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Cryptocurrency News Articles

Falcon Finance and DeXe Protocol Announce Partnership Ahead of Beta Launch

Feb 19, 2025 at 10:00 pm

Falcon Finance, the next-generation synthetic dollar protocol, is excited to announce its official partnership with DeXe Protocol with its highly anticipated Beta Launch on Tuesday.

Falcon Finance and DeXe Protocol Announce Partnership Ahead of Beta Launch

Dubai, UAE, 19th February, Chainwire:

Falcon Finance, a next-generation synthetic dollar protocol, announces its official partnership with DeXe Protocol with its highly anticipated Beta Launch on Tuesday. DeXe has allocated an impressive $10 million to this closed beta, underscoring the shared vision for sustainable and competitive yield generation in the synthetic dollars ecosystem.

Starting this week, whitelisted wallets will gain exclusive access to Falcon Finance’s Beta Launch, enabling them to connect, mint, and stake Falcon Finance’s synthetic assets—USDf and sUSDf. This early access provides a select group of users with the opportunity to explore the protocol’s innovative staking mechanism, earning yield by locking their assets in a manner akin to Ethena’s yield flow.

In this phase, users can stake USDf to mint sUSDf and choose their preferred staking duration. Once staked, they will benefit from Falcon Finance’s institutional-grade yield generation strategies, including funding rate arbitrage and other strategies.

This partnership marks a significant milestone for both projects. DeXe, renowned for its decentralized governance solutions, will allow its token holders to tap into Falcon Finance’s synthetic dollar ecosystem. This integration aligns with Falcon Finance’s goal of expanding collateral diversity while offering users a secure and scalable synthetic dollar framework.

"We are thrilled to welcome DeXe Protocol as our first strategic partner,” said Andrei Grachev, Managing Partner at Falcon Finance. “Their commitment to our Beta Launch, with a $10 million allocation, demonstrates confidence in our model of sustainable synthetic dollar yield. This closed beta is a crucial phase, allowing us to refine our platform with real user feedback before opening up to the broader crypto community."

Serhii Kravchenko, DeXe Protocol Contributor, added: “Falcon Finance is introducing a novel financial instrument setting new standards for stability and yield generation. The addition of DeXe as a robust blue-chip asset is a strong move that reinforces its foundation while unlocking new utilities for both ecosystems.”

The closed beta will allow Falcon Finance’s development team to gather critical insights from early users, ensuring a seamless and secure user experience ahead of the public launch. Through this controlled rollout, Falcon Finance will further enhance its risk management framework, transparency measures, and institutional-grade yield strategies.

About Falcon Finance

Falcon Finance is a next-generation synthetic dollar protocol that preserves users’ multi-assets with industry competitive yields across any market conditions, setting a new standard in the industry, along with transparency, security, and institutional-grade risk management.

About DeXe

DeXe Protocol is an advanced infrastructure for creating and managing decentralized autonomous organizations (DAOs). It consists of a modular library of over 60 smart contracts that enable scalable and flexible governance, along with DeXe DApp—an intuitive no-code interface for managing DAOs, token sales, asset tokenization, and more. DeXe simplifies decentralized governance, making it efficient, accessible, and transparent.

Contact

CMORoman Melnyk [email protected]

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