DWF Labs Partner: Stablecoins and BTC account for 89% of USDF reserve assets, and the current excess collateral ratio is 116%
Odaily News In response to the communitys questions about the reserve status and revenue sources of Falcon Finance (USDf), a stablecoin project under DWF Labs, Andrei Grachev, executive partner of DWF Labs, responded in a post on X.
Among USDfs reserve assets, stablecoins and BTC account for about 89% (about US$565 million), and altcoins account for about 11% (about US$67.5 million). The reserve assets have been audited and the current over-collateralization ratio is 116%.
In terms of yield, the composition of the agreement income is as follows: basis trading income accounts for 44%, arbitrage trading income accounts for 34%, and pledge income accounts for 22%.
According to previous news, Falcon Finances stablecoin USDf was temporarily unpegged, falling to $0.8799, and has now rebounded to $0.9905.
También te puede interesar
Ganadores
Últimas noticias sobre criptomonedas
「Buddy」 Enters Swing Trading Mode, Engaging in Ethereum Buy High, Sell Low Strategy and HYPE Longs
BlackRock Address Received 16,629 ETH and 300 BTC in the Last 10 Minutes
OpenSea's CMO Denies Alleged Coinbase Leak of OpenSea ICO Information
An entity has claimed 20% of the IRYS airdrop through a cluster of 900 wallets, and has already sold $4 million worth.
Solana Ecosystem Meme Coin WOJAK Market Cap Surpasses $60 Million Briefly, Surging Over 38% in 24 Hours
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y MM:[email protected]
Programa VIP:[email protected]