Falcon Finance and DeXe Protocol Announce Strategic Partnership with $10M Allocation for Closed Beta
Dubai, UAE, February 19th, 2025, Chainwire
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. DeXe has committed a $10 million allocation to Falcon Finance’s closed beta, reinforcing the long-term vision of 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, allowing 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 similar to Ethena’s yield flow.
In this phase, users can stake USDf to mint sUSDf and choose their preferred staking duration. Once staked, users can benefit from Falcon Finance’s institutional-grade yield generation strategies, which include funding rate arbitrage, and other institutional yield strategies.
The partnership between Falcon Finance and DeXe Protocol represents a significant milestone for both projects. DeXe, known for its decentralized governance solutions, enables its token holders to tap into Falcon Finance’s synthetic dollar ecosystem. This integration underscores Falcon Finance’s commitment to expanding collateral diversity while providing users with a secure and scalable synthetic dollar framework.
Andrei Grachev, Managing Partner at Falcon Finance, stated: “We are thrilled to welcome DeXe Protocol as our first strategic partner. 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 enable 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. 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.
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.