Take Flight with Falcon Miles Pilot Season

From day one, we’ve made it clear that those who participate in the Falcon ecosystem will be rewarded. Today, Falcon Miles Pilot Season officially takes flight. This first chapter calls for a flock ready to go the distance, stretch their Miles, and soar with us.

Pilot Season sets the stage for what’s coming. It gives Falcon the runway to expand and evolve, while we learn from the flock and shape a journey that truly rewards those who believe.

Falcon Miles is built on the core activities live in the app. Every action has purpose. Every Mile is earned. If you’re using Falcon, you’ve already started stacking.

How Falcon Miles Work

For every $1 of value, you earn 1 Mile. Some actions have multipliers that boost your rewards.

Miles = USD value × action multiplier

Examples:

• Minting $10,000 worth of USDf via Classic Mint with non-stablecoins at 8x = 80,000 Miles
• Holding $10,000 USDf in your wallet for one day at 6x = 60,000 Miles

Miles are calculated daily and displayed based on the previous day’s activity.

Mint, Swap, Hold, Stake

Falcon Miles rewards you for core actions: minting, swapping, holding, and staking.

You can mint USDf directly via Classic or Innovative Mint, or simply buy it on DEXs like Uniswap and Curve, or CEXs like Bitfinex and WOO X. Holding USDf in your wallet earns passive Miles, while staking it for sUSDf accrues yield.

Go further by restaking sUSDf for Boosted Yield, the longer you commit, the more you earn.

Trading volume on Uniswap v3 now earns daily Miles based on how much you swap. So swaps aren’t just convenient, they’re rewarding too.

Rewards Flow Where Liquidity Grows

Falcon goes beyond just minting, swapping, holding, and staking. As the ecosystem expands, so does our commitment to reward the wider DeFi community. For the yield hunters and loopers pushing for more, Pilot Season is where it begins.

To grow USDf adoption, a key priority is deepening liquidity across secondary markets.

For our earliest LPs who helped seed the pools when it mattered most, your support is not forgotten. Falcon Miles will retroactively reward all LP positions from day one. Every contribution counts, now let the Miles show it.

USDf is already live across major Ethereum DEXes, including Uniswap v3, Curve, Balancer, PancakeSwap, and Bunni. You can also access it easily through top aggregators like CoW Swap, 1inch, and KyberSwap.

Liquidity is the gateway to usage, and Pilot Season rewards those helping open the door. As mentioned earlier, if you trade on Uniswap, that volume will earn Miles too – starting now.

Bring Others Into the Flight

Whether you’re a power user or just Falcon-pilled, sharing pays. Your network is your net worth aka net-miles.  

Through our referral program:

• Earn up to 10% of the Miles your referee earns
• Set your own kickback: give as much (or as little) back as you like

Please note, for:

• Referrer: You’ll only earn Miles if the person you invite connects their wallet to Falcon for the first time using your referral link.
• Referee: To receive your referral bonus, you must never have connected to Falcon before, and you need to use a referral link when connecting for the first time.

Social Tasks

Being an active part of the Falcon community and staying up to date with campaigns may unlock more ways to earn Miles.

But Wait, There's More

We’re still early in our flight path. With more Miles on the horizon, including rewards from yield tokenization, money markets, bribe aggregators, and beyond, new ways to earn, grow, and get rewarded are coming. Stay tuned here, and follow our updates on X and Discord. 

Trust That Travels With You

Falcon Miles is more than a rewards system, it's a step toward ownership. And ownership requires trust. That’s why we partnered with ht digital to implement an institutional-grade Proof of Reserve system for USDf, aligned with DeFi’s rising transparency standards.

• Daily updates on assets backing USDf
• Quarterly attestation reports for reserve sufficiency and data integrity
• Independent reviews by auditors

You can check our total reserves and protocol backing ratio anytime at our Transparency Dashboard.