Synthetic dollar protocol Falcon Finance has launched the Pilot Season of its Falcon Miles points program, a rewards scheme that grants “Miles” to users for a wide range of on-chain and ecosystem activities, including minting, swapping, holding and staking USDf, providing liquidity, and referring new users. Participants earn Miles based on the dollar value of their activity in the Falcon app, with a base rate of 1 Mile per $1 of value that can be multiplied by action-specific multipliers; for example, minting USDf with non-stablecoins or holding USDf in a wallet accrues Miles at higher rates. Miles are calculated daily based on the previous day’s activity and displayed in the app. The Pilot Season functions as an initial “retrodrop-style” campaign designed both to incentivize current usage and to reward early contributors to the Falcon ecosystem, including liquidity providers who seeded USDf pools from day one. Eligible activities span minting USDf through Falcon’s Classic or Innovative Mint, buying or trading USDf on DEXs and CEXs such as Uniswap v3, Curve, Balancer, PancakeSwap, Bitfinex, and WOO X, staking USDf into sUSDf and boosted-yield products, and participating in referral and social campaigns. Falcon Finance positions Miles as a core loyalty and growth mechanism for its synthetic dollar protocol—already deployed across major DeFi venues—with plans to expand the program in later phases to encompass additional DeFi integrations and new reward paths such as yield tokenization and money markets.

AI-generated background, compiled from web sources — not editorial content.

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