Falcon Finance | Don't let BTC or altcoins sleep. Highly efficient asset management with synthetic dollar USDf

In the ever-evolving world of decentralized finance (DeFi), a noteworthy project called Falcon Finance emerged in April 2025. It aims to fundamentally reassess how synthetic assets and yield generation work, bringing stable high yields to a broader audience. It has shown phenomenal growth since its launch, breathing new life into the DeFi market.

First of all, what is a "synthetic dollar"? And why is it "next-generation"?

A "synthetic dollar" is a type of crypto asset designed to track the value of the US dollar. While well-known stablecoins like USDT and USDC are backed by actual fiat currency reserves to guarantee their value, synthetic dollars utilize crypto asset collateral, advanced algorithms, derivatives (financial derivative products), etc., to maintain value stability. This is expected to enable more efficient fund management and the development of unprecedented financial products within the DeFi world.

The reason Falcon Finance is dubbed "next-generation" lies precisely here. It addresses the challenges faced by conventional synthetic dollar protocols, such as "unstable yields in certain market conditions" and "limited yield strategies." It aims to overcome these and provide more sustainable and attractive yield opportunities.

The Core of the Project: Why Does Falcon Finance Pursue "Stable High Yields" and "Transparency"?

Challenges of Conventional DeFi Yields

Many DeFi projects, especially those related to synthetic dollars, could offer high yields when the market was bullish. However, once market conditions worsened (e.g., prolonged negative funding rates, extremely low market volatility), yields often plummeted or became unstable. This was because their revenue sources were skewed towards specific strategies (e.g., positive basis spread or funding rate arbitrage in delta-neutral strategies).

Falcon Finance's Innovative Approach

Falcon Finance tackles this challenge head-on.

1. Utilization of Diverse Collateral Assets: It accepts a wide range of crypto assets as collateral, including not only BTC and ETH but also promising altcoins.
2. Institutional-Grade Diversified Yield Strategies: Leveraging these diverse collateral assets, it executes sophisticated and diversified yield strategies resilient to market environment fluctuations. This aims to provide sustainable high yields that are less susceptible to specific market conditions.
3. Preservation of Principal Value and Stable Returns: Beyond merely aiming for high yields, Falcon Finance prioritizes protecting the principal value of users' precious deposited assets while generating stable and competitive returns.

Transparency Leads to a Trustworthy DeFi Ecosystem

Falcon Finance aims for a transparent decentralized financial world that anyone can use with peace of mind. With the mission to "unlock the true yield potential of digital assets for users and institutions" and "prioritize user returns and sustainable growth," it actively discloses its operational status and risk management system. It believes this transparency is what builds user trust and underpins sustainable growth.

It champions the grand vision of "creating a transparent, secure, and sustainable synthetic dollar to drive global innovation and empower users to maximize their financial potential." This extends beyond mere platform operation to encompass contributions to the entire DeFi ecosystem. For instance, the partnership with major wallet provider HOT Wallet is the first step in bringing Falcon Finance's services to over 30 million retail users, truly embodying this vision. Falcon Finance positions itself as a "core component in the future of programmable finance," striving to establish a new standard in DeFi.

The Falcon Finance ecosystem primarily revolves around two proprietary tokens: "USDf" and "sUSDf."

1. Synthetic Dollar "USDf": Transforming Your Assets into US Dollar-Pegged Liquidity

USDf is an "over-collateralized" synthetic dollar pegged to the value of the US dollar, generated by the Falcon Finance protocol.

• Issuance Method (Minting):
  • Major crypto assets like Bitcoin (BTC) and Ethereum (ETH)
  • Promising altcoins such as Solana (SOL), Toncoin (TON), and Near (NEAR)
  • Existing stablecoins like USDT and USDC Anyone can issue (mint) USDf by depositing these wide-ranging digital assets as collateral.
• What is Over-Collateralization?: When stablecoins are used as collateral, USDf is generally issued at a 1:1 ratio. However, for BTC, altcoins, etc., which carry price fluctuation risks, an "over-collateralization" mechanism is employed. This is a safety measure where a slightly smaller amount of USDf is issued than the value of the deposited collateral, ensuring the USDf dollar peg is maintained even if the collateral value drops.
• Uses of USDf:
  • Store of Value: As it's US dollar-pegged, it serves as a temporary safe haven during high market volatility.
  • Medium of Exchange: Exchangeable for other crypto assets on compatible DEXs (Decentralized Exchanges) and CEXs (Centralized Exchanges).
  • DeFi Operations: Explore new investment opportunities using USDf while continuing to hold the original assets (like BTC). It is already tradable on major DEXs like Uniswap, Curve, and Balancer, and CEXs like Bitfinex and WOO X. Notably on WOO X, a "looping strategy" is proposed where USDf is exchanged for USDT, and that USDT is redeposited into Falcon Finance to mint more USDf, thereby boosting yield while mitigating risk.

2. Yield-Bearing Token "sUSDf": Enjoy High Yields Just by Holding

sUSDf is a "yield-bearing token" obtained by staking (depositing) USDf.

• Mechanism: When you deposit USDf into Falcon Finance's dedicated staking contract, sUSDf is issued as proof. Simply holding this sUSDf allows you to receive the yield generated by Falcon Finance through various strategies.
• Source of Yield: Profits earned by the protocol are distributed to the staking pool, thereby increasing the USDf value per sUSDf. In other words, even if the amount of sUSDf you hold doesn't change, it can be exchanged for more USDf over time, effectively paying out interest (adopting the ERC-4626 standard).
• Actual Yield: It fluctuates with market conditions, but an actual Annual Percentage Yield (APY) of around 10%–15% has been reported.
• Even Higher Yields! "Boosted Yield NFTs": There's also a mechanism called "Boosted Yield NFTs" where you can lock up sUSDf for a certain period (e.g., 3 months, 6 months) for re-staking to earn a "boosted yield" higher than regular sUSDf. This NFT is a digital certificate (ERC-721 standard) proving your lock-up status.

Why Are High Yields Possible? The Secret to Falcon Finance's Diverse Yield Strategies

One of Falcon Finance's greatest strengths is its sophisticated and diverse yield strategies, setting it apart from conventional DeFi protocols. By not relying on a single strategy and combining multiple revenue sources, it pursues stable and sustainable high yields resilient to changes in the market environment.

• Strategic Utilization of Broad Collateral Assets: It accepts not only stablecoins like USDT and USDC but also diverse altcoins such as BTC, ETH, and even SOL, TON, and NEAR as collateral. This allows it to capture niche yield opportunities typically hard to access, such as staking opportunities unique to each altcoin, interest rate differentials in lending markets, and funding rate fluctuations.
• Dynamic Collateral Management: Deposited collateral is dynamically allocated and adjusted by AI and other systems analyzing real-time market liquidity and risk, ensuring it is managed most efficiently and safely.
• Negative Funding Rate Arbitrage: Typically, when funding rates (position maintenance fees in perpetual futures markets) are negative (short side pays fees to the long side), basic strategies find it hard to profit. However, Falcon Finance incorporates advanced strategies (negative funding rate arbitrage) that earn funding fees by shorting the spot asset while taking long positions in perpetual futures even in such pessimistic market phases.
• Cross-Exchange Arbitrage: It instantly captures minute price differences occurring between multiple exchanges (CEXs & DEXs) and executes arbitrage trades to earn profits, utilizing institutional-grade trading infrastructure.
• Basis Spread Trading: It also generates revenue from trades utilizing the difference (basis) between spot and futures prices.
• Native Staking Returns: Especially when altcoins are used as collateral, the staking rewards obtained by operating these assets on their respective blockchain's official staking platforms also become part of the yield.

By skillfully combining these strategies, Falcon Finance significantly reduces its dependence on specific market conditions. It builds what could be called an "all-weather" revenue structure, enabling it to aim for stable yield provision even in situations where many DeFi protocols struggle. This is a clear advantage compared to, for example, other synthetic dollar protocols heavily reliant on ETH staking yields or positive funding rates.

Behind Falcon Finance's stability and profitability lies a meticulous technical design aimed at protecting user assets and enhancing the protocol's sustainability.

1. "Over-Collateralization" Protects USDf's Value

The stability of USDf's value (≈ 1 US dollar) is primarily reinforced by the principle of "over-collateralization." All issued USDf is backed by collateral assets exceeding its value. Particularly when collateralizing volatile assets like BTC or ETH, an "Over-Collateralization Ratio (OCR)" is applied (OCR = Initial Value of Collateral / Amount of USDf Issued > 1), which limits the amount of USDf issued relative to the deposited collateral value. This ensures a sufficient buffer to maintain USDf's peg (to $1) even if the collateral value declines.

Two Methods of USDf Issuance: "Classic Mint" and "Innovative Mint"

• Classic Mint:
  • When collateralizing with stablecoins (USDT, USDC, etc.): USDf is generally issued at a 1:1 ratio.
  • When collateralizing with non-stablecoins (BTC, ETH, etc.): USDf is issued based on the over-collateralization ratio mentioned above. The buffer secured as over-collateralization may be returned to the user upon redemption, depending on market conditions.
• Innovative Mint (Advanced Users): A more flexible issuance method involving elements like fixed-term deposits and pre-set price parameters. Liquidation thresholds for protocol protection also seem to be set, but detailed logic is currently limited in its public disclosure.

2. Yield-Bearing Token "sUSDf" and Transparent Yield Distribution

sUSDf is issued by staking USDf and acts like an entry ticket to the protocol's yield-generating pool. The sUSDf contract adheres to "ERC-4626," a standard for yield-bearing vaults (like automated investment safes) in DeFi. This allows for very smooth integration and composability with other DeFi protocols.

Yields obtained by the protocol from various strategies (arbitrage, funding rate utilization, etc.) are distributed to the staking pool through a transparent process. This causes the relative value of sUSDf to USDf to increase over time. The yield you receive is basically calculated by the following formula:

Your Yield = (Amount of USDf You Staked / Total USDf Staked) × Total Distributed Yield

Furthermore, by locking up sUSDf for a specific period and re-staking, you can receive a special NFT (Non-Fungible Token, ERC-721 standard) called "Boosted Yield NFTs" and have a chance to earn a boosted yield higher than usual. This fixed-term lock-up also helps Falcon Finance execute certain time-sensitive yield strategies (e.g., fixed-term derivative trades) more effectively.

3. Ironclad Mechanisms to Maintain USDf's Dollar Peg

There isn't just one mechanism to ensure USDf consistently maintains a value around 1 US dollar. Multiple lines of defense are in place.

• Delta-Neutral Strategies and Arbitrage: Deposited collateral assets are managed on both CEXs (Centralized Exchanges) and DEXs (Decentralized Exchanges), employing "delta-neutral strategies" to minimize price fluctuation risks and "arbitrage" utilizing inter-market price differences. This rigorously manages collateral asset price volatility to prevent direct impact on USDf's dollar value.
• Over-Collateralization: As mentioned repeatedly, this is the most fundamental bastion for peg maintenance.
• Liquidation Mechanism: If the market fluctuates extremely significantly and there's a risk of collateral value falling below a certain line, a mechanism automatically sells (liquidates) a portion of the collateral assets to protect USDf's backing.
• Insurance Fund: To prepare for contingencies, the protocol maintains its own "Insurance Fund." This fund is envisioned to cover periods of temporarily zero or negative yield or to act as a "buyer of last resort" if USDf significantly de-pegs during market turmoil. This further enhances user protection and protocol stability.

4. Underlying Technology and Future Outlook: From Ethereum to Multi-Chain

Currently, Falcon Finance primarily operates on the Ethereum mainnet, and its smart contract addresses are public.

In the future, it has been explicitly stated that "cross-chain deployment and integration of new collateral assets are underway." Plans are progressing to support blockchains other than Ethereum and to accept an even wider variety of crypto assets as collateral. This will enable more users to benefit from Falcon Finance from different blockchain ecosystems. Specific target chains and timelines are yet to be determined but should become clear as the project grows.

In the DeFi world, security is the cornerstone of trust. Falcon Finance implements the highest conceivable level of security measures to protect user assets.

• Rigorous Audits by Third-Party Organizations: The smart contracts, which are the heart of the protocol, undergo thorough audits by independent third-party security specialist firms. Initial audits were conducted by the highly reputable Zellic (March 2025) and Pashov Audit Group (February 2025). These audit reports are publicly available on the official website for anyone to review. Regular audits are planned for the future to ensure ongoing safety.
• Institutional-Grade Custody System: The majority of user-deposited collateral assets are securely stored in MPC (Multi-Party Computation) technology-based wallets through partnerships with custodians boasting top-tier security, such as Fireblocks and Ceffu, which are used by institutional investors. Key assets are held in settlement accounts external to exchanges, with actual trades mirrored (reflected) on major CEXs like Binance and Bybit. This significantly reduces "counterparty risk" – the risk of an exchange itself suffering a hacking incident or becoming insolvent.
• Ironclad Risk Management System: Risks are constantly monitored by a "dual shield" combining an automated real-time monitoring system and manual monitoring by an experienced team of experts. Upon detecting sudden market fluctuations, active and swift risk responses are taken, such as strategically adjusting or closing positions.
• Ensuring Thorough Transparency: Through a real-time updated dashboard, the protocol's Total Value Locked (TVL), USDf and sUSDf issuance/staking status, detailed composition of reserves (breakdown of stablecoins, major crypto assets, altcoins, etc.), current APY (Annual Percentage Yield), and total distributed yield to date are all publicly disclosed. Furthermore, quarterly Proof of Reserve (POR) attestations and the issuance of assurance reports compliant with the international assurance standard ISAE3000 are planned. Such thorough transparency provides users with absolute peace of mind.
• Insurance Fund as a Safety Net: As mentioned earlier, an on-chain (verifiable on the blockchain) insurance fund acts as an additional safety net in case of unexpected risks or losses, protecting user assets.
• Publication of Smart Contract Addresses: All major contract addresses are publicly disclosed, allowing technically proficient users to verify the code themselves.

These multi-layered and thorough security measures are proof that Falcon Finance is not merely an experimental project but deeply recognizes its responsibility as a financial platform entrusted with user assets. In particular, its aim to create an environment where institutional-level funds can be managed safely sets it apart from many other DeFi protocols.

Among the numerous synthetic dollar protocols and DeFi lending platforms, why is Falcon Finance garnering so much attention and being chosen? The reason lies in its distinct strengths and uniqueness.

Industry-Leading Diversity of Collateral Assets and "All-Weather" Advanced Yield Strategies That Leverage Them:

• While many projects limit collateral to ETH or a few stablecoins, Falcon Finance actively accepts BTC, ETH, plus a diverse range of promising altcoins like SOL, TON, and NEAR as collateral.
• This enables the capture of unique staking yields inherent to these altcoins and special profit opportunities in specific market conditions (e.g., when funding rates trend negative, a scenario where traditional strategies struggle), such as negative funding rate arbitrage.
• This strategic diversity—"pursuing profit opportunities in any market environment"—provides overwhelming stability and sustainability compared to many competitors reliant on a single revenue source.

Commitment to Thorough Transparency, Not Just "For Show":

• The credibility of a DeFi project stems from transparency. Falcon Finance publishes a detailed, real-time updated "Transparency Page." Anyone can check the reserve composition, collateral ratios, custody status by custodian, and on-chain liquidity pool/staking pool status at any time.
• Furthermore, it promises to publish reports from independent audit firms like Zellic and Pashov Audit Group, as well as quarterly Proof of Reserves. A project that allows users to objectively verify its soundness to this extent is rare and could become a new industry standard.

Institutional Investor-Grade: Top-Level Risk Management and Security Standards:

• There's no compromise on security when handling valuable assets. A dual risk management system of automated monitoring and expert teams, asset management in MPC wallets via partnerships with top-tier custodians like Fireblocks and Ceffu, minimization of counterparty risk through an off-exchange settlement structure, and an insurance fund for unexpected losses.
• These are all evidence of aiming for extremely high security standards, suitable for institutional investors to confidently entrust their funds.

Strong Backing and Strategic Ecosystem from Industry Giant "DWF Labs":

• Falcon Finance receives extensive support from "DWF Labs," a highly influential market maker and investment firm in the crypto industry, not only in funding but also in strategy, networking, and liquidity provision. Andrei Grachev, Managing Partner of Falcon Finance, also serves as a Partner at DWF Labs, indicating a strong collaboration between the two entities.
• This backing has enabled a series of strategic partnerships with leading platforms like WOO X, Pendle, and HOT Wallet immediately after launch, expanding the use cases and reach of USDf and sUSDf at an astonishing pace. This driving force for ecosystem expansion can also be attributed to the presence of DWF Labs.

These factors intertwine complexly, elevating Falcon Finance from a mere synthetic dollar issuance protocol to a next-generation yield generation platform that achieves both "high reliability" and "sustainable high yields." In particular, its ambitious attempt to combine innovative yield strategies utilizing diverse altcoins as collateral with institutional-grade security and transparency perfectly meets the needs of a user base seeking maturity in the DeFi market.

Falcon Finance has achieved remarkable results in a short period since its launch, and its momentum shows no signs of slowing. While a detailed, dated roadmap has yet to be officially released, its exciting future can be discerned from project announcements, past activities, and the whitepaper.

Short-to-Medium-Term Goals: Accelerating Growth and Rapid Ecosystem Expansion

• Phenomenal Initial Growth: Just two weeks after its public launch at the end of April 2025, by mid-May, the circulating supply of USDf surpassed $350 million! During the closed beta period, TVL (Total Value Locked) exceeded $200 million, and as of May 22, over $410 million in assets were reported locked, garnering enthusiastic market support.
• Further Liquidity Expansion: Maintaining this growth momentum and making USDf and sUSDf available on more DEXs (Decentralized Exchanges) and CEXs (Centralized Exchanges) is a crucial near-term objective.
• Strengthening User Engagement: Expanding the "Falcon Miles" program to incentivize user activity and invigorate the community is key.
• Driving Strategic Partnerships: Actively pursuing large-scale partnerships like HOT Wallet (access to over 30 million retail users) and integrating with other DeFi protocols and general user-facing platforms to explosively expand the Falcon Finance ecosystem.

Long-Term Vision: Building a New Foundation for DeFi

Falcon Finance does not consider itself just another application.

• "Building a robust foundation for synthetic digital dollars."
• "Becoming a core component in the future of programmable finance."
• "Laying the rails for the foundation of crypto capital markets."

These powerful words clearly indicate a grand, long-term ambition to establish leadership in the synthetic dollar market and drive DeFi innovation broadly. The goal is to set new industry standards in the synthetic asset space and create a future where everyone can enjoy its benefits.

Cross-Chain Deployment and New Collateral Assets: Towards Infinite Possibilities

It has been officially announced that "cross-chain deployment and integration of new collateral assets are underway." The whitepaper also indicates a policy of accepting diverse altcoins as collateral, with plans to continuously add supported collateral assets while assessing market liquidity and token potential. This will enable users on blockchains other than Ethereum to utilize Falcon Finance and effectively leverage an even wider variety of assets. Specific target blockchains and detailed timelines are awaited in future announcements.

Governance Token Introduction and Community-Led Future: You Can Participate in Operations!

Andrei Grachev, the founder of Falcon Finance, has revealed plans to launch a governance token in the future! This governance token is expected to play crucial roles such as:

• Community participation in protocol operation (governance)
• Incentivizing active user participation and contribution to the protocol
• Ensuring the long-term sustainability of the protocol

The currently implemented "Falcon Miles" points program is highly likely to be the most crucial step towards this future governance token distribution (airdrop). Awarding points to users who actively use and contribute to the protocol from an early stage, and then allocating governance tokens based on these points, is a very common method for DeFi projects to form communities and decentralize operations.

The introduction of this governance token will be a significant milestone for Falcon Finance as it moves towards a more decentralized future, growing together with its community.

The project's rapid development pace to date, a succession of strategic partnership announcements, and a clear hunger for growth strongly suggest that Falcon Finance has the potential to establish a firm position in the DeFi market and lead the industry. In particular, the "Falcon Miles" program and the future governance token will undoubtedly play a central role in dramatically increasing user engagement and fostering a strong, active community.

Falcon Finance offers tangible value and unprecedented attractive opportunities for various individuals involved in crypto assets.

For Investors: Turn Dormant Assets into a Source of Stable High Yield

• Sustainable High Yield: Through a stable US dollar-pegged asset (sUSDf obtained by staking USDf), you can potentially earn competitive yields of around 10%-15% APY (actual, varies with market conditions) with relative stability.
• Secure Liquidity & Additional Income Without Selling Assets: Issue USDf without selling your valuable BTC, ETH, various altcoins, or stablecoins. Maintain exposure to the price of your original assets (opportunity for appreciation gains) while securing US dollar-denominated liquidity and using it as a source for new profit opportunities (such as sUSDf staking yield).
• Access to Advanced Income Strategies: Options for pursuing more advanced and attractive income are available, such as the extra yield from "Boosted Yield NFTs" obtained by re-staking sUSDf for a fixed period, or "looping strategies" utilizing USDf on partner platforms like WOO X.

For Developers and Other Project Operators: The Ultimate Treasury Management Tool

• Effective Treasury Management: USDf and sUSDf offered by Falcon Finance can be a highly effective treasury (asset holdings) management solution for other crypto asset projects and DAOs (Decentralized Autonomous Organizations). Projects can stabilize the value of their reserves as USDf and earn continuous yield by staking it as sUSDf, enabling efficient asset utilization and long-term growth.
• Utilization in the DeFi Ecosystem: sUSDf is also integrated into other advanced DeFi yield protocols like Pendle, allowing it to be incorporated into further yield optimization strategies. Opportunities are also open to build USDf or sUSDf liquidity pools on DEXs and earn fee income as a liquidity provider.

For General Users: Making DeFi More Accessible and Safer

• Institutional-Grade Strategies, For You: Falcon Finance aims to open access to advanced yield strategies, previously available only to some experts and institutional investors, to a broader range of general users.
• Pursue Yield with Relatively Low Risk: Since yield is earned based on USDf, a relatively stable US dollar-pegged asset, it can be easier to understand the risks and start with more confidence compared to directly farming (operating) highly volatile crypto assets.
• A New Gateway to DeFi: Partnerships with retail-focused platforms like HOT Wallet, which has millions of users, mean that general users can start using Falcon Finance services more easily and safely, opening a new door to the world of DeFi.
• Learning Opportunity: It provides an excellent opportunity to learn through practice about concepts that may become common financial knowledge in the future, such as synthetic assets, over-collateralization, and diverse DeFi yield strategies.

What many readers are most interested in is the possibility of a Falcon Finance governance token airdrop (free distribution). In conclusion, the possibility is considered very high!

Why is an airdrop expected?

• Founder's Statements: The founder of Falcon Finance has reportedly announced plans to launch a governance token in the future.
• Existence of the Falcon Miles Program: This is the most direct and crucial key to airdrop participation. Falcon Miles is a program that visualizes users' contributions to the protocol with points called "miles."
• DeFi Industry Practice: It is now common practice for new DeFi projects to airdrop governance tokens to early contributors and active users for community building and transitioning to decentralized governance.

What specific actions should you take right now to maximize your chances of an airdrop?

1. Visit the Falcon Finance Official Website!
   • First, access the Falcon Finance official application (app.falcon.finance) and connect your wallet.
2. Mint (Issue) USDf!
   • Collateralize your crypto assets (BTC, ETH, SOL, TON, NEAR, USDT, USDC, etc. – check the app for the supported list) to issue USDf. The more you mint, the more Falcon Miles you might earn.
3. Stake USDf to Get & Hold sUSDf!
   • Stake the minted USDf into the protocol to obtain the yield-bearing token sUSDf. This allows you to earn stable high yields (actual APY 10-15%) while also accumulating Falcon Miles points. Holding sUSDf for a longer period might also be important.
4. (For Advanced Users) Consider Boosted Yield NFTs Too!
   • If you're aiming for higher yields and potentially an additional point boost, consider locking up sUSDf for a certain period to re-stake and obtain "Boosted Yield NFTs" (however, do so after understanding risks like the inability to withdraw funds during the lock-up period).
5. Check the "Miles" Page Daily!
   • Regularly check the "Miles" page within the Falcon Finance app. Understand which activities are currently eligible for points, what the point multipliers (boost rates) are for each activity, and act strategically. Eligible activities and multipliers may change.
   • It has been suggested that past activities might be retroactively evaluated (points awarded later), so early participation could be advantageous.
6. Follow Official Channels and Don't Miss Updates!
   • Be sure to join Falcon Finance's official X (formerly Twitter) account (@FalconStable), Discord server, Telegram channel, and other official communities. Constantly check for the latest information on governance tokens, Falcon Miles program updates, and campaign information. Important announcements are made through these channels.
7. (If You're an Influencer) Consider the Falcon Flyers Program Too!
   • If you are a creator, blogger, YouTuber, etc., and can promote the appeal of Falcon Finance, consider applying for the "Falcon Flyers" ambassador program. Referral rewards and special incentives are available.

When is the airdrop? How much will I get?

Currently, the specific timing of the governance token distribution, the amount to be distributed, and detailed eligibility criteria have not been officially announced. However, what can be said間違いなく is that active and continuous participation in the "Falcon Miles" program is the most certain and effective path to benefiting from a future airdrop.