Falcon Finance wallet

What is Falcon Finance (FF)?

FF is the native token of Falcon Finance, a protocol that turns deposited assets into USDf, an overcollateralized synthetic dollar. A user locks stablecoins, major tokens or tokenized real world assets as collateral, mints USDf against them, and can stake that USDf into sUSDf, the protocol's staked form of the dollar. FF sits one level above all of this: it is the governance and utility token of the protocol, not the dollar itself. Holding FF gives no exposure to the USDf peg, and holding USDf or sUSDf gives no FF. If you came to Falcon for the synthetic dollar, make sure the asset you are keeping is the one you meant.

On a wallet level FF is a plain ERC-20 style token with nothing exotic: no rebase, no balance that moves on its own, no token account to open. It lives as a standard contract on Ethereum and on BNB Smart Chain, and the version on each chain is a separate balance. Gas is paid in the native coin of whichever network you are on, ETH on Ethereum or BNB on BNB Smart Chain, so a little of that coin has to sit next to the FF. The protocol also lets FF be staked inside Falcon for tiered benefits within the platform; staked FF is held by the protocol's contracts, not in your wallet, until you unstake it.

One thing to watch: "FF" is a two-letter ticker that unrelated tokens have used before. Check the token you receive by its contract, not its symbol.

Supported networks in Tangem (2): Ethereum, BNB Smart Chain. Because the same address holds FF on more than one chain, the Tangem app keeps a separate balance for each network and shows which network an outgoing transfer uses before the card signs it. That gives you a moment to confirm the chain matches what the recipient expects, which is exactly the check a two-chain token like this one needs.