Position to Claim**\ Users will be able to view all their boosted yield positions under this section. However, only positions that have reached maturity (completed the selected tenure) will be eligible for claiming. Users should also take note of each position's principal, and yield accrued.\ Users select the locked position that they intend to claim and click Claim. This will trigger a transaction. **Step 3: Approve Transaction**\ Users will be required to confirm and authorize the transaction within their Web3 wallet. **Step 4: Confirm Restaking via Falcon Account Overview**\ After restaking is finalized and the transaction is confirmed, users should confirm that their newly claimed assets are viewable under the Profile function located in the dropdown menu of the Account tab. \ Alongside the claimed boosted yield position no longer being displayed under the Boosted Yield Positions section, users should observe a decrease in their staked sUSDf balance, and an equivalent increase in sUSDf balance.\ \&#xNAN;*This change in sUSDf balance should be equivalent to the sum of the boosted yield position's principal and yield accrued as mentioned in Step 2.*
### Unstake After verification of successful unstaking from Boosted Yield, users can unstake their sUSDf from Classic Yield. Refer to the [Unstaking sUSDf from Classic Yield](/resources/quick-app-guide/navigating-the-earn-tab/classic-yield/unstaking-susdf-from-classic-yield) section under the [Earn](/resources/quick-app-guide/navigating-the-earn-tab) tab for further details. {% content-ref url="/pages/mWE3S62FTyGzoaO3b4Nz" %} [Unstaking sUSDf from Classic Yield](/resources/quick-app-guide/navigating-the-earn-tab/classic-yield/unstaking-susdf-from-classic-yield) {% endcontent-ref %} # Frequently Asked Questions (FAQ) Read answers to popular questions about Falcon Finance: minting & redeeming USDf tokens, yield accrual, risk management, compliance & more. ### KYC/ KYB Verification
What is KYC and KYB verification? KYC (Know Your Customer) and KYB (Know Your Business) are regulatory processes intended to verify the identity of individual users and businesses, respectively. These processes enable Falcon Finance to adhere to Anti-Money Laundering (AML) regulations and maintain secure and compliant transaction practices.
How can I initiate the KYC/KYB verification process on Falcon app? You may initiate this verification process by starting a [deposit](https://app.falcon.finance/transfer/deposit), [withdrawal](https://app.falcon.finance/transfer/withdraw), [mint](https://app.falcon.finance/swap/mint) or [redeem](https://app.falcon.finance/swap/redeem) action, at which a prompt will appear to guide you through the KYC/KYB verification steps.

KYC/KYB verifcation prompt on Falcon app.

What documents are acceptable for Proof of Address (PoA)? The following documents are accepted as Proof of Address: * Bank statements * Telecom bills * Utility bills * Tax bills * Voter registration documents * Lease agreements * Official government-issued letters Documents submitted must: * Clearly state your full legal name * Display your residential address * Be issued within the last three months
How long does the KYC/KYB Verification review process take? The verification review process typically ranges from just a few minutes to 5 business days. Please note that verification times may increase during periods of high market demand or increased verification volumes.
What should I do if my KYC/KYB verification application is rejected? If your KYC or KYB verification application has been rejected, you may be required to resubmit certain documents or provide additional information. Please review the feedback provided carefully and resubmit as guided. However, if the submission does not meet our regulatory requirements, the rejection decision will be final. If you have any questions or require assistance, please feel free to contact us at .
### Minting/ Redeeming USDf
How can I mint USDf? 1. Start by completing KYC verification to ensure compliance and security. 2. Once approved, connect your wallet to the Falcon app. 3. Deposit a variety of assets from stablecoins and non-stablecoins, such as USDC, USDT, FDUSD, BTC, ETH and many more. 4. Falcon will then verify the collateral, confirm receipt, and release USDf to your wallet.
How do I redeem USDf to other tokens? 1. Users who have completed KYC verification can redeem USDf for other supported stablecoins and non-stablecoins. 2. A 7-day cooldown period applies before tokens are credited to your Falcon assets. 3. To reclaim your tokens from Falcon assets to your wallet address, initiate a withdrawal to transfer them to your wallet address.
Who bears the cost of minting/redeeming? Users bear the cost of minting and redeeming USDf. Gas fees and execution costs are passed directly to users. Falcon Finance does not charge protocol-specific fees for these transactions.
Do I have to KYC in order to deposit/ withdraw and mint/redeem USDf? Yes, all users who wish to mint and redeem USDf through Falcon Finance must be KYC verified. In the future, users will be able to acquire USDf via other decentralized protocols and centralized exchanges.
Is Falcon only supported on Ethereum? For Beta version, USDf is deployed on Ethereum as a start, we will soon be supporting other chains.
Can I deposit other collaterals to mint USDf other than the ones listed? Yes, if you wish to deposit bluechip or altcoins not currently listed on the Falcon app, please contact us at , and our team will assist you accordingly.
When I deposit my collateral to mint USDf, where does it go? Your deposited collateral is securely stored through Falcon’s comprehensive custody framework. This includes off-exchange solutions with qualified custodians, Multi-Party Computation (MPC) and multi-signature schemes, and hardware-managed keys. These measures ensure your assets remain secure and accessible.
### Yield Accrual
What is sUSDf? sUSDf is a yield-bearing token minted by staking USDf on Falcon Finance. It is designed to accrue value over time through Falcon's diversified, institutional-grade yield generation strategies.
How do I stake USDf to mint sUSDf? 1. Deposit USDf into the Earn module on Falcon. This locks your USDf and initiates the minting process for sUSDf. 2. sUSDf is minted based on the current sUSDf-to-USDf value, which reflects the total supply of sUSDf relative to the total USDf staked and accumulated protocol yield in USDf. 3. As Falcon generates yield through multiple trading strategies, the sUSDf-to-USDf value increases. This means your staked USDf generates yield which indirectly causes the appreciation of sUSDf. 4. sUSDf can be held for passive yield accrual or restaked for fixed-term boosted yields.
How can I earn APY through Falcon? Stake USDf to Mint sUSDf: 1. Stake USDf on Falcon to mint sUSDf, a yield-bearing token. 2. Users earn a base yield, calculated based on a 7-day trailing APY derived from the protocol’s performance. 3. The value of sUSDf increases over time as yield accrues through Falcon’s yield generation strategies. Boost Your Yield with Restaking sUSDf: 4. Restake sUSDf into fixed tenures of 3 months, 6 months, or other durations to earn boosted yields. 5. When restaking, Falcon issues an ERC-721 NFT to your wallet, representing the locked sUSDf and lock-up duration. This NFT accrues additional yield over the lock-up period.
Can I withdraw my assets at any time? 1. Yes, fully KYC-verified and whitelisted users can redeem USDf on demand. 2. Redeemed assets are subject to a 7-day cooling period before the original collateral becomes available for withdrawal. 3. The cooling period ensures proper settlement and asset processing.
How does Falcon generate yield? Falcon Finance expands on traditional synthetic dollar designs by integrating diversified collateral, including stablecoins, blue-chip tokens, and select altcoins, allowing the protocol to capitalize on distinct yield opportunities offered by various asset classes. Its institutional-grade yield generation strategies go beyond delta-neutral basis spreads and funding rate arbitrage, employing advanced statistical arbitrage algorithms to ensure consistent, risk-adjusted returns. These strategies leverage exchange arbitrage opportunities, exploiting micro market structure inefficiencies and funding rate variations while maintaining a delta-neutral position. By combining this robust approach with overcollateralized assets, Falcon Finance delivers sustainable and scalable yields across varying market conditions​​.
### Risk Management
How does Falcon manage risks? 1. Falcon combines automated systems and manual oversight to actively monitor and manage trading positions in real time. Automated systems continuously evaluate positions against risk thresholds and manual oversight by Falcon’s seasoned trading desk ensures an additional layer of evaluation and adjustment. 2. During heightened market volatility, Falcon leverages the expertise of its seasoned trading desk and advanced infrastructure to strategically unwind risks. 3. Falcon continuously monitors market conditions, allowing for dynamic adaptation of strategies to mitigate risks and optimize yield generation during varying market scenarios. 4. In addition, Falcon ensures full operational transparency through detailed quarterly and annually Proof of Reserve (PoR) reports, consolidating on-chain and off-chain data, including collateral held by qualified custodians, balances on DEXs, CEXs, and protocol wallets. Independent third-party audits validate collateral adequacy, trading strategy compliance, and security protocols, including multi-signature schemes and MPC solutions. Users can access a real-time transparency dashboard displaying metrics such as Total Value Locked (TVL), the volume of sUSDf issued and staked, and the amount of USDf issued and staked. 5. Falcon commissions ISAE 3000 assurance reports to assess security, availability, transaction integrity, and privacy, reinforcing its commitment to trust and accountability.
How does USDf aim to maintain its peg? USDf is an overcollateralized synthetic dollar created when users deposit eligible assets into Falcon Finance. For stablecoin deposits, USDf is minted at a 1:1 USD value ratio, ensuring straightforward stability. For non-stablecoin deposits such as BTC, ETH, or SOL, an overcollateralization ratio (OCR) is applied to account for potential market volatility and maintain full collateral backing. The OCR acts as a buffer, safeguarding the protocol against market fluctuations while enabling Falcon to leverage a diverse set of yield-generating strategies. This dual benefit ensures USDf remains secure, robust, and optimized for user returns.
### Operational Jurisdictions and Compliance
Who may use Falcon’s mint / redeem services? To use the Services, you must be 18 years of age or older and must not be a "Prohibited Person." A "Prohibited Person" is any individual, entity, or organization that is listed on any U.S. Government sanctions or restricted parties lists, including the U.S. Treasury Department's list of Specially Designated Nationals (SDN) or the U.S. Department of Commerce Denied Persons List or Entity List. It also includes individuals or entities listed on the European Union's consolidated list of persons, groups, and entities subject to financial sanctions, the United Kingdom's Consolidated List of Financial Sanctions Targets, or Switzerland's respective sanctions lists. Additionally, a "Prohibited Person" is any individual or entity located, incorporated, or organized in a country subject to U.S. embargoes or designated by the U.S. Government as "terrorist-supporting." The term also applies to any individual or entity that is otherwise restricted under the laws of the United States, the European Union (or any of its Member States), the United Kingdom, Switzerland, or any other applicable jurisdiction. Furthermore, any person or entity owned or controlled by individuals or organizations listed as "Prohibited Persons" also qualifies as a "Prohibited Person." The Company may use tools such as IP-based geofencing or other technologies to enforce these restrictions. By accessing or using the Services, you confirm and represent that you are not a "Prohibited Person."
What are the restricted jurisdictions for Falcon’s mint / redeem services? We are not able to provide service for clients in Afghanistan, Algeria, Angola, Bolivia, Burkina Faso, Cameroon, Central African Republic, China, Côte d’Ivoire, Crimea and Sevastopol, Donetsk People’s Republic (DNR) and Luhansk People’s Republic (LNR), Cuba, Democratic People’s Republic of Korea, Democratic Republic of the Congo, Eritrea, Haiti, Islamic Republic of Iran, Iraq, Libya, Lebanon, Mali, Myanmar/Burma, Mozambique, Namibia, Republic of Belarus, Russian Federation, Singapore, Somalia, South Sudan, Sudan, Syria,Tanzania, Venezuela, United States of America, Yemen, Zaporizhzhia and Kherson oblasti of Ukraine and any jurisdiction in which the entry into these Terms is prohibited by Applicable Laws, and any jurisdiction which is subject to United States, United Nations or other applicable sanctions or embargoes. Falcon reserves the right to add any additional jurisdictions at any time and without prior notice.
Is Falcon offered in the U.S? No, users in the US are not permitted to mint or redeem USDf directly from Falcon. US based users will still be able to participate in staking USDf to mint sUSDf and earn competitive yields.
Is holding USDf onchain permissionless? Yes, USDf is a globally accessible, permissionless synthetic dollar.
What components of the protocol are subject to KYC/AML screening? Minting and redeeming of USDf, along with depositing and withdrawing assets will be subjected to KYC/ AML verification. Staking of USDf to mint sUSDf do not require KYC/AML verification.
How does Falcon's insurance fund work? Falcon's insurance fund is an on-chain, verifiable reserve designed to protect users and enhance system stability. A portion of the protocol’s monthly profits is allocated to this fund, which grows alongside Falcon’s adoption and TVL. During times of market stress, the fund acts as a "bidder of last resort," purchasing USDf in open markets to maintain stability and mitigate risks. In addition, the fund covers rare instances of negative or zero yields, ensuring continuous support for users. Managed through a multi-signature setup involving Falcon’s internal team and external contributors, the fund is transparent, secure, and integral to the protocol’s resilience.
## Perryverse NFT
What is a Perry Egg? A Perry Egg is the initial NFT you receive when minting from the Perryverse collection. It must be hatched (burned) to reveal your Perry NFT with its unique traits.
Do I have to hatch my egg? Hatching is optional but required to earn trait-based Miles multipliers. Unhatched eggs do not qualify for the rotating multiplier system.
Can I trade my Perry after hatching? Yes. Perry NFTs are fully tradeable on OpenSea . When you sell your Perry, the new owner receives all associated multiplier benefits.
How often do multipliers rotate? Boosted traits rotate every **3 weeks**. New boosted traits are announced at the start of each rotation cycle.
What happens if my Perry doesn't have any boosted traits this rotation? Your Perry will still be eligible for future rotations. The 3-week cycle ensures different trait combinations are regularly featured.
Can I earn more than 20M Miles per day from Perryverse? No. The daily cap for trait-based Miles from Perryverse is 20M Miles per day. However, you can earn additional Miles from other activities (staking, DeFi, referrals) which have separate calculations.
How do I check which traits are currently boosted? Boosted traits are announced via official Falcon Finance channels (X, Discord) at the start of each 3-week rotation. The Falcon App also displays current boosted traits.
## sFF Token
What is the difference between FF and sFF? FF is Falcon Finance's governance token, enabling holders to vote on protocol proposals and participate in governance decisions. sFF is staked FF that earns yield, receives boosted Miles multipliers, and retains governance voting rights once live. Please refer to the [governance ](https://docs.falcon.finance/~/revisions/zoG40VQk1Wr5zQ5uwjmT/sff-token/governance)page for more information
Is there a minimum staking amount? There is no minimum amount required to stake FF. You can stake any amount of FF tokens.
Can I unstake at any time? Yes. sFF features instant unstaking with a 3 day cooldown period. You can convert sFF back to FF whenever you choose.
Do I need to claim my yield manually? Yield accrues automatically to your position based on the APY. Upon unstaking your sFF, all yield accrued will be credited to your account. Please refer to the [unstaking](https://docs.falcon.finance/~/revisions/33WJZvlco9J50AWrH5n9/sff-token/staking-mechanics) page for more information.
Will my Miles multiplier change if I add more FF? Yes. Adding more FF to your staked position will earn Miles at the current multiplier rate
## Falcon Miles season 2
When did Season 2 launch? Season 2 launched on **September 29, 2025**, alongside the FF Token Generation Event (TGE).
What happened to my Season 1 Miles? Season 1 Miles remain visible in your account. Season 2 introduces new earning opportunities to accumulate Falcon miles.
Can I get the 160x bonus again if I unstake and restake? The 160x bonus applies to the first 7 days after you stake FF for sFF. After which, the on-going multiplier will be 80x.
# Roadmap Falcon Finance’s 2025 and 2026 roadmap sets out the next phase of development across product and banking rails, collateral eligibility, USDf integrations and versions including multi chain support, regulatory and TradFi enablement. The objectives are to expand secure global access, introduce measured multi-asset collateralization with defined risk and treasury controls, extend USDf utility across DeFi and institutional platforms, and advance the legal and operational foundations required for real world asset connectivity. Sequencing reflects market readiness, partner onboarding, security reviews, and compliance requirements. The table below presents the planned initiatives and milestones for each track and will be updated as approvals and market conditions evolve.
# Audits Falcon Finance's audits overview: smart contracts have undergone rigorous audits by Zellic & Pashov. Read their reports & conclusions. This page provides transparent documentation of our security measures and offers direct access to all independent audit reports. ### Smart Contract Audits
TokenAudit FirmReportRemarks
USDf & sUSDfZellicView ReportNo vulnerabilities of critical or high severity were identified during the assessment.
USDf & sUSDfPashovView ReportNo vulnerabilities of critical or high severity were identified during the assessment.
FFZellicView Report No vulnerabilities of critical or high severity were identified during the assessment.
# Smart Contracts Track the official smart contract addresses for Falcon Finance tokens & Staking Rewards Distribution. Always verify these addresses when interacting with Falcon Finance products to protect yourself from potential scams or phishing attempts. ### Ethereum Mainnet
TokenContract Address
USDf0xFa2B947eEc368f42195f24F36d2aF29f7c24CeC2
sUSDf0xc8CF6D7991f15525488b2A83Df53468D682Ba4B0
Falcon Position NFT0x8407e9864F42374Cb9DACfDEDe0e6962d634edCB
sUSDf Staking Rewards Distributor 0x8AF2EFa47efB2095b80D82577c597186Ea2FFFea
USDf / USD Chainlink Oracle0xb177857a1799aA5F7fEb5799Fdf12CbE8fdF78B1
sUSDf/USDf Chainlink Oracle0xe471bc940AA9831a0AeA21E6F40C1A1236EB4BB3
FF0xFA1C09fC8B491B6A4d3Ff53A10CAd29381b3F949
sFF0x1a0c3ffcbd101c6f2f6650ded9964c4a568c4d72
sFF-Prime0x41FF52DC7b12B18a65558962849187a2CC6ee6C0
FF Staking Vault 0x1E7fFB2cc2B0D9672b3E615dD5669C06F8673CAe
Perryverse - Perry Egg NFT0xB0aE9Dd22a2E1211f813b081098581DD0Ff5B981
Perryverse - Perry NFT0x383b5123b55f5ef823080c0c9e9bb58ffefd2c5e
### BNB Smart Chain Mainnet
TokenContract Address
USDf0xb3b02e4a9fb2bd28cc2ff97b0ab3f6b3ec1ee9d2
FF0xAC23B90A79504865D52B49B327328411a23d4dB2
ESPORTS Staking Vault0x58895856A8996E1Db467F91850043e5b2A304356
VELVET Staking Vault 0x2704B216a42b8ED40AE9f4AB4072151a8Eb257A7
### XDC Network
TokenContract Address
USDf0x8210c0634AB8f273806e4b7866E9Db353773c44B
### Security Reminder * Falcon Finance will never ask you to send funds directly to these contract addresses. * Be cautious of similar-looking addresses that may be fraudulent. If you have any questions or concerns about contract authenticity, please contact our support team at before proceeding with any transactions. # Insurance Fund Read about Falcon Finance's Insurance Fund: a special financial buffer to safeguard the protocol against adverse market conditions. The Insurance Fund is an onchain, verifiable reserve maintained by Falcon Finance to provide an additional layer of protection for protocol users and to support orderly USDf markets during periods of exceptional stress. The fund is intended to grow alongside protocol adoption through periodic allocations. ### **Insurance Fund Address** [0x432CDcc4516B21302985b639Ef9a7853727A4e49](https://etherscan.io/address/0x432CDcc4516B21302985b639Ef9a7853727A4e49) The Insurance Fund exists to safeguard the protocol during adverse conditions and to promote orderly markets for USDf. Its primary role is to absorb and smooth rare periods of negative yield performance by providing a financial buffer. When market liquidity for USDf becomes dislocated, the fund may operate as a market backstop by purchasing USDf in open markets in measured size and at transparent prices, with the objective of restoring orderly trading and minimizing risk. During episodes of exceptional, system-wide stress, Falcon Finance may supplement the fund and deploy capital to preserve protocol stability and continuity of operations. # Terms of Use Official Terms of Use of Falcon Finance, the universal collateralization protocol. **TERMS AND CONDITIONS** Last Updated: 28 August 2025 These USDf and sUSDf Terms and Conditions (these "**Terms**") constitute a legally binding agreement between you and Falcon Digital Limited ("**Falcon Finance**", "we", "our" or "us"). These Terms govern your use of the Account in respect of the Services. By registering for an Account, accessing the Platform, using the Services and/or holding the Falcon Assets, you agree that you have read, understood and accepted these Terms, together with any additional documents or terms referred to in these Terms, which includes the Risk Disclosure Statement and the Privacy Policy. You acknowledge and agree that you will be bound by and will comply with these Terms, as updated and amended from time to time. If you do not understand and accept these Terms in their entirety, you should not register for an Account or access or use the Platform or any Service. We reserve the right, at our sole and absolute discretion, to amend, supplement or replace any part of these Terms at any time. You hereby agree to dispense with any requirement to provide fresh consideration in amending, supplementing or replacing any part of these Terms at any time. We will endeavour to provide you with notice of any changes by updating the revised Terms via the Website or the Platform, and changing the "Last Updated" date on this page, or by notifying you directly of such changes. Any changes to these Terms will be effective immediately upon the earlier of the time of publication on the Website or the Platform, or at the time of transmission of the direct notification to you. We encourage you to frequently review these Terms to ensure you understand the terms and conditions that apply to your access to, and use of, the Services. **NOW IT IS HEREBY AGREED as follows:** ### 1. **DEFINITIONS AND INTERPRETATION** #### 1.1. **Definitions** In these Terms, unless the context otherwise requires: * **"Account"** means one or more accounts in your name opened with Falcon; * **"Applicable Laws"** means any and all applicable laws, statutes and regulations, and any and all directives, notices, guidelines codes, practice notes, circulars, policy statements, rules, ordinances, orders, requests, requirements, judgements, decrees or writs (in each case whether or not having the force of law) of any governmental, regulatory or judicial body or agency having jurisdiction over any of the parties to these Terms (including any and all Users and Falcon) or any of the subject matters of these Terms; * **"Falcon Finance Protocol"** means our synthetic dollar protocol designed to deliver institutional-grade yields through basis spread, funding rate arbitrage and advanced risk-adjusted trading strategies; * **"Falcon Points"** means the points earned by users through staking USDf in accordance with the loyalty and rewards program of Falcon Finance, which may be redeemed for various benefits as determined by Falcon Finance; * **"Mint Term"** means the fixed duration during which collateral is pledged to Falcon Finance. The Mint Term is selected by the user at the time of issuance and may range from predefined options (e.g., 90, 180, or 365 days) or other durations stipulated by Falcon Finance. During this period, the pledged collateral remains locked until the term concludes, at which point the deposit reaches maturity; * **"Maturity"** means the specific time and date when a deposit or mint under Falcon Finance, such as the Innovative Mint Program, reaches the end of its selected Mint Term. The Mint Term represents the fixed duration during which collateral is pledged, as chosen by the user (e.g., 90, 180, or 365 days) or as otherwise stipulated by Falcon Finance. The Spot rice at this precise moment is considered the price "at maturity."; * **"Restricted Jurisdictions"** means Afghanistan, Algeria, Angola, Bolivia, Burkina Faso, Cameroon, Central African Republic, China, Côte d’Ivoire, Crimea and Sevastopol, Donetsk People’s Republic (DNR) and Luhansk People’s Republic (LNR), Cuba, Democratic People’s Republic of Korea, Democratic Republic of the Congo, Eritrea, Haiti, Islamic Republic of Iran, Iraq, Libya, Lebanon, Mali, Myanmar/Burma, Mozambique, Namibia, Republic of Belarus, Russian Federation, Singapore, Somalia, South Sudan, Sudan, Syria,Tanzania, Venezuela, United States of America, Yemen, Zaporizhzhia and Kherson oblasti of Ukraine and any jurisdiction in which the entry into these Terms is prohibited by Applicable Laws, and any jurisdiction which is subject to United States, United Nations or other applicable sanctions or embargoes.; * **"Person"** means an individual or legal entity or person; * **"Platform"** means the platform operated by Falcon Finance that provides you with access to the Services; * **"Primary User"** means any user of Services provided by Falcon Finance in respect of the Account; * **"Secondary User"** means any holder of Falcon Assets that does not have access to purchase or redeem Falcon Assets directly with Falcon Finance until they open and are approved for an Account; * **"Spot Price"** means the spot price is defined as the price of the digital assets determined by Falcon Finance at its sole discretion as reflected in Falcon Finance's internal system, based on data sourced from major exchanges such as ByBit and Binance; * **"USD"** means the lawful currency of the United States of America; * **"User"** or **"you"** means Primary User and/or Secondary User as the context requires; * **"U.S. Person"** means any of the following: (i) a U.S. Citizen or U.S. Resident, which includes: (A) U.S. citizens; (B) U.S. lawful permanent residents; (C) individuals who meet the "substantial presence" test described in section 7701(b)(3) of the U.S. Internal Revenue Code of 1986 (as amended); (D) protected individuals under section 1324b(a)(3) of the U.S. Immigration and Nationality Act; or (E) individuals who hold a passport issued by the United States Government; (ii) a corporation, partnership, or other entity established or organized in or under the laws of the United States; (iii) any estate of a decedent who was a citizen or a resident of the United States; (iv) any trust if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more United States Persons have the authority to control all substantial decisions of the trust; and (v) any Person organized or incorporated outside the United States and its territories or insular possessions in which any of the foregoing, whether singularly or in the aggregate, directly or indirectly: (A) holds a 50 percent or greater equity interest by votes or value; (B) holds a majority of seats or memberships on the board of directors of the entity; or (C) authorizes, establishes, directs, or otherwise controls the actions, policies, personnel decisions, or day-to-day operations of the Person; and * **"Website"** means Falcon Finance's website at or as may be changed from time to time. #### 1.2. **Interpretation of certain terms** In these Terms, unless the context or subject otherwise requires: 1. any reference to time and/or date shall be construed as a reference to the British Virgin Islands time and/or date; 2. the headings are for convenience only and shall not affect the interpretation hereof; 3. the words "**written**" and "**in writing**" include any means of visible reproduction; 4. references to the singular number shall include references to the plural number and vice versa, references to natural persons shall include bodies corporate, and the use of any gender shall include all genders; 5. references to "Recitals", "Clauses", "Schedules" and "Rows" are to be construed as references to the recitals, clauses, schedules, and rows of/to these Terms; and 6. any reference to a statutory provision shall include such provision as from time to time modified or re-enacted and any regulations made in pursuance thereto as from time to time modified or re-enacted after the date of these Terms and shall also include any provision in any other statute which replaces that present statutory provision. ### 2. **FALCON STABLECOINS** #### 2.1. **USDf: The Base Synthetic Dollar** USDf is a fully collateral-backed or backed by the assets made available to Falcon Finance under repurchase agreement (or any agreement of similar nature) synthetic dollar minted when Users deposit/provides a variety of digital assets (including tokenized real-world assets (the “RWAs”)) as determined by Falcon Finance in its sole discretion from time to time (the “Eligible Collateral”), such as stablecoins or blue-chip tokens, into the Falcon Finance Protocol. USDf serves as the base token in the system and can be staked to mint sUSDf. It acts as a fully collateral-backed synthetic dollar token that can be used as a store of value, a medium of exchange, and a unit of account. #### 2.2. **sUSDf: The Yield-Bearing Asset** sUSDf is a yield-bearing asset that is minted when USDf is staked on the Falcon Finance Protocol. sUSDf grows in value over time through yield generated by Falcon Finance Protocol. The sUSDf:USDf ratio increases as earned yields are deposited into the Falcon Finance Protocol, reflecting accrued yield. ### 3. **Services** #### 3.1. To the extent you have an Account in good standing, you may, on the Platform: 1. mint USDf by depositing/providing the Eligible Collateral; 2. mint USDf by participating in the Innovative Mint Program; 3. receive sUSDf by staking USDf; 4. redeem USDf for the the originally deposited Eligible Collateral or other stablecoins; 5. redeem sUSDf for USDf; and/or 6. generate yield by staking USDf and/or sUSDf, and/or 7. enrol and participate in any other services we offer to you (collectively the "**Services**"). 3.2. You acknowledge that your ability to receive Falcon Assets and/or redeem your Falcon Assets is conditional on (i) your possession of a corresponding amount of Falcon Assets or Eligible Collateral (as the case may be), (ii) you maintaining an Account, (iii) no violation of these Terms, and (iv) no restrictions imposed by any Applicable Laws, including any changes thereto. Falcon Finance reserves the right to suspend all or part of the Services or your right to use the Services at any time and for any reason. 3.3. You agree, represent, and warrant with respect to any digital asset you sell, transfer or deliver to Falcon Finance that, (i) you are the lawful owner of such digital asset with good and marketable title thereto, and you have the absolute right to sell, assign, convey, transfer and deliver such digital asset, and all transactions with such digital assets are proprietary. Such digital asset is free and clear of any and all security interests, liens, pledges, claims (pending or threatened), charges, escrows, encumbrances or similar rights, (ii) you are the lawful owner of each wallet address you provide to us and have good title thereto and (iii) each of your wallets is owned and operated solely for your benefit, and no person, other than you, has any right, title or interest in any wallet. 3.4. By using any of the Services, you acknowledge and agree that the availability and functionality of these Services may be subject to limitations, delays, and other issues inherent in the use of blockchain technology and digital assets. Under no circumstances shall any of the Indemnified Persons be responsible for any losses or damages arising from such issues, and your use of the Services is at your own risk. ### 4. **FEES AND CHARGES** 4.1. We reserve the right to charge you fees in connection with the use of your Account and/or Services, and your maintenance, termination or cancellation of your Account. You agree to pay us any and all prevailing fees charged by us from time to time. 4.2. You also acknowledge and agree that we shall have sole and absolute discretion, at any time and from time to time, to impose new fees or adjust any existing fees. If you do not agree to any changes in fees, you may terminate your Account and cease using the Services, however, you expressly acknowledge and agree that any termination of your Account and ceasing to use the Services shall not affect or otherwise extinguish any accrued fees and charges which shall still be due and immediately payable to Falcon Finance upon termination of your Account and/or seizure to use the Services. 4.3. We pass-through transactional fees to Users. This can include transfer fees related to blockchain transactions. You are solely responsible for paying any transactional fees. In addition, fees may be imposed for transacting on the blockchain or by a third-party service provider that operates your funding source. Any fees imposed by your third-party service provider may not be reflected on the Platform as these fees are not imposed by us. You are solely responsible for paying any fees imposed by the third-party service provider on you and you expressly acknowledge and agree that you shall keep the Indemnified Persons fully indemnified and harmless against any direct, indirect, special or consequential losses (including loss of profits, business, or opportunities), damages or costs by reason of, or arising from, or as a consequence of, fees imposed by such third-party service provider. ### 5. **ACCOUNT REGISTRATION** #### 5.1. **Eligibility** a) To be eligible to use any of the Services, the following conditions must be satisfied at all times: i) if you are an entity, you are duly incorporated, duly organised and validly existing under the laws of your jurisdiction and have full power to conduct your business, and if you are an individual, you are at least 18 years old or of legal age to form a binding contract under all Applicable Laws, and have full mental capacity to enter into these Terms and any other agreement entered into pursuant to, or in connection with, these Terms, and to make decisions regarding your investments or transactions; ii) you have not previously been suspended or removed from using the Services; iii) you are not an individual or entity sanctioned by any authority; iv) you are not incorporated or residing in a Restricted Jurisdiction; v) you are not prohibited from using the Services by any Applicable Laws; vi) all of your representations and warranties set out in these Terms and any and all agreements entered into pursuant to, or in connection with, these Terms, being true, accurate, correct, complete, complied with, and not misleading, in all respects and at all times; vii) you have performed and discharged, or will perform and discharge at all times, all of your covenants, agreements, obligations, or undertakings under these Terms and any and all agreements entered into pursuant to, or in connection with, these Terms; viii) if you are entering into these Terms on behalf of a legal entity of which you are an employee, agent or representative, you have all necessary rights, power, and authority to bind such legal entity to these Terms; ix) you do not maintain any existing Account with Falcon Finance. Please note that you should only have one Account registered under your name, which has successfully completed our KYC/KYB verification process. If any additional Accounts are identified, they will be consolidated. b) All Accounts are subject to review and approval by Falcon Finance. We reserve the right to terminate, suspend or restrict your access to any of your Accounts, as well as take any other action as we deem fit, in the event that you are not, or are no longer, eligible to use the Services. Under no circumstances shall any of the Indemnified Persons be responsible or liable to you or any other person or entity for any direct, indirect, special or consequential losses (including loss of profits, business, or opportunities), damages or costs by reason of, or arising from, or as a consequence of, any such termination, suspension or restriction of access to any Account, or any other action taken by any of the Indemnified Persons in connection with your ineligibility to use the Services. c) We reserve the right to monitor and investigate any transactions or activities involving the Falcon Assets to ensure compliance with all the eligibility restrictions. d) In the event that Falcon Finance determines, in its sole discretion, that a User is a U.S. Person or has knowingly facilitated the sale or transfer of any Falcon Assets to a U.S. Person, Falcon Finance may take appropriate action, including but not limited to suspension or termination of the Account, or other actions that Falcon Finance sees fit. #### 5.2. **Restricted Locations, Access and Services** a) You may not use the Services if you are located in, or a citizen or resident of any Restricted Jurisdictions or any state, country, territory or other jurisdiction where your use of the products and services would be illegal or otherwise violate any Applicable Laws. b) You may not use the products and services if you are located in, or a citizen or resident of, any state, country, territory or other jurisdiction where we have determined, at our discretion, to prohibit use of the Services. c) Services are only available to Users in countries where they are permitted to be offered. d) We may implement controls to restrict access to the Services from any jurisdiction prohibited pursuant to these Terms, including automatically blocking a User from accessing such Services. e) You accept and agree that you shall not attempt to access or otherwise engage in any Services that have been restricted in accordance with these Terms. A breach of this restriction constitutes a breach of these Terms and we may at our sole discretion terminate your Account in accordance with these Terms. f) You acknowledge and agree that neither USDf nor sUSDf and related services have been marketed, promoted, or actively offered to you within the European Union. Any decision to acquire or use USDf, sUSDf and/or the Services have been made solely at your own initiative. You confirm that you requested access to information and services related to USDf, sUSDf and/or the Services without having been solicited by Falcon Finance, its affiliates, or any distributors. #### 5.3. **Account Information** e) Any failure on your part to comply with any of the above requirements will constitute a breach of these Terms and we shall have the right to demand rectification of your information, or terminate, suspend or restrict your access to your Accounts, terminate the provision of all or part of the Services to you, as well as take any other action as we deem fit, whether for a specified period of time or indefinitely. d) Post-Account opening, you must ensure that such information provided to us continues to be truthful, accurate, complete, and up to date. You agree and undertake to keep us promptly updated in writing if any of the information you provided to us changes, or if there is any change in circumstance that may cause any such information provided to become outdated, false, inaccurate, or incomplete. Such updates in writing shall be provided no later than 5 calendar days after such changes have occurred. c) By signing up for an Account, you hereby authorise us to make inquiries, whether directly or through third parties, to verify your identity or perform screening, or to protect you and/or us against fraud or other financial crimes, and to take any action that we reasonably deem necessary based on the results of such inquiries. When we carry out these inquiries, you acknowledge and agree that the information, documents and materials provided by you may be disclosed to credit bureaus, fraud prevention or financial crime agencies, operators of commercial databases or such other third-party background screening or identity verification operators, law enforcement agencies or other competent authorities. b) You hereby agree to permit us to keep a record of all such information for so long as we are required or permitted to do so under Applicable Laws, including after the termination of your Account. We will collect, use, disclose, process and/or store such information in accordance with our Privacy Policy. a) When registering your Account, you must provide current, complete, true and accurate information as required. You agree to provide us with any additional information, documents and/or materials we may request at any time that would facilitate our performance of customer due diligence, or compliance with Applicable Laws and/or detection of money laundering, terrorist financing, fraud, or any other offences. In providing us with such information, you confirm (a) its accuracy, authenticity, and completeness, and (b) you have not withheld any information, document or material that may influence our evaluation of you for the purposes of registering or maintaining your Account or providing Services to you. ### 6. **ACCOUNT SECURITY** 6.1. You must maintain the security and confidentiality of your account information, including Account number, registered name, email or phone number and any other sensitive information related to your Accounts (the "**Account Credentials**"). 6.2. It is your sole responsibility to prevent any unauthorized access and/or use of your Account, and you shall take all reasonable measures (including physical, technical, and administrative safeguards) to prevent any unauthorized access and/or use thereof. 6.3. You will be bound by, and hereby authorise us, directly or through a third party, to accept and rely on, any agreements, instructions, orders, authorisations and any other actions made, provided or taken by anyone who has accessed or used your Account regardless of whether the access is authorised or unauthorised. 6.4. You shall be solely responsible and liable for all direct, indirect, special, or consequential losses (including loss of profits, business, or opportunities), damages, or costs you incur that arise from or in connection with any failure by you to comply with this Clause. 6.5. Under no circumstances shall any of the Indemnified Persons be responsible or liable to you or any other person or entity for any direct, indirect, special or consequential losses (including loss of profits, business, or opportunities), damages or costs by reason of, or arising from, or as a consequence of, any: a) access to and/or use of (whether authorised or not) any of your Accounts by any Person; b) breach of security affecting your Accounts; c) operations effected by you or purported to be effected by you through your Accounts or otherwise referable to your Accounts; d) damage or interruptions caused by any computer viruses, bugs, spyware, scareware, Trojan horses, worms, malware, or other malicious code; and/or e) any disclosure of any Account Credentials by you to any person. 6.6. If you have any knowledge of or any reason to suspect that there may have been any unauthorised access to and/or use of your Accounts and/or Account Credentials, you must: a) immediately notify us as at and take such steps as may be necessary to prevent any further unauthorised access to and/or use of your Accounts and/or Account Credentials. This includes the freezing of your Accounts through the Platform; b) continue to provide accurate and up to date information as we may request throughout the duration of the incident; and c) take any steps that we may require to mitigate, manage, or report any such incident. ### 7. **ACCOUNT SUSPENSION AND TERMINATION** 7.1. You agree that Falcon Finance shall have the right in its sole and absolute discretion, without prior notice and liability to you or any other third party, to refuse to allow the minting, issuance or redemption of any digital asset, immediately suspend, terminate or restrict your access to your Accounts, and/or suspend, terminate or restrict your access to any of the Services, whether for a specified period of time or indefinitely, for any reason or for no reason whatsoever, including where: a) we are, in our sole opinion, required to do so by any Applicable Laws; b) we reasonably believe that we need to do so in order to protect our reputation or goodwill; c) you have not complied with, or we reasonably suspect you of acting in breach of, any terms, conditions or provisions in these Terms; d) we detect any unusual activity in or unauthorized access to your Accounts; e) we have determined or suspect that any transaction is erroneous, unauthorised, fraudulent or unlawful or we suspect your Accounts and/or the Services are being used in a fraudulent, unlawful or unauthorised manner; f) we have concerns about the security of your Accounts; g) we have determined or suspect that there is any occurrence of money laundering, terrorist financing, fraud, or any other financial crime, or if your activities are in breach of any sanctions related laws, regulations, orders, rules or code of conduct; h) we have determined or suspect that there is any occurrence or involvement of unlicensed gambling, scams, high risk business, purchase of drugs, conduct of multi-level marketing, ransomware, transactions in darknet market, transactions in high-risk exchanges, and/or transactions with sanctioned countries, individuals or entities or politically exposed persons; i) use of your Account is subject to any pending litigation, investigation, and/or government proceeding, and/or we perceive a heightened risk of legal or regulatory non-compliance associated with your Account; j) we have determined or suspect that you have directly or indirectly registered any Account in another person's name; k) any information that you have provided to us is untruthful, inaccurate, outdated or incomplete; l) these Terms have been amended, and you are unwilling to accept any of the terms, conditions or provisions of the amended Terms; m) you have requested that we terminate or suspend the provision of any Services to you; and/or n) any other circumstance (including due to external market movements and conditions) has arisen where we consider it necessary to terminate or suspend any of its Services. 7.2. You agree that you will continue to be responsible for all debts obligations related to your Account even after it is closed. Under no circumstances shall any of the Indemnified Persons be responsible or liable to you or any other person or entity for any direct, indirect, special or consequential losses (including loss of profits, business, or opportunities), damages or costs by reason of, or arising from, or as a consequence of the cancellation, suspension or termination of your Account and/or your access or use of our Services and Platform. **7.3.** Upon termination of an Account, whether by you or by us, you will lose access to all Services and features provided by the Platform. Under no circumstances shall any of the Indemnified Persons be liable for any losses, damages, or consequences resulting from the termination of any Account. ### 8. **ISSUANCE AND REDEMPTION OF FALCON ASSETS** 8.1. Issuance of Falcon Assets a) For the Falcon Assets to be issued through the Platform, you must provide us with your wallet address and any other identity information or document as we may require for purposes of whitelisting such wallet address. b) Users may mint USDf by depositing Eligible Collateral into the Falcon Finance Protocol. A haircut ratio will be applied to certain types of Eligible Collateral, when calculating the amount of USDf that can be minted. Users acknowledge that Falcon Finance does not guarantee the stability or value of any assets and accepts no liability for any discrepancies or losses arising from market volatility or external factors influencing asset prices. c) Once USDf has been minted, Users may stake their USDf in the Falcon Finance Protocol to receive sUSDf. The amount of sUSDf received is calculated based on the prevailing sUSDf-to-USDf ratio, which reflects the total supply of sUSDf relative to the total USDf staked and accumulated protocol yield. d) Under no circumstances shall any of the Indemnified Persons be responsible or liable to you or any other person or entity for any direct, indirect, special or consequential losses (including loss of profits, business, or opportunities), damages or costs by reason of, or arising from, or as a consequence of, any processing delays in connection the issuance of Falcon Assets (including network or tech related errors), or your failure to provide us with the correct wallet address or instruction(s). 8.2. Redemption of Falcon Assets a) To redeem (i) USDf for a proportional amount of the original or adjusted amount of Eligible Collateral or other stablecoins at a 1:1 ratio, or (ii) sUSDf for USDf through the Platform, you must provide us with your wallet address and any other identity information document as we may require for whitelisting, screening and verification purposes. Upon receipt of your USDf or sUSDf and the completion of any processing, screening or verification checks, the corresponding amount of the originally deposited Eligible Collateral, stablecoins, RWAs or USDf (as applicable) will be transferred to your wallet address, subject to any applicable cooling period. b) The amount in the Eligible Collateral, RWAs, other stablecoins or USDf sent to your wallet address at redemption may be rounded down to the nearest unit at our discretion. c) A minimum amount for redemption of Falcon Assets may be imposed by us, which may be changed from time to time at our sole and absolute discretion. We reserve the right not to process any redemption where such amount does not meet the minimum required amount. d) While we are committed to providing efficient transaction processing for our Users, processing times may vary depending on various factors, including the blockchain network's congestion, transaction complexity, and required confirmation or settlement. While we strive to facilitate transactions promptly, we cannot guarantee immediate processing or completion of transactions. e) You are responsible for ensuring the accuracy of transaction details, including recipient addresses, amounts, and digital asset types. Once a transaction has been initiated, it cannot be reversed or modified. You must verify all transaction details before submitting them for processing. f) We monitor and may review transactions to ensure compliance with our policies, as well as Applicable Laws. We reserve the right to delay, suspend, or cancel transactions that we suspect may involve illegal or fraudulent activities or that violate our terms and conditions. In such cases, we may be required to report the transaction to the relevant authorities. g) Under no circumstances shall any of the Indemnified Persons be responsible or liable to you or any other person or entity for any direct, indirect, special or consequential losses (including loss of profits, business, or opportunities), damages or costs by reason of, or arising from, or as a consequence of, any such termination, suspension or restriction of access to any Account, or any other action taken by any of the Indemnified Persons in connection with any processing delays in connection with the redemption of Falcon Assets (including network or tech related errors or delays), your failure to provide us with the correct wallet address, and any errors in your instructions or communications. ### 9. **INNOVATIVE MINT** 9.1. You may pledge/ provide a variety of listed altcoins (excluding stablecoins), as determined by Falcon Finance in its sole discretion from time to time (the "**Eligible Altcoins**"), as collateral (the "**Collateral**") on the Falcon Protocol in order to mint USDf (the "**Innovative Mint Program**"). 9.2. To participate in the Innovative Mint Program, you must pledge the Eligible Altcoins on the Falcon Protocol for a fixed period of time (the "**Mint Term**"), which may be 90, 180, or 365 days or as otherwise stipulated by us and selected by you. During the Mint Term, you shall have no right to request redemption, withdrawal, or transfer of the Collateral. You must also specify a liquidation price and strike price for the Collateral, which will determine the amount of USDf that we will provide to you in exchange for the Collateral and the outcomes upon maturity of the Mint Term, as described below. 9.3. If, at any time during the Mint Term, the Spot Price of the collateralised Eligible Altcoin meets or falls below the specified liquidation price, Falcon Finance reserves the right to liquidate the Collateral immediately to cover the minted USDf, irrespective of the remaining tenure of the Mint Term. This means that should the liquidation price be met anytime during the Mint Term, the Collateral may be liquidated and sold in whole or in part by Falcon Finance, to recover the outstanding USDf without any prior notice to you. 9.4. Such liquidation is necessary to mitigate the risk of insufficient Collateral value and ensure that Falcon Finance maintains its financial stability and obligations under the Innovative Mint Program. Upon liquidation you will permanently lose all rights and claims to the liquidated Collateral, as it will become the property of Falcon Finance. This process applies regardless of the time remaining in the Mint Term or any other conditions set at the time of participation in the Innovative Mint Program. 9.5. By participating in the Innovative Mint Program, you explicitly acknowledge and accept that the specified liquidation price serves as a critical threshold for risk management, and Falcon Finance retains full discretion to enforce liquidation policies to uphold the integrity of the Protocol. 9.6. If upon Maturity, the Spot Price of the collateralised Eligible Altcoin is above the specified strike price: a) Falcon Finance will issue additional USDf to you, calculated based on the excess value of the collateralised Eligible Altcoin above the specified strike price; and b) you will forfeit all rights to reclaim the Collateral, which will become the property of Falcon Finance. 9.7. If upon Maturity, the Spot Price of the collateralised Eligible Altcoin is between the specified liquidation price and the specified strike price: a) you may reclaim the Collateral only if you fully return all the USDf minted during the Mint Term to Falcon Finance within 72 hours from the maturity of the Mint Term; and b) failure to return the minted USDf within the prescribed timeframe will result in the liquidation of the Collateral by Falcon Finance to cover the minted USDf. 9.8. If, at any time during the Mint Term, the Spot Price of the collateralised Eligible Altcoin is at or below the specified liquidation price: a) Falcon Finance will liquidate the Collateral to cover the minted USDf; and b) you will permanently lose all claims and rights to the Collateral. 9.9. All calculations of Spot Prices of the Eligible Altcoins will be based on data from market sources determined by Falcon Finance at its sole discretion. Disputes regarding calculations or pricing will be resolved at Falcon Finance's sole discretion, and you agree to accept such determinations as as final and binding. 9.10. Participation in the Innovative Mint Program is subject to inherent risks, including but not limited to market volatility, liquidity issues, and regulatory changes. You acknowledge and accept that: a) the value of your Collateral may fluctuate significantly; b) Collateral may be liquidated under the conditions outlined above, resulting in the permanent loss of your collateralised Eligible Altcoin; and c) participation is entirely at your own risk, and Falcon Finance makes no guarantees regarding the outcomes or profitability of the Innovative Mint Program. ### 10. **FALCON POINTS** 10.1. You can earn Falcon Points by staking USDf within the loyalty and rewards program of Falcon Finance. Falcon Points may be redeemed for various benefits, rewards, or incentives as determined by Falcon Finance at its sole discretion. The specific offerings associated with Falcon Points are subject to change from time to time, and may vary based on Falcon Finance's policies. Falcon Finance reserves the right to modify, suspend, or terminate the Falcon Points program at any time, without prior notice or liability to you or any third party. 10.2. Falcon Finance makes no representations or guarantees regarding the specific or minimum value of Falcon Points. You acknowledge that the value of Falcon Points may fluctuate and that they are not guaranteed any particular value. Additionally, you agree that the values associated with Falcon Points can be updated, added, or removed at the sole discretion of Falcon Finance at any time, without prior notice and liability to you or any other third party. 10.3. You agree that Falcon Finance shall have the right in its sole and absolute discretion, without prior notice and liability to you or any other third party, to forfeit your Falcon Points, for any reason or for no reason whatsoever, including where: a) you have violated of these Terms; b) your Account has been suspended or terminated. 10.4. For the avoidance of doubt, any references to "Falcon Miles" by Falcon Finance shall be construed to mean "Falcon Points". ### 11. **IDENTITY VERIFICATION** 11.1 For the issuance and/or redemption of Falcon Assets, you will be required to provide us with any information, documents and/or materials as may be necessary to verify your identity or to facilitation compliance with Applicable Laws and/or detection of money laundering, terrorist financing, fraud, or any other offences. 11.2. You agree to provide us with current, complete, and accurate information or documents. In addition, you agree to permit us to keep a record of all such information for so long as we are required or permitted to do so under Applicable Laws, including after the termination of your Account 11.3. Any failure on your part to comply with any of the above requirements will constitute a breach of these Terms and we shall have the right to demand rectification of your information, or terminate, suspend or restrict your access to your Accounts, terminate the provision of all or part of the Services to you, as well as take any other action as we deem fit, whether for a specified period of time or indefinitely. ### 12. **COMPLIANCE WITH APPLICABLE LAWS** 12.1. Your request for the issuance and/or redemption of Falcon Assets, and your use of the Services or Platform, is subject to all Applicable Laws and your compliance thereof. 12.2. You agree to immediately provide us with any and all information, documents and/or materials as we may require from you from time to time, and to perform any and all such acts or things, including your forbearance to do any and all such acts or things, in each case as may be required or expedient for the purposes of complying, or facilitating our compliance with Applicable Laws, or to avoid violation of any Applicable Laws. Examples of Applicable Laws that we are subject to which may give rise to such obligations on your end include: a) any due diligence requirements imposed to facilitate the detection of money laundering, terrorist financing, fraud, or any other offence; b) any and all regulatory obligations imposed on us by any regulatory authority, including any and all obligations pertaining to the submission of regulatory returns, periodic reports or record keeping requirements; and c) any request for information, documents and/or materials from any regulatory authority. ### 13. **RESTRICTED ACTIVITIES AND PROHIBITED TRANSACTIONS** 13.1. In connection with the minting, issuance, holding and redemption of Falcon Assets, you agree that you will not: a) violate (or assist any other party in violating) any Applicable Laws; b) intentionally try to defraud (or assist in the defrauding of) Falcon Finance or other Users; c) provide or disseminate false, inaccurate, or misleading information, document or material; d) take any action that interferes with, intercepts, or expropriates any system, data, or information; e) partake in any transaction involving the proceeds of illegal activity, money laundering, terrorist financing, prohibited gambling, fraud, blackmail, extortion, ransomware, unlicensed moneylending activity, sale of any weaponry, drugs or darknet material; or f) transmit or upload any virus, worm, or other malicious software or program; g) attempt to gain unauthorized access to other Accounts, the Website, or any related networks or systems; h) use the Services on behalf of any third party or otherwise act as an intermediary between us and any third parties; i) defame, harass, or violate the privacy or intellectual property rights of Falcon Finance or any other Users; or j) upload, display or transmit any messages, photos, videos or other media that contain illegal goods, violent, obscene or copyrighted images or materials. 13.2. Using Falcon Assets for transactions related to the following is strictly prohibited, and we reserve the right to monitor and, if appropriate, block or otherwise prevent transactions that relate to: a) any U.S. Persons; b) weapons, controlled substances, gambling activities, adult content and pornography, or money-laundering/terrorist financing; c) ponzi schemes, pyramid schemes, or multi-level marketing programs; d) goods or services that infringe on copyright, trademark, or proprietary rights; e) credit repair services or other services that may present consumer protection risks; f) court-ordered payments, structured settlements, tax payments, or tax settlements; g) unlicensed money transmitter activity, layaway systems, or annuities; h) counterfeit goods or fraudulent activities, such as wash trading or market manipulation; or i) purchasing goods from "Darknet" markets or any other service or website that acts as a marketplace for illegal goods. 13.3. In the event we learn or reasonably suspect that you are engaging in any prohibited transactions, we may suspend or terminate your Account, potentially leading to the forfeiture of any digital assets otherwise eligible for redemption. We may also be required by Applicable Laws to inform authorities about such transactions and follow court orders regarding information and assets held in the Account. 13.4. The Falcon Assets are not offered or sold, and will not be offered or sold, in the United States or to U.S. Persons. In addition, the Falcon Assets have not been registered under the Securities Act of 1933, as amended (the "**Act**") or the securities laws of any other jurisdiction, and may not be offered, sold or otherwise transferred in the United States or to U.S. Persons unless the securities are registered under the Act, or an exemption from the registration requirements of the Act is available. ### 14. **SUPPORTED BLOCKCHAINS** 14.1. Falcon Assets operate only on supported blockchains. You acknowledge that Falcon Finance is not responsible for preventing or resolving any cyber-attacks or any other processing or technological issues that might arise in connection with the supported blockchains. 14.2. Falcon Finance reserves the right to expand or reduce the number of supported blockchains in the future, to migrate Falcon Assets from a currently supported blockchain, to cease support for a supported blockchain, and/or suspend your Account and/or all activities relating to Falcon Assets during such transition period. We shall bear no responsibility for any losses that might be incurred in connection with the use or the discontinued use of any blockchain, including currently supported blockchains. ### 15. **INTERRUPTIONS, DELAYS AND CANCELLATIONS** 15.1. If any technical reasons prevent or degrade Users' ability to access the Platform or any Services, Falcon Finance may, in its sole and absolute discretion, without prior notice to you or any other Users, take one or more of the following actions (where applicable): a) disable or suspend the minting, issuance or redemption of any Falcon Assets; b) disable or suspend any sign-in to Accounts; and/or c) disable or suspend access to the Platform, any Services, and/or any other systems or processes. Under no circumstances shall any of the Indemnified Persons be responsible or liable to you or any other person or entity for any direct, indirect, special or consequential losses (including loss of profits, business, or opportunities), damages or costs by reason of, or arising from, or as a consequence of, Falcon Finance's decision to carry out any of the above actions. 15.2. There may be instances in which the processing of the minting, issuance or redemption of the Falcon Assets is delayed or has to be cancelled due to whatever reason (including if there is any system, technical or operational issues that prohibits us from processing such minting, issuance or redemption) or no reason whatsoever. Under no circumstances shall any of the Indemnified Persons be responsible or liable to you or any other person or entity for any direct, indirect, special or consequential losses (including loss of profits, business, or opportunities), damages or costs by reason of, or arising from, or as a consequence of, any cancellation or delay in processing any minting, issuance or redemption. 15.3. We do not provide any warranty (whether express or implied) nor guarantee as to the timeline by which the minting, issuance or redemption of any Falcon Assets will be successfully processed. ### 16. **CHANGES IN APPLICABLE LAWS** 16.1. Any changes in Applicable Laws may affect the minting, issuance, holding, transfer, use, and/or redemption of the Falcon Assets. We reserve the right to suspend, whether for a period of time or indefinitely, your Account and/or the minting, issuance and redemption of the Falcon Assets, as may be required by any changes in Applicable Laws. Under no circumstances shall any of the Indemnified Persons be responsible or liable to you or any other person or entity for any direct, indirect, special or consequential losses (including loss of profits, business, or opportunities), damages or costs by reason of, or arising from, or as a consequence of any changes in Applicable Laws. ### 17. **WEBSITE AVAILABILITY AND ACCURACY** 17.1. The Platform, Website, and/or any of the Services may be periodically unavailable during scheduled maintenance or unscheduled downtime. None of the Indemnified Persons make any (and hereby disclaims any) representations or warranties regarding the Platform, Website, and/or any of the Services including that a User will have continuous, uninterrupted, or secure access to the Platform, Website and/or any of the Services. 17.2. We strive to provide accurate and reliable information and content on the Website, but such information may not always be correct, complete, or up to date. We will update the information on the Website as necessary to provide you with the most up to date information, but you should always independently verify such information. We shall have no liability for any losses incurred as a result of actions taken in reliance on the information contained on the Website. ### 18. **THIRD-PARTY SERVICES AND LINKS** 18.1. The Platform may integrate with or provide access to various third-party services, tools, or platforms (the "**Third Party Services**") to enhance the user experience and provide additional functionality. The integration or provision of access to Third Party Services does not constitute an endorsement, guarantee, or recommendation by Falcon Finance. By using these Third Party Services, you agree to their respective terms and conditions, privacy policies, and any other applicable agreements. 18.2. The Website or Platform may also contain links to third party websites, applications, events or other materials (the "**Third Party Content**"). Such information is provided for your convenience and links or references to any Third Party Content do not constitute an endorsement, guarantee, or recommendation by Falcon Finance of any products or services. 18.3. We are not responsible for the content, accuracy, reliability, or performance of any Third Party Services or Third Party Content. Under no circumstances shall any of the Indemnified Persons have any responsibility or liability for any losses incurred as a result of actions taken in respect of any Third Party Services or in reliance on the information contained in any Third Party Content. ### 19. **NO OTHER RELATIONSHIP OR ADVICE** 19.1. You acknowledge and agree that Falcon Finance is not your broker, intermediary, agent, trustee, or advisor and has no fiduciary relationship or obligation to you in connection with any decision or activity carried out by you in connection with the Services. No communication or information provided to you by Falcon Finance is intended as, or shall be considered or construed as, investment advice, financial advice, trading advice, legal advice, tax advice, or any other sort of advice (professional or otherwise). 19.2. All decisions to buy, sell, or hold digital assets are solely the responsibility of the User. Users should conduct their own research, seek professional advice, and carefully consider the risks associated with digital asset transactions before making any decisions. 19.3. To the fullest extent permitted by law, you acknowledge and agree that we owe no fiduciary duties or liabilities to you or any other party, and that to the extent any such duties or liabilities may exist at law or in equity, those duties and liabilities are hereby irrevocably disclaimed, waived, and eliminated. You further agree that the only duties and obligations that we owe you are those set out expressly in these Terms. ### 20. **RISK DISCLOSURES** 20.1. The minting, issuance and/or redemption of Falcon Assets, and use of your Account and the Services involves risks and potential for financial losses. Such risks includes any operational, technological and security risks that may be caused by any hacks or other forms of cyber-attack on the blockchain or the Platform, and any custody or issuer risk relating to the issuer of any Eligible Collateral, including any default, liquidation or collapse of such issuer. 20.2. You hereby acknowledge that you have read and you understand the Risk Disclosure Statement which sets out a non-exhaustive list of risks applicable to such activities. You hereby acknowledge and agree that under no circumstances shall any of the Indemnified Persons have any responsibility or liability for any and all risks relating to the issuance or minting of Falcon Assets, including the risks disclosed to you in the Risk Disclosure Statement. ### 21. **REPRESENTATIONS, WARRANTIES AND UNDERTAKINGS** 21.1. By using the Services or maintaining an Account, you hereby represent, warrant, and undertake to Falcon Finance at all times that: a) all consents, permissions, authorisations, approvals and agreements of third parties and all authorisations, licenses, approvals, permissions, consents, registrations, declarations, filings with any regulatory authority, governmental department, commission, agency or other organisation having jurisdiction over you (and/or your representatives) which are necessary or desirable for you (and/or your representatives) to obtain in order to (i) access and use the Platform and/or the Services and (ii) enter into and perform your obligations under these Terms and any other agreements entered into pursuant to, or in connection with, these Terms, have been unconditionally obtained in writing and have been disclosed in writing to us and have not been withdrawn or amended; b) your access and use of the Platform and/or the Services, and the performance of your obligations under these Terms and any other agreements entered into pursuant to, or in connection with, these Terms, will not: (i) if you are an entity, result in a breach of or conflict with any provision of your constitution (or equivalent constitutive documents); (ii) result in a breach of, or constitute a default under, any instrument, agreement, document or undertaking to which you are a party or by which you or any of your property is bound or subject; and (iii) result in a breach of any Applicable Laws, or any award of any arbitrator, court or governmental or regulatory authority in any jurisdiction; c) all the activities that you carry out during the use of the Services will be in compliance with the requirements of all Applicable Laws as well as the various policies of Falcon Finance; d) you are not member of the public in the British Virgin Islands; e) you shall not: i) breach any of the terms and conditions of these Terms or any other agreements entered into pursuant to, or in connection with, these Terms; ii) violate or attempt to violate any Applicable Laws or policies of Falcon Finance; iii) violate Falcon Finance's or any third party's copyright, patent, trademark, trade secret or other intellectual property rights, or rights of publicity or privacy; iv) violate public interests, public ethics or other legitimate interests including taking any action that would interfere with, disrupt, negatively affect, or inhibit other Users from using the Services; v) act in a manner that is defamatory, trade libellous, threatening or harassing; vi) provide false, inaccurate, incomplete or misleading information; vii) engage in or assist in engaging in potentially fraudulent or suspicious activities and/or transactions; viii) modify, reproduce, duplicate, copy, download, store, further transmit, disseminate, transfer, disassemble, broadcast, publish, remove or alter any proprietary notices or labels, license, sublicense, sell, mirror, frame, rent, lease, private label, grant a security interest in, create derivative works of, or otherwise exploit the Services, or any portion of the Services without Falcon Finance's prior written consent or unless otherwise permitted by Applicable Laws; ix) (A) access, acquire, copy, modify or monitor any portion of the Services or in any way reproduce or circumvent the navigational structure or presentation of the Services to obtain or attempt to obtain any materials, documents, or information through any means not made available through the Services, (B) attempt to gain unauthorized access to any portion or feature of the Services or any other systems or networks connected to the Services or to any Falcon Finance server or to any of the services offered on or through the Services, by hacking, password "mining," or any other illegitimate or prohibited means, (C) probe, scan, or test the vulnerability of the Services or any network connected to the Services, nor breach the security or authentication measures on the Services or any network connected to the Services, (D) reverse look-up, trace, or seek to trace any information on any other user of or visitor to the Services, (E) use any device, software, or routine to interfere with the proper working of the Services, or with any other person's use of the Services, (F) forge headers, impersonate a person, or otherwise manipulate identifiers in order to disguise your identity or the origin of any message or transmittal you send to the Services, or (G) use the Services in an unlawful manner; x) refuse to cooperate in any investigation or provide confirmation of your identity or the accuracy of any information, documents and/or materials you provide to us; xi) conduct your business or use the Platform or Services in a manner that results in or may result in complaints, disputes, claims, reversals, chargebacks, fees, fines, penalties or other liability to Falcon Finance, other Users, third parties or you; xii) facilitate any viruses, bugs, Trojan horses, worms or other computer programming routines that may damage, detrimentally interfere with, surreptitiously intercept or expropriate any system, data or information; xiii) use any robot, spider, other automatic device, or manual process to monitor or copy our Website or Platform without our prior written permission; xiv) use any device or software to interfere or attempt to monitor or interfere with our Website, the Platform or the Services; or xv) take any action that may cause us to lose any of the services from our internet service providers, or other suppliers; f) there is no pending claim, action, suit or proceedings at law or in equity (in any jurisdiction) before any court, tribunal, governmental body, agency, official or any arbitrator that is likely to affect the legality, validity or enforceability against you and/or the legal entity you act on behalf of, or your ability to perform the obligations under these Terms; g) our claim against you and/or the legal entity you act on behalf of, under these Terms: (i) if unsecured, will rank at least pari passu with the claims of all your other unsecured and unsubordinated creditors, save for those whose claims are preferred solely by any bankruptcy, insolvency, liquidation or other similar laws of general application; or (ii) if secured, will rank in priority to the claims of all subsequent encumbrances, unless we otherwise agree in writing; h) you and/or the legal entity you act on behalf of are generally subject to civil and commercial law and to legal proceedings, and neither you nor any of your assets or properties is entitled to any immunity or privilege from any set-off, suit, judgment, execution, attachment, injunction or other legal process; and i) no proceedings have been commenced or threatened, and no order or declaration has been made, against you and/or the legal entity you act on behalf of for liquidation, winding up or bankruptcy, or for the appointment of a trustee in bankruptcy, judicial manager, administrator, receiver, liquidator, or similar officer to administer any or all of your assets and you and/or the legal entity you act on behalf of have not declared bankrupt or insolvent. 21.2. Should you breach any of the above representations, warranties and/or undertakings, Falcon Finance reserves the right to take any action against you or your Accounts, whether for a specified period of time or indefinitely, including: a) refusing to allow the minting, issuance or redemption of any Falcon Assets; b) suspending or terminating your Account; c) reporting the incident or breach to the relevant authorities; d) publishing the alleged breach and actions that have been taken; and/or e) deleting any information you published that is in breach of the representation, warranty and/or undertaking. 21.3. Under no circumstances shall any of the Indemnified Persons be responsible or liable to you or any other person or entity for any direct, indirect, special or consequential losses (including loss of profits, business, or opportunities), damages or costs by reason of, or arising from, or as a consequence of, any action taken against you or your Accounts should you breach any of the above representations, warranties and/or undertakings. ### 22. **DISCLAIMER OF WARRANTIES, EXCLUSION OF LIABILITY AND INDEMNIFICATION** 22.1. To the maximum extent permitted under Applicable Laws, the Services and any materials, product, service or other item provided by or on behalf of Falcon Finance and/or its affiliates in connection with the Services (the "**Materials**"), whether by a third party operator or otherwise, are provided on an "as is" and "as available" basis and Falcon Finance expressly disclaims, and you waive, any and all other warranties of any kind, whether express, statutory or implied, oral or in writing, including warranties of merchantability, adequacy, accessibility, fitness for a particular purpose, title or non-infringement of third party rights or warranties arising from course of performance, course of dealing or usage in trade. Without limiting the foregoing, Falcon Finance does not represent or warrant that the Website, the Services and/or the materials are accurate, complete, reliable, current, error-free, or free of viruses or other harmful components. Except for the express statements set forth in these Terms, you hereby acknowledge and agree that you have not relied upon any other statement or understanding, whether written or oral, with respect to your use and/or access of the Platform or the Services. Your use of the Services is at your own risk and discretion. 22.2. To the fullest extent permitted by Applicable Laws, in no event shall any of the Indemnified Persons be responsible or liable to you or any other person or entity for any loss of business, profits or opportunities, or any incidental, indirect, special, punitive, consequential or similar damages or liabilities whatsoever (including damages for loss of data, information, revenue, profits or other business or financial benefit), whether arising out of or in connection with the Website, the Platform, your Account, the Services, these Terms and/or any agreement entered into pursuant to, or in connection with, these Terms, or otherwise. 22.3. Any liability of the Indemnified Persons, to you or any person or entity in any circumstance is limited to the actual amount of loss or damage which is caused directly and is reasonably foreseeable by our breach of these Terms provided always that the Indemnified Persons' maximum aggregate liability to you for all such losses arising in connection with these Terms or otherwise shall not exceed the interest or yield paid or payable to you. Such sum shall be paid as liquidated damages by Falcon Finance to you in full and final settlement and satisfaction of our entire liability and the Indemnified Persons' entire liability for any loss or damage which is caused directly and is reasonably foreseeable by our breach of these Terms. You acknowledge and accept that damages are an adequate remedy and that you shall not be entitled to any other claims or remedies at law or in equity, including any claim in rem, injunction, and/or specific performance. 22.4. You agree to fully indemnify and hold completely harmless (a) Falcon Finance, (b) Falcon Finance's shareholders, joint venture parties, subsidiaries, affiliates and related corporations and entities, and (c) the officers, directors, employees, representatives, agents, suppliers, contractors and service providers of all the persons and entities described in (a) and (b) ((a), (b) and (c) collectively, the "**Indemnified Persons**") from and against any and all claims, actions, proceedings, investigations, demands, actions, suits, costs, charges, expenses, damages (including attorneys' fees, fines or penalties imposed by any regulatory authority), losses and liabilities which the Indemnified Persons may incur, suffer or which may be made against them as a result of, in relation to, and/or arising out of (i) your use of, or conduct in connection with, the Services, (ii) your breach of representation, warranty, agreement or undertaking by you under these Terms or our enforcement of these Terms, (iii) your violation of any Applicable Laws, (iv) any act, omission, negligence, breach, offence or default committed or attributable to you, (v) any sum or obligation expressed to be payable or liable to be performed under these Terms not being paid or performed by you by the time, on the date and otherwise in the manner specified in this Agreement, and/or any circumstances beyond our control. If you are obligated to indemnify any of the Indemnified Persons pursuant to these Terms, we will have the right, in its sole and absolute discretion, to control any action or proceeding and to determine whether we wish to settle, and if so, on what terms. ### 23. **TAXES** 23.1. It is your sole responsibility to determine what, if any, taxes apply to the payments you make or receive, and to collect, report, and remit the correct tax to the appropriate tax authority. All payments and transactions made and entered into on our Platform must be free and clear of, and without any deduction or withholding for and on account of, any taxes, duties or other deductions. We are not responsible for determining whether taxes apply to your transactions, or for collecting, reporting, or remitting any taxes arising from any transaction. However, if any Applicable Law requires us to make any tax payments or duties on your behalf, we reserve the right to withhold in part or in full or claim such payments (including any other administrative charges incurred in respect of such payments) against you on a full indemnity basis. ### 24. **PRIVACY OF PERSONAL DATA** 24.1. To the extent that you provide us with any of your personal data, you hereby consent to the collection, use, disclosure and/or processing of such personal data in accordance with and for the purposes stated in our Privacy Policy, a copy of which is available on the Website. ### 25. **LIMITED LICENSE AND INTELLECTUAL PROPERTY RIGHTS** 25.1. Subject to your continued compliance with the express terms and conditions of these Terms, Falcon Finance provides to you a revocable, limited, royalty-free, non-exclusive, non-transferable, and non-sublicensable license to access and use the Services on your computer or other internet compatible device as Falcon Finance may prescribe from time to time for your personal, internal use only (save that corporate users may access and use the Materials for internal business purposes). The content layout, formatting, and features of and access privileges for the Services shall be as specified by Falcon Finance in its sole discretion. All rights not expressly granted under these Terms are hereby reserved. Accordingly, you are hereby prohibited from using the Services in any manner that is not expressly and unambiguously authorized by these Terms. Without limiting the foregoing, you will not: a) resell, lease, lend, share, distribute or otherwise permit any third party to use the Services, the Platform or the Materials; b) modify or create derivative works of the Services, the Platform and the Materials, or any portion thereof or any data or information received by you in connection therewith; c) frame, display or incorporate the Services, the Platform or the Materials in any website or any other work of authorship; d) decompile, disassemble, reverse engineer or attempt to discover the source code of the Services, the Platform or the Materials; or e) use the Services, the Platform or the Materials to design, develop or create any competing product or service. 25.2. These Terms provide only a limited license to access and use the Services. Accordingly, you hereby agree that Falcon Finance transfers no ownership or intellectual property right, interest or title in and to the Services or any intellectual property to you or anyone else in connection with your use of the Services. All intellectual property rights, title and interests in and to the Services, including any text, graphics, user interfaces, visual interfaces, photographs, sounds, artwork, computer code (including html code), programs, software, products, information, and documentation as well as the design, structure, selection, coordination, expression, "look and feel," and arrangement of any content contained on or available through the Services are exclusively owned, controlled, and/or licensed by Falcon Finance or its members, parents, licensors, or affiliates. 25.3. Without prejudice to the foregoing or any other rights under these Terms or at law, you further acknowledge and agree that Falcon Finance may use and/or disclose anonymised data, which is not in personally identifiable form, for data analytics, marketing and/or business improvement purposes. 25.4. You hereby assign to us all right, title and interest to any feedback, suggestions, ideas, or other information or materials regarding Falcon Finance or the Services or the Platform that you provide, whether by email or otherwise ("**Feedback**") together with all associated intellectual property rights. We will own all Feedback and you will not be entitled to, and hereby waive any claim for, acknowledgment or compensation based on any Feedback or any modifications made based on any Feedback. ### 26. **NO SET-OFF** 26.1. You agree and acknowledge that you may not set-off any claims arising under the Falcon Assets against any claims that Falcon Finance may have against it. ### 27. **SUBSTITUTION** 27.1. Falcon Finance may, without your consent, at any time substitute itself in respect of all rights and obligations arising under or in connection with the Falcon Assets with any legal entity of which all shares carrying voting rights are directly or indirectly held by Falcon Finance (the "**New Issuer**"), provided that: a) the New Issuer is able to fulfil all obligations arising from or in connection with the Falcon Assets; and b) Falcon Finance has issued an irrevocable and unconditional guarantee in respect of the obligations of the New Issuer under the Falcon Assets. ### 28. **ELECTRONIC NOTICES** 28.1. You agree to receive electronic communications and notifications from us by way of e-mail, by posting a notice to the Website, or through other means as we may elect. You are responsible for keeping all your correspondence information (including email address, residential address, and phone number) up to date in your Account profile in order to receive any notices or alerts that we may send you from time to time. 28.2. We may from time to time make available certain information relating to the Services via the Platform or any of our social media or other channels (including email, Twitter/X, and/or Telegram channels) as we may make available from time to time. Whilst we may take reasonable steps to prevent unauthorised access to the Platform and such channels, we cannot guarantee that there will be no such unauthorised access. You acknowledge and agree that there shall be no presumption that any content made available via such channels are authentic and originate from us. You should exercise due caution and if there is any reason to doubt the authenticity and integrity of any content made available via such channels, and you must contact us to seek further verification. The Services may be accessed via only the Platform, and you must not attempt to access the Services and/or login to your Accounts using your Account Credentials on any other channels. ### 29. **FORGE MAJEURE** 29.1. No Indemnified Persons shall be liable to you or any other person for any breach of these Terms or for any delay, disruption, interruption or failure of the Services, if such breach, delay, disruption, interruption, or failure arose (directly or indirectly) in connection with any circumstances beyond our control, including any natural disaster, epidemic or pandemic, national or international crisis, emergency, war, riot, strike, labour dispute, widespread violence or acts of terrorism, breakdown in public infrastructure, any disruption, interruption, and/or failure of any system or services provided by a third party service provider to us, interruption in telecommunications or network provider services, absence of a liquid market for any digital token, significant or widespread disruptions, cessation of business or bankruptcy of any third party, disruption to the market for any digital token, or change in Applicable Laws. ### 30. **DISPUTE RESOLUTION** 30.1. If there are any concerns or disputes regarding these Terms, the Services or the Platform, you agree to first negotiate with us in good faith to resolve the dispute between you and us (which discussions shall remain confidential and be subject to applicable rules protecting settlement discussions from use as evidence in any legal proceeding). A ticket number will be assigned to you if your concerns cannot be addressed to your satisfaction at first instance. The issuance of the ticket number commences the internal dispute resolution procedure. We will attempt to resolve the dispute internally as soon as possible. 30.2. In the event that the dispute cannot be resolved between you and Falcon Finance, and you wish to initiate a formal dispute resolution procedure, then you agree to set forth the basis of such claim in writing in a "Dispute Notice" as a form of prior notice to us. The Dispute Notice must (1) be in English, (2) describe the nature and basis of the claim or dispute, (3) set forth the specific relief sought, (4) provide the original ticket number, and (5) include your Account email. 30.3. You agree that any dispute resolution proceedings, including arbitration, will be conducted only on an individual basis and not in a class, consolidated, or representative action. You hereby waive any right to participate in any class action or class-wide arbitration against Falcon Finance related to any claim or dispute. 30.4. Any disputes, controversies, or claims arising out of or in connection with these terms, including their existence, validity, interpretation, performance, or termination, shall be subject to the exclusive jurisdiction of the courts of the British Virgin Islands. All parties agree that the courts of the British Virgin Islands shall have exclusive authority to settle any such disputes. ### 31. **MISCELLANEOUS** #### 31.1. **Entire Agreement** These Terms, along with any additional terms and policies referenced herein, constitute the entire agreement between you and Falcon Finance with respect to your use of the Services and supersede any prior agreements or understandings between the parties. #### 31.2. **Severability** If any provision of these Terms is found to be invalid or unenforceable by a court of competent jurisdiction, the remaining provisions shall remain in full force and effect, and the invalid or unenforceable provision shall be deemed modified to the minimum extent necessary to make it valid and enforceable. #### 31.3. **Waiver** Falcon Finance's rights and remedies under these Terms are cumulative and not exclusive of any rights or remedies provided by law or by any other agreement. Any failure or delay on the part of Falcon Finance to exercise any right or remedy under these Terms shall not operate as a waiver of such right or remedy. Any single or partial exercise of any right or remedy shall not preclude any other or further exercise thereof or the exercise of any other right or remedy. #### 31.4. **Assignment** You may not assign, novate or transfer any rights, interests, liabilities and/or obligations under these Terms without the prior written consent of Falcon Finance. However, you hereby acknowledge and agree that we shall have sole and absolute discretion to novate, transfer or assign these Terms or any of our rights, interests, liabilities and/or obligations at any time to anyone else, including in connection with any merger, acquisition, amalgamation or other corporate reorganisation involving Falcon Finance. #### 31.5. **Third Party Rights** A person who is not a party to these Terms has no rights (including rights under any Applicable Laws) to enforce or enjoy the benefit of any part of these Terms. #### 31.6. **Language** These Terms may, at our sole and absolute discretion, be translated into a language other than the English language. You agree that any such translation shall only be for your convenience and the English text shall prevail in the event of any ambiguity, discrepancy, or omission as between the English text and any translated text. #### 31.7. **Potential Conflicts of Interest** You acknowledge and agree that we and our affiliates, shareholders, founders, principals, directors, officers, employees, and representatives or their respective affiliates (collectively, "**Related Persons**") may directly or indirectly use the Services or engage in transactions involving the Falcon Assets for ourselves and themselves. You acknowledge and agree that we and Related Persons may have potential conflicts of interest. To the extent permitted by law, you hereby waive any claim against us or Related Parties alleging breach of fiduciary duties, conflict of interest, or other similar cause of action, relating to, in connection with, or arising out of our and/or any Related Parties directly or indirectly using the Services or engaging in transactions involving the Falcon Assets. #### 31.8. **Governing Law and Jurisdiction** These Terms shall be governed by and construed in accordance with the laws of the British Virgin Islands, without regard to its conflict of laws principles. ## **RISK DISCLOSURE STATEMENT** ### 1. **RISK DISCLOSURES** 1.1. Falcon Digital Limited ("**Falcon Finance**", "we", "our" or "us") is not currently licensed by any regulatory authority. 1.2. This Risk Disclosure Statement outlines various risks related to the risks associated with Falcon Assets and Falcon Finance's Services. However, it does not cover all potential risks or considerations. You are responsible for understanding the risks before engaging with our Services. Falcon Finance and its affiliates (the "**Indemnified Persons**") will not be liable for any direct, indirect, special, or consequential damages, including loss of profits, business, or opportunities, arising from your reliance on this Risk Disclosure Statement or use of our Services. 1.3. Unless otherwise defined herein, all capitalised terms in this Risk Disclosure Statement shall have the same meanings given to them in the USDf and sUSDf Terms and Conditions. ### 2. **LEGAL AND REGULATORY RISKS** 2.1. The regulatory landscape for digital assets, including stablecoins, is evolving and uncertain. New laws and regulations may be enacted that could impact blockchain technology, digital assets, and related services. There is no assurance that such changes will not negatively affect our Services. 2.2. Falcon Assets may be classified as regulated financial instruments in certain jurisdictions, potentially requiring licensing or registration. Regulatory actions could force Falcon Finance to restrict, suspend, or cease the minting, issuance, or redemption of Falcon Assets. Access to our Services may also be limited based on your location or citizenship to comply with regulations. 2.3. Falcon Assets are not legal tender and are not backed by any government or central bank. They do not benefit from government-sponsored insurance or protections. No authority manages their value during crises or adjusts their supply or demand. 2.4. Falcon Finance reserves the right to suspend services or reject instructions as necessary to comply with Applicable Laws or directives from authorities. ### 3. **DIGITAL ASSET SECURITY RISKS** 3.1. Digital assets, including Falcon Assets, are vulnerable to security breaches or attacks, such as those exploiting computing power to disrupt blockchain operations. Falcon Finance provides no guarantees regarding blockchain functionality or protection against such breaches. You accept the risk of losses arising from security issues related to digital assets. ### 4. **DEPEG RISK** 4.1. Falcon Assets may experience depegging where their values deviate from their pegged value. This risk may stem from various factors such as market fluctuations, liquidity issues, regulatory constraints, erosion of market trust, financial events, operational difficulties, and technical problems like security breaches or network congestion. 4.2. Under no circumstances shall any of the Indemnified Persons be responsible or liable to you or any other person or entity for any Losses by reason of, or arising from, or as a consequence of, any risks associated with the depegging of Falcon Assets. ### 5. **CYBERSECURITY RISKS** 5.1. Using online platforms involves risks like hardware/software failures, internet issues, malware, and cyberattacks. Unauthorized access to your assets or information is possible. 5.2. You acknowledge and accept that Falcon Finance does not control internet functionality or the reliability of your devices and will not be liable for communication errors, disruptions, or delays caused by such issues. ### 6. **PLATFORM'S OPERATIONAL RISKS** 6.1. Technical issues may restrict your access to the Platform. Hardware or software failures, connectivity problems, or transmission errors may prevent you from submitting instructions or transactions. Communications with Falcon Finance may also be lost, altered, or delayed. 6.2. Scheduled maintenance may temporarily suspend platform availability, potentially delaying your transactions. ### 7. **UNAUTHORISED INSTRUCTIONS AND ERRONEOUS TRANSMISSION** Unauthorized access to your Account could result in third parties issuing instructions without your consent. Falcon Finance is not responsible for losses caused by unauthorized access. 7.2. If Falcon Assets are sent to an incorrect or incompatible address, they may be irretrievably lost. Falcon Finance does not guarantee recovery and is not obligated to assist with recovery efforts. If Falcon Finance agrees to assist, it does so at its sole discretion and may charge additional fees. You will be responsible for all costs and liabilities incurred during recovery attempts, and you agree to indemnify Falcon Finance and its affiliates for any losses arising from such efforts. ### 8. **THIRD-PARTY RISK** 8.1. Falcon Finance has no control over, and assumes no responsibility for, Falcon Assets you receive from or transfer to third parties or for third-party services. Disputes or issues with third parties must be resolved directly with them. ### 9. **ERROR CORRECTION** 9.1. Falcon Finance reserves the right to refuse minting, redemption, or issuance of Falcon Assets or to reject instructions even after confirmation to address errors, including technical issues. ### 10. **JURISDICTION RISK** 10.1. Certain jurisdictions may prohibit the use of Falcon Finance's Services. Changes in your tax residency, domicile, or Applicable Laws may lead to violations of regulatory or legal requirements. You are solely responsible for ensuring your compliance with all Applicable Laws when using our Services. ### 11. **TAX RISK** 11.1. Holding, issuing, or redeeming Falcon Assets may result in tax obligations. You are responsible for consulting a tax advisor and ensuring compliance with all tax-related requirements. ### 12. **RISKS RELATED TO COMMUNICATIONS WITH FALCON FINANCE** 12.1. Information or explanations provided by Falcon Finance about our Services are for informational purposes only and do not constitute investment, financial, or legal advice. You are solely responsible for making decisions based on your own judgment and independent advice. Any reliance on information provided by Falcon Finance is at your own risk. ### 13. **RISKS RELATED TO COMMUNICATION SERVICES** 13.1. While Falcon Finance may verify the identity of individuals communicating with us, it is not obligated to do so. Losses may occur due to fraudulent, forged, or erroneous instructions, miscommunications, or transmission errors. ### 14. **THIRD-PARTY DOCUMENTS AND MATERIALS** 14.1. Falcon Finance may provide materials, documents, or information from third parties. These are for informational purposes only and do not constitute investment or financial advice. Falcon Finance does not guarantee their accuracy or completeness and assumes no liability for their content. ### 15. **MISCELLANEOUS** 15.1. The Risk Disclosure Statement is not exhaustive. Additional risks may exist that are not identified here. Falcon Finance and the Indemnified Persons are not liable for unforeseen risks or damages linked to Falcon Assets or the Services. 15.2. The information provided in this Risk Disclosure Statement does not substitute professional advice or constitute a recommendation to engage with Falcon Assets. It is neither an offer nor solicitation for investment. 15.3. By proceeding to utilize our Services, you hereby acknowledge and confirm that you and/or your representatives (i) have carefully read the above Risk Disclosure Statement; (ii) have fully analysed, understood and appreciated the risks associated with transacting in or otherwise engaging in our Services, Falcon Assets, and any other products or services offered by Falcon Finance; (iii) have sought and obtained all professional advice (including tax, legal, financial, investment, accounting and other professional advice) as may be relevant and/or necessary; and (iv) are authorised and permitted, under all Applicable Laws, to enter into such transactions. # Brand Assets Falcon Finance brand assets: main brand logo, USDf & sUSDf logos & Perry the Phalcon. ## Falcon Finance Main Brand Assets {% file src="/files/rXzvMha0QjvHqw29MBIL" %} Falcon Finance Company Brand Asset in PNG {% endfile %} {% file src="/files/B3E8kymlXOlax9WtigLM" %} Falcon Finance Company Brand Asset in SVG {% endfile %} ## USDf Logo Assets {% file src="/files/rxNJLPGlQ7fDpVJStno4" %} Official USDf Token Logo {% endfile %} ## sUSDf Logo Assets {% file src="/files/78x5Egu9DvkqNIztGTmM" %} Official sUSDf Token Logo {% endfile %} ## FF Logo Assets {% file src="/files/TypM1s7dwS16R8M0B3H3" %} ## sFF Logo Assets {% file src="/files/DPosYrMnPdzaz6VtfZnD" %} ## Perry the Mascot {% file src="/files/wjr7mD3Qu3EvihioYsAt" %} Official Falcon Mascot PNG & SVG {% endfile %} # Privacy Policy Official Privacy Policy of the Falcon Finance universal collateralization protocol. Latest update: March 13th, 2025 ### **1. Overview** Falcon Finance is committed to protecting the privacy and security of your personal and institutional information. Our privacy policy (this “Privacy Policy”) explains how we collect, use, store, and disclose your information when you access or use the Platform, the Services or the Falcon Stablecoins, or any related services, tools, and features (collectively, the "Falcon Services") .
By agreeing to the USDf and sUSDf Terms and Conditions \*the “Terms”), you also agree to the terms of our Privacy Policy. Unless otherwise defined herein, all capitalised terms in this Privacy Policy shall have the same meanings given to them in the Terms.
We process your data in accordance with Applicable Laws, including the General Data Protection Regulation (the “GDPR”). Please read this Privacy Policy carefully. By using, accessing, or downloading any of the Falcon Services, you agree to the collection, use, and disclosure of your information as described in this Privacy Policy. If you do not agree to this Privacy Policy, please do not use, access, or download any of the Falcon Services. ### 2. Information collection When you register for an Account, access, or use the Falcon Services, we may collect (directly or through third-party providers) various types of information about you from a variety of sources. This includes information provided during “Know Your Customer” (“KYC”) and Anti-Money Laundering (“AML”) processes, as well as data generated through your transactions on the Platform. Specifically, we may collect: a. Basic Information: name, address, date of birth, nationality, country of residence, phone number, email address; b. Identification Information: utility bills (or other proof of address), photographs, government-issued identification (such as identification cards, passports, driver’s licenses, etc.), tax ID number, employment information, proof of residency, visa information, organizational documents, and information regarding ultimate beneficial owners; c. Financial Information: income/net assets/wealth verification statements, transaction history, and any other relevant financial data; d. Blockchain Information: publicly available blockchain data, such as wallet addresses, transaction history, holdings, purchases, sales, or transfers of tokens, which may subsequently be associated with the information you provide to us; and e. Technical Information: log files, IP addresses, browser type, operating system, and usage data collected automatically when you interact with the Platform. ### 3. Legal Bases for Processing Personal Data We process your personal data under the following legal bases permitted by GDPR: a. Contractual Necessity: To provide the Falcon Services and fulfill contractual obligations, such as verifying your identity during KYC/AML procedures (Art. 6(1)(b) GDPR); b. Legal Obligations: To comply with legal and regulatory requirements, including financial regulations, AML laws, and tax obligations (Art. 6(1)(c) GDPR); c. Legitimate Interests: To ensure the security and stability of the Falcon Services, prevent fraud, improve our Services, and conduct limited promotional activities (Art. 6(1)(f) GDPR); and d. Consent: For activities that require your explicit consent, such as sending marketing communications (Art. 6(1)(a) GDPR). You can withdraw your consent at any time without affecting the lawfulness of prior processing. ### 4. Information use We use your information to provide, maintain, and improve the Falcon Services, to communicate with you, to comply with legal and regulatory requirements, and for other purposes as described in our Privacy Policy. Specifically, we use your data to: a. identify you as a User on our Platform; b. identify your place of residence, or registered office; c. provide access to and use of the Falcon Service; d. improve the administration of the Falcon Service and enhance your experience; e. provide customer support and respond to your requests and inquiries; f. investigate and address conduct that may violate the Terms; g. detect, prevent, and address fraud, violations of the Terms, and/or other harmful or unlawful activity; h. send you administrative notifications, such as security, support, and maintenance advisories; i. send you newsletters, promotional materials, and other notices related to our Services or third parties' goods and services; j. respond to your inquiries related to employment opportunities or other requests; k. comply with Applicable Laws, cooperate with investigations by law enforcement or other authorities of suspected violations of law, and/or to pursue or defend against legal threats and/or claims; and l. act in any other way we may describe when you provide the information. ### 5. Information Sharing We may share your information with third parties in certain circumstances for legitimate purposes. Such circumstances include: a. Service Providers: engaging blockchain analysis providers, KYC/AML service providers, data analytics vendors, and cloud service providers; b. Compliance with Laws and Regulations: complying with legal obligations, including cooperation with law enforcement, court orders, or regulatory investigations; c. Business Transactions: facilitating business transactions such as mergers, acquisitions, financing, bankruptcy proceedings, or asset sales, during which your information may be transferred as part of the transaction. If our business or assets are acquired by another entity, they will inherit the rights and responsibilities regarding your information as outlined in this Privacy Policy; d. Ensuring Compliance and Security: enforcing the Terms or ensuring the safety and security of the Platform and its Users; e. Affiliated Entities: sharing information with parent companies, subsidiaries, joint ventures, or other affiliated entities under common ownership, provided they adhere to this Privacy Policy; and f. Professional Advisors: disclosing information to professional advisors, including auditors, legal counsel, accountants, or KYC service providers. ### 6. Data Security We implement appropriate technical and organizational measures to protect your personal data from unauthorized access, alteration, disclosure, or destruction. These measures include: a. data encryption during transmission and storage; b. regular security audits and vulnerability assessments; c. access controls to limit data access to authorized personnel; and d. secure storage solutions for sensitive information. Despite our efforts, no security measures are perfect or impenetrable, and we cannot guarantee "perfect security." You are responsible for securing your digital wallets and keeping your account credentials confidential. In the event of a data breach, we will notify affected individuals and relevant authorities in accordance with Applicable Laws. ### 7. Data Retention We retain your information for as long as necessary to fulfill the purposes outlined in this Privacy Policy. Specifically: a. Account-Related Data: retained for as long as your account remains active; b. Regulatory Requirements: retained for the duration specified by legal and regulatory obligations (e.g., financial and AML requirements); and c. Dispute Resolution: retained as necessary to resolve disputes or enforce agreements. Once your data is no longer required for these purposes, we will delete or anonymize it. Note that blockchain data (e.g., transaction history) cannot be altered or deleted due to the immutable nature of blockchain technology. ### 8. Your Rights as Data Subject If you are in the European Economic Area (EEA) or other jurisdictions with similar data protection laws, you have the following rights under GDPR: a. Access: the right to request access to the personal data we hold about you (Art. 15 GDPR); b. Correction: the right to request correction of inaccurate or incomplete information (Art. 16 GDPR); c. Deletion: the right to request deletion of your personal data, subject to legal and regulatory retention obligations (Art. 17 GDPR); d. Restriction: the right to request restriction of processing in certain circumstances (Art. 18 GDPR); e. Portability: the right to request a copy of your data in a structured, commonly used, and machine-readable format (Art. 20 GDPR); f. Objection: the right to object to processing based on legitimate interests or for direct marketing purposes (Art. 21 GDPR); g. Withdrawal of Consent: the right to withdraw your consent at any time for activities requiring consent (Art. 7(3) GDPR); and h. Lodging Complaints: the right to lodge a complaint with a supervisory authority if you believe your rights have been violated. To exercise your rights or to learn more about our Privacy Policy, please contact us at . We may require additional information to verify your identity. ### 9. Cookies and Tracking Technologies We use cookies and similar tracking technologies to enhance the functionality of our Services, analyze usage patterns, and personalize your experience. These include essential, performance, and marketing cookies. You can manage your cookie preferences through your browser settings; however, please note that disabling cookies may limit certain features of the Falcon Services. Additionally, our Platform does not currently respond to "Do Not Track" signals from browsers. ### 10. Automated Decision-Making and Profiling You have the right to object to the processing of your data for purposes of profiling or automated decision-making that may have significant effects on you, as permitted under Applicable Laws, including Article 21 of the GDPR. If you believe your data is being processed in this way, you may contact us at to exercise your right to object or to request additional information. ### 11. International Transfers Your information may be transferred to and processed in countries outside of your jurisdiction, where data protection laws may differ. By using the Falcon Services, you consent to such transfers. We ensure that any such transfers comply with applicable data protection laws and implement appropriate safeguards. ### 12. Changes to Privacy Policy We may update our Privacy Policy from time to time. We will notify you of any significant changes by posting a notice on our website or through other appropriate means. Your continued use of the Falcon Services after any such changes constitutes your acceptance of the updated Privacy Policy. If you do not agree to any changes in the Privacy Policy, you must stop using the Falcon Services.