According to Foresight News, Andrei Grachev, the Executive Partner of DWF Labs, responded regarding the reserve situation and income sources of Falcon Finance (USDf), a stablecoin project under DWF Labs. He stated that the reserve assets consist of approximately 89% stablecoins and BTC (around $565 million), with Altcoins accounting for about 11% (around $67.5 million). The reserve assets have been audited, and the current over-collateralization rate is 116%. In terms of yield, the protocol's income is composed of: 44% from basis trading, 34% from arbitrage trading, and 22% from staking.
Foresight News previously reported that the Falcon Finance stablecoin USDf temporarily de-pegged, dropping to $0.9, but has since recovered to $0.98.
