Falcon Finance updates its white paper, adopting a dual-token model USDf and sUSDf, with a TGE circulation of approximately 2.34 billion

ChainCatcher news, according to market news, Falcon Finance has updated its white paper, introducing the synthetic dollar protocol and the $FF token. The protocol achieves yield through diversified strategies, utilizing a dual-token model (USDf and sUSDf), supporting both stablecoin and non-stablecoin collateral, and establishing an on-chain insurance fund to mitigate risks.

The $FF token has a fixed supply of 10 billion, with an initial circulating supply of approximately 2.34 billion at TGE, featuring governance and utility functions that can be used for proposals, voting, staking, etc. The distribution ratio includes 35% for the ecosystem, 32.2% for the foundation, and 20% for the team and contributors.

In terms of future plans, by 2025, it will expand fiat channels to regions such as Latin America, Turkey, the Middle East, and North America, launch gold redemption services in the UAE, and integrate tokenized government bonds with RWAs; by 2026, it will build an RWAs engine, expand gold redemption to the Middle East and Hong Kong, and launch institutional-grade USDf products and investment funds.