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USDf simply put
Connect to Yap2Fly first 👇
USDf is Falcon's own on-chain dollar. You can collateralize your coins, and it will mint them for you, preventing your coins from just sitting there.
There are quite a few things that can be pledged:
※ Stablecoins: USDT, USDC, DAI
※ Non-stablecoins: BTC, ETH, and some altcoins they have chosen.
The key point is that the collateral is over-collateralized! The value you put in must be higher than the USDf you take out, so even if the market fluctuates greatly, the USDf will not easily encounter problems.
Falcon uses these collateral assets to run neutral strategies, without betting on direction or making random moves, ensuring there are sufficient assets to support it, while also helping you earn a bit of profit!
In summary, USDf is:
No need to sell coins → Mortgage to mint USD → USD can be used → Mortgage assets help you earn returns
#KaitoYap @KaitoAI @FalconStable @ag_dwf #Yap # falconstable @lydiainweb3 #Yap2Fly $uSDf