The Good Tech Companies - Falcon Finance And DeXe Protocol Announce Strategic Partnership With $10M Allocation For Closed Beta

Episode Date: February 19, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/falcon-finance-and-dexe-protocol-announce-strategic-partnership-with-$10m-allocation-for-closed-beta. ... 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 a Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #falcon-finance, #chainwire, #press-release, #falcon-finance-announcement, #blockchain-development, #crypto-funding, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Falcon Finance announces partnership with DeXe Protocol. DeXE has committed a $10 million allocation to Falcon Finance’s closed beta.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Falcon Finance and Dexie Protocol announced strategic partnership with $10M allocation for closed beta, by Chainwire. Dubai, UAE, February 19, 2025, Chainwire, asterisk Falcon Finance, the next-generation synthetic dollar protocol, is excited to announce its official partnership with Dexie Protocol with its highly-anticipated beta launch on Tuesday. Dexie 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,
Starting point is 00:00:46 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 Athena Yield Flow. In this phase, users can stake USDF to mint SUSDF and choose their preferreds taking 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 Dexie Protocol represents a significant milestone for both projects. Dexie, known for its decentralized governance solutions,
Starting point is 00:01:31 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. Greater than Andrei Grachev, managing partner at Falcon Finance, stated, We are thrilled greater than to welcome Dexi Protocol as our first strategic partner. Their commitment to greater than our beta launch, with a $10 million allocation, demonstrates confidence in our greater than model of sustainable synthetic dollar yield. This closed beta is a crucial greater than phase, allowing us to refine our platform with real user feedback before greater-than opening up to the broader crypto community.
Starting point is 00:02:13 Greater-than Serhii Kravchenko, Dexie protocol contributor, added. Falcon Finance is greater-than introducing a novel financial instrument setting new standards for stability greater-than in yield generation. The addition of Dexie as a robust blue chip asset is a greater than strong move that reinforces its foundation while unlocking new utilities for greater than both ecosystems. Greater than greater than, 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.
Starting point is 00:02:55 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 Dexidap, an intuitive no-code interface for managing DAOs, token sales, asset tokenization, and more. Dexie simplifies decentralized governance,
Starting point is 00:03:37 making it efficient, accessible, and transparent. Contact CMO Roman Melniker.Melnik at Dexie.network. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here, and thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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