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DWF Labs Partner: Stablecoins and BTC account for 89% of USDf reserve assets, with a current over-collateralization rate of 116%.
Odaily News In response to the community's doubts regarding the reserve situation and income sources of the stablecoin project Falcon Finance (USDf) under DWF Labs, DWF Labs Executive Partner Andrei Grachev posted a response on X. The reserve assets of USDf consist of stablecoins and BTC, accounting for approximately 89% (around 565 million USD), while altcoins account for about 11% (around 67.5 million USD). The reserve assets have been audited, and the current over-collateralization rate is 116%. In terms of yield, the composition of protocol income is as follows: basis trading income accounts for 44%, arbitrage trading income accounts for 34%, and staking income accounts for 22%. According to previous reports, Falcon Finance's stablecoin USDf briefly decoupled, dropping to 0.8799 USD, and has now rebounded to 0.9905 USD.