DWF enters the stablecoin track, synthesizing US dollars with similar properties to Ethena, and adopts a delta neutral strategy. In addition, it has also added some diversification strategies, such as arbitrage between exchanges, cex, and dex, supporting non stablecoin assets to expand its sources of income. In short, the funds are handed over to it, which yields and feeds back to the stablecoin's yield. The future goal is to expand to RWA asset tokenization, such as: By tokenizing stocks, on chain users can deposit the tokenized stocks into Falcon @ FalconTable to mint stablecoins for on chain DeFi use, enabling them to participate in DeFi revenue activities on the chain while holding stocks, completing the connection between on chain and off chain assets. In terms of security, they are all similar, including custody, multiple signatures, and regular public reserve reports. RWA can be considered a differentiation, but if this market runs smoothly, there will definitely be a large number of peers coming in to do it. It is still worth looking forward to how this will go in the future. At present, Falcon is in the closed testing phase with approximately 25M TVL, and whitelist users need to deposit, so there is no actual testing. We will wait for the main network to go live to see.