1. Go to https://app.falcon.finance?r=b66fcb599f068ab52d4c254136ac93a9
2. Connect Wallet
3. Go to "Account" tab > "Profile"
4. Scroll all the way down to complete KYC
5. Mint USDf to begin earning Falcon Miles

How Points Are Calculated:

The points calculation mechanism employs a straightforward yet effective multiplier system. Each eligible action has an associated multiplier value, which is applied to the USD value of that particular activity. The calculation considers either:

1. The USDf amount minted, or 2.The total value locked (TVL) of the collateral

For example, if you mint USDf worth $10,000 using the Classic Mint with Non-stablecoins option, which carries an 8x multiplier, you would receive 80,000 Miles points (10,000 × 8 = 80,000). Similarly, if you hold $10,000 worth of USDf in your wallet for one day and the daily holding multiplier is 6x, you would earn 60,000 Miles points for that day.

Eligible Activities and Their Multipliers:

Based on the official Falcon Miles dashboard, the following activities are currently eligible for points accumulation, each with its specific multiplier:

Minting USDf:

• Classic Mint with Non-Stablecoins: 8x multiplier per action
• Innovative Mint with Non-Stablecoins: 16x multiplier per action
• Classic Mint with Stablecoins: 2x multiplier per action

Staking USDf & Restaking sUSDf:

• Classic Yield - Stake and Hold sUSDf: 1x multiplier per day
• Boost Yield - Restake sUSDf (3-month Tenure): 15x multiplier per action
• Boost Yield - Restake sUSDf (6-month Tenure): 20x multiplier per action
• Boost Yield - Restake sUSDf (12-month Tenure): 40x multiplier per action
• Hold 3-month Boosted Yield Position: 2x multiplier per day
• Hold 6-month Boosted Yield Position: 2x multiplier per day
• Hold 12-month Boosted Yield Position: 2x multiplier per day

Holding USDf:

• Hold USDf: 6x multiplier per day

Social Engagement:

• Follow @FalconStable on X (Twitter): Points awarded for social engagement

Future Developments:

The Falcon Miles Program is expected to evolve over time, with improvements and updates ongoing during this early phase. According to official communications, future developments may include:

• Expansion of eligible activities to include interactions with partner protocols
• Additional ways to utilize accumulated points, potentially including redemptions for rewards or participation in airdrops
• Enhanced multipliers or special promotional events
• Integration with Falcon's governance system

Current multiplier values and eligible activities are regularly updated on the official Miles page within the Falcon Finance application. Users are encouraged to check this resource periodically for the most up-to-date information as the program continues to develop.

Based on the current structure of the Falcon Miles program and industry precedents, users can optimize their potential airdrop rewards through several strategies. Different activities carry varying point multipliers, making some significantly more rewarding than others. For instance:

1. Boost Yield - Restake sUSDf (12-month Tenure): With a 40x multiplier per action, this represents one of the highest point-earning opportunities.

2. Innovative Mint with Non-Stablecoins: Carrying a 16x multiplier per action, this is substantially more rewarding than the 2x multiplier for Classic Mint with Stablecoins.

3. Hold USDf: The 6x daily multiplier makes this a consistent points-earning strategy for users who prefer passive participation.

However, in the Innovative Mint mechanism, users must commit their collateral for a fixed term, enabling access to liquidity while maintaining defined participation in potential price appreciation. In periods of significant market volatility, the protocol implements appropriate liquidation procedures to ensure the integrity of the collateral backing. This means if you redeem your USDf back to your non-stablecoin assets, the amount might not be the same as when you first swapped via Innovative Mint.