Synthetic dollar protocol Falcon Finance has announced the Pilot Season of Falcon Miles, a rewards program designed to incentivize and recognize participants within the Falcon ecosystem. The initiative rewards users for core activities such as staking and minting tokens.
The Falcon Miles Pilot Season marks the first chapter of a program designed to evolve with its community. Participants earn Miles based on their activities within the Falcon app, with every $1 of value generating 1 Mile and capable of being amplified by action-specific multipliers.
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Miles are calculated and displayed daily, reflecting the previous day’s activity. Users can mint USDf through Falcon’s Classic or Innovative Mint, or alternatively purchase the token on DEXs or centralized exchanges like Bitfinex and WOO X. Additional rewards are available for staking USDf for sUSDf, restaking for Boosted Yield, or trading on Uniswap v3.
Falcon Miles are designed to incentivize participants who have contributed to the growth of the Falcon protocol. The program retroactively rewards liquidity providers who have seeded pools from day one, recognizing their critical role in supporting USDf adoption.
USDf is live on major Ethereum DEXes, including Uniswap v3, Curve, Balancer, PancakeSwap, and Bunni, and accessible via aggregators like CoW Swap, 1inch, and KyberSwap. Trading volume on Uniswap v3 is also eligible for daily Miles, further deepening liquidity.
To maximize uptake, Falcon’s referral program is designed to support community growth, offering up to 10% of a new user’s Miles to the referrer. Social tasks and community campaigns will unlock additional ways to earn Miles, which will play a central role in Falcon’s evolving ecosystem moving forward.
Pilot Season is just the beginning. Falcon Finance plans to introduce new reward opportunities, including yield tokenization, money markets, and bribe aggregators. The launch of Falcon Miles will catalyze adoption while rewarding existing users of Falcon Finance, whose synthetic dollar protocol now has a TVL of over $650M with a USDf supply of $560M.
Falcon Finance is a next-generation synthetic dollar protocol. Preserving users’ multi-assets with industry competitive yields across any market conditions, it sets a new standard in the industry, along with transparency, security, and institutional-grade risk management. Learn more: https://falcon.finance/
