Falcon USD (USDf) is Falcon Finance's overcollateralized synthetic dollar. It's created when users deposit eligible collateral, including stablecoins like USDT, USDC, and non-stablecoin assets like BTC and ETH. The system ensures that the collateral's value always surpasses the USDf issued, maintaining stability. Managed through neutral market strategies, it guarantees full asset backing, minimizing the effects of market fluctuations.
You can view, swap, send and receive USDf tokens directly from your MEW Wallet. To receive your USDf tokens you can send them to your public wallet address. You can then view them in your MEW Wallet by selecting your wallet and selecting the token from the tokens list. You should see the USDf token information page. You can send your USDf tokens in your MEW Wallet by clicking the ‘Send’ button and entering the recipient’s wallet address. To swap your USDf tokens, you can click the ‘Swap’ button and choose which tokens you want to swap to. However, if the ‘Swap’ button is not active you will need to use a DEX to swap your tokens.