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Talking about Falcon Finance (FF), most people focus on its technical architecture or development roadmap. But I want to approach it from another perspective—a dimension often overlooked but equally critical: community mechanisms and incentive design.
Simply put, Falcon aims to do more than just be a financial protocol. It is building an ecosystem—a digital community where all participants' interests align and share a common culture. What keeps this community together is the ingenious "Falcon Miles" loyalty system and the linkage with the FF token.
**From Passive to Active: How the Miles System Reshapes User Relationships**
How do most DeFi projects view users? Usually as passive financiers. Deposit funds, earn interest, and that's it. The relationship between users and the protocol is quite cold.
Falcon's approach is different. It introduces the "Falcon Miles" points system, directly changing the game rules. Every core action a user takes within the ecosystem is quantified into contribution and rewards—that's the power of gamification.
How exactly does it work?
**Minting Stablecoin USDf** is the first step. Users collateralize assets to mint USDf stablecoins. This isn't just a transaction; it's the activation of assets and the start of earning yields, and also the main way to earn Miles.
**Holding and Staking** is another route. Users can hold USDf directly or convert it into interest-bearing sUSDf for staking, which can generate continuous points over the long term. What's the benefit of this design? It encourages users not to engage in short-term speculation but to participate long-term.
**Providing Liquidity** is also included in the incentive scope. Users can add liquidity to USDf trading pairs on certain DEXes, supporting the ecosystem's trading depth while accumulating Miles themselves. The ecosystem's influence spreads from the inside out, creating a win-win situation.
The brilliance of this system lies in transforming users from passive capital providers into active ecosystem builders. Every action receives feedback, and every contribution is recognized.