According to ChainCatcher, Andrei Grachev, Executive Partner of DWF Labs, responded to the "temporary depegging of stablecoin USDF". The USDF stablecoin and BTC collateral account for approximately 89% (about $565 million), while Altcoins account for about 11% ($67.5 million). The reserve overcollateralization rate is 116%, and each USDF minted must be backed by stablecoins without directional risk or equivalent hedged positions.
In terms of yield, the protocol revenue is composed as follows: basis trading revenue accounts for 44%, arbitrage trading revenue accounts for 34%, and staking revenue accounts for 22%.
It is reported that the stablecoin USDF from Falcon Finance temporarily depegged to $0.9432 and is currently reported at $0.9893, still in a slightly depegged state. USDF is a stablecoin launched by Falcon Finance, which is supported by DWF Labs.
