DWF Labs Partner: Stablecoins and BTC account for approximately 89% of USDf's reserve assets, while altcoins account for approximately 11%.

DWF Labs' Managing Partner, Andrei Grachev, responded to questions regarding the reserve status and source of income for Falcon Finance (USDf), a stablecoin project under DWF Labs, stating that stablecoins and $BTC account for approximately 89% of USDf's reserve assets (approximately $565.00 million), and altcoins account for approximately 11% (approximately $67.50 million). The reserve assets have been audited, and the current over-collateralization rate is 116%. In terms of yield, the protocol's yield composition is as follows: basis trading yield accounts for 44%, arbitrage trading yield accounts for 34%, and staking yield accounts for 22%. [Foresight News]