JE Labs founder Evie mentioned a new opportunity in this interview with DWF Labs founder Andrei, which is:@ FalconStable ， This project's test network has only been open for one day, and the TVL has reached 25 million US dollars, showing a trend of great achievements. ✅ Falcon Closed Test Network: Rewards&Participation Methods 🔹 Reward Pool: $10 million (with funding support from DeXe) 🔹 Participation conditions: White list system 🔗 Whitelist application: https://docs. (google.com)/forms/d/e/1FAIpQLScC1nAS1WoyAfZQwa0IQs3kShb4qNN8shPC_TfaYzvtUo2UWQ/viewform 🔸 Participation method: Casting value assets (such as USDT, FDUSD, USDC, NEAR, DEXE, ETH, BTC, SOL, etc.) into USDF, then pledging on the Falcon platform to generate sUSDF and NFT certificates. USDF and NFT can be traded on the secondary market. ✅ Falcon Finance project breakdown Evie's interview covered what Falcon Finance is, its purpose, and its business model. Let's further explore. Falcon Finance has close ties with DWF Labs, with Andrei being the founder and managing partner of Falcon Finance. Falcon Finance is designed as a revenue generating synthetic dollar project. This is a very attractive entry point, similar to RWA. But unlike RWA, there are currently no particularly outstanding products in this field. This may be related to DWF Labs' sensitivity to the market. They observed that many institutions and Web2 companies are gradually entering the cryptocurrency market, but they are only familiar with traditional financial products such as bonds and fixed income securities. These companies may seek assets similar to "synthetic dollars" in the cryptocurrency field when entering Web3. Falcon Finance was built to meet this market demand. It integrates the synthetic US dollar token USDf and the income based stablecoin sUSDf, connecting the entire Falcon ecosystem. Users can use a variety of stable assets (such as BTC and ETH) and highly liquid altcoins for minting. When users pledge their synthetic US dollars (USDf), they can obtain USDf with a return of approximately 15% -20%. If the user locks the pledged USDF for a period of time, your earnings will increase accordingly, depending on the length of the lock. In addition to profits, hedging generates an NFT that can be traded on the secondary market. Due to their association with liquid assets and earnings, these NFTs have value in the secondary market and can provide instant liquidity. The Falcon testnet has only been available for 2 days, and currently the TVL has reached $25 million. Falcon has partnered with the certified custodian CEFFU to ensure that pledged assets are stored in institutional level custodial wallets or multi signature wallets. ✅ Falcon Finance Planning As Andrei said, "Falcon is not just a profit oriented stablecoin“ Although testnet is currently focused on DeFi staking, this is only the first step in attracting market attention. Their broader vision is to provide a one-stop solution for DeFi and traditional financial users, helping them enter or exit the cryptocurrency market. Users can tokenize real assets, mint synthetic US dollars, and then pledge them to earn profits, and increase their investment exposure in the cryptocurrency field by trading the pledged assets. This is easier to understand, for example, tokenized stocks, where users can deposit the tokenized stocks into Falcon to mint USDf. Afterwards, it can be used to enter DeFi markets or cryptocurrency exchanges for trading, and vice versa.