Falcon Finance updates its whitepaper, adopts a dual-token model with USDf and sUSDf, and the TGE circulating supply is approximately 2.34 billions.

According to ChainCatcher, market sources report that Falcon Finance has updated its whitepaper, introducing its synthetic dollar protocol and $FF token. The protocol achieves yield through diversified strategies, adopts a dual-token model (USDf and sUSDf), supports both stablecoin and non-stablecoin collateral, and features an on-chain insurance fund to mitigate risks.

The $FF token has a fixed supply of 10 billions, with an initial TGE circulation of approximately 2.34 billions. It serves governance and utility functions, such as proposals, voting, and staking. The allocation includes 35% for the ecosystem, 32.2% for the foundation, and 20% for the team and contributors, among others.

In terms of future plans, in 2025, the fiat on-ramp will be expanded to regions such as Latin America, Turkey, the Middle East, and North America. A UAE gold redemption service will be launched, and tokenized government bonds and RWAs will be integrated. In 2026, an RWAs engine will be built, gold redemption will be expanded to the Middle East and Hong Kong, and institutional-grade USDf products and investment funds will be introduced.