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Falcon Finance Launches Onchain Insurance Fund with $10 Million Seed Capital
Falcon Finance Launches Onchain Insurance Fund with $10 Million Seed Capital
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BTCCSquare news:
Falcon Finance has unveiled a dedicated onchain insurance fund, backed by an initial $10 million reserve in USD, to bolster risk management and counterparty protection. The Dubai-based protocol will allocate a portion of its fees to sustain the fund's growth, ensuring long-term stability.
The fund serves as a financial safeguard, designed to mitigate negative yields and act as a market stabilizer during periods of volatility. By maintaining stablecoin reserves, Falcon aims to offset unforeseen losses and uphold yield commitments even in adverse conditions.
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