Falcon Finance narxiFF

New crypto token launches have faced major price declines in 2025, with 84.7% trading below their Token Generation Event valuations. Research by Ash from Memento Research tracked 118 TGE launches this year, finding that 100 tokens have fallen beneath their opening prices. The median token has crashed 71% in fully diluted valuation since launch, with market cap down 67%. Only 15% of 2025 token launches trade above their TGE valuations. “2025 token launches have mostly been a bloodbath,” Ash wrote on X. “This means ~4 out of 5 launches are below their opening valuation.” High-profile cryptos suffer 90%+ crashes from launch Syndicate (SYND) leads the destruction with a 93.64% decline from its $940 million starting FDV to $59.8 million. Animecoin (ANIME) fell 93.59% from $870 million to $55.7 million. Berachain (BERA) dropped 93.17% from $4.46 billion to $305 million. 2025 token launches have mostly been a bloodbathTracked 118 TGE launches this year and compared today’s FDV vs opening:• 84.7% (100/118) are below TGE valuation • This means ~4 out of 5 launches are below their opening valuation• Median token is -71% FDV (-67% MC) from… pic.twitter.com/dtCHTvedpZ— Ash (@ahboyash) December 20, 2025 Bio Protocol (BIO) crashed 93.05% from a $2.06 billion launch to $143 million current FDV. Xterio (XTER) plummeted 92.85% from $420 million to $30 million. Lit Protocol (LITKEY) declined 92.07% from $210 million to $16.7 million. Yala (YALA) fell 91.61% from $240 million to $20.1 million. Towns (TOWNS) dropped 91.22% from $691.8 million to $60.7 million. Nillion (NIL) crashed 91.21% from $720 million to $63.3 million. Even tokens that raised from top-tier venture firms suffered double-digit percentage crashes. Mira (MIRA) fell 91.05% from $1.4 billion to $125.4 million. Venice Token (VVV) declined 90.83% from $1.23 billion to $112.4 million. The data covers both H1 and H2 2025 launches. H1 tokens include Bio Protocol, Xterio, Berachain, and Nillion. H2 tokens include Syndicate, Animecoin, Lit Protocol, Yala, and Towns. Venture-backed tokens face longest drawdowns The worst performers launched with nine and ten-figure fully diluted valuations. Falcon Finance (FF) started at $6.7 billion FDV and fell 85.83% to $949.7 million. OG launched at $4.9 billion and dropped 84.42% to $763.6 million. Plasma (XPL) began at $12.97 billion and crashed 89.93% to $1.31 billion. Anoma (XAN) fell 90.22% from $1.6 billion to $156.2 million. Plume declined 87.84% from $1.3 billion to $158 million. Lower-cap launches fared no better. Balance (EPT) dropped 90.60% from $170 million to $16 million. Tree (TREE) fell 89.34% from $670 million to $71.4 million. Camp Network (CAMP) declined 89.11% from $637 million to $69.4 million. “TGE isn’t early anymore reee,” Ash concluded, warning that buying tokens at launch no longer provides edge for retail investors.

FALCON FINANCE ($FF): QUICK BREAKDOWN Falcon Finance is a synthetic dollar DeFi protocol backed by DWF Labs. Users deposit BTC, ETH, SOL, stables, or RWAs to mint USDf, then stake it to earn sUSDf (~9–10% APY). Products: USDf – synthetic dollar sUSDf – yield-bearing USDf $FF – governance token Funding: $24M Backed by DWF Labs + World Liberty Financial ($10M, Trump-backed) $FF has no revenue sharing, governance only. Price Action: IDO Price: $0.045 ATH: $0.67 Current: ~$0.095 (Down 80%+ from ATH, but still ~2x from IDO ) Chart View: Structure remains bearish. Possible 20–50% more downside before next leg up. Potential accumulation zone: $0.05–0.03 Long term, $0.5–$1 is possible, but it will take time and improved transparency. Bull: fast TVL growth, high yields, RWA narrative, strong listings Bear: DWF controversy, USDf depeg history, off-chain reserves, heavy unlocks NFA & Always DYOR

Price is continuing to respect the bearish structure, and the recent breakdown confirms that sellers are still in control. After moving inside a clear descending channel, momentum accelerated to the downside with a strong impulsive candle, showing weakness from buyers and acceptance below the previous support zone. At the current level, $FF /USDT is attempting a minor pause, but as long as price remains below the channel resistance and rejection zone, the downside bias remains valid. Any short-term pullback into resistance can be considered a continuation opportunity rather than a reversal. Short Trade Setup • Entry Zone: 0.1020 – 0.1058 • Target: 0.0948 • Stop Loss: Above 0.1060 Market structure favors further downside continuation unless price reclaims the broken channel decisively. Risk management remains key while volatility is expanding.

.@FalconStable has introduced a new proposal (FIP-1) that adds a dual-staking model on top of the existing $sFF system which is pretty unique imo. It directly tackles structural issues that almost every YBS protocol deals with: 🔸 Short-term, feedback-driven liquidations 🔸 Mercenary capital inflows/outflows that chase transient APR 🔸 Leveraged looping artificially inflating TVL (for ST yield optimisation) 🔸 Governance being swayed by short-term farmers lacking long-term alignment It’s also a common frustration for stakers to deal with cooldown mechanics since it impedes capital efficiency too. The goal of FIP-1 aims to fix these pain points by structurally improving alignment between $FF holders, governance participants & Falcon’s multi-year roadmap. ========== FIP-1 Technical Overview: The proposal comprises of two key upgrades which aim to significantly enhance staking dynamics across Falcon in the long-run. 1⃣ Introduction of Prime FF (sFF-180) The proposal introduces Prime FF, a 180-day lockup variant (essentially sFF-180) that comes with enhanced governance weight and higher yields compared to standard sFF. The design goals are straightforward: 🔹 Reward long-term conviction 🔹 Align governance toward long-horizon stakeholders 🔹 Reduce influence from opportunistic yield maximisers This ensures that participation means genuine alignment with Falcon's broader development roadmap, where enhanced benefits are rewards includes: 💠10x Governance Power vs. flexible sFF → This means holding 100 sFF-180 = 1,000 sFF voting power. 💠Enhanced yield premiums → 5.22% APY (vs. newly proposed Flexible FF Staking → 0.1% APY) *Note: Proposed yields are subjected to changes based on existing protocol development & market conditions. 2⃣Removal of $sFF Unstaking Cooldown The conventional staking rn mandates 3-day cooldown period which is typically associated as outdated + user-unfriendly. Falcon recognises this and will introduce max flexibility in both staking mechanisms by eliminating the existing 3-day cooldown for unstaking (sFF → FF). This means zero delays with instant flexibility frictionless & adaptive users. *For Prime FF stakers, unstaking is available immediately once the 180-day commitment ends. These dual-pronged approach essentially right-sizes influence toward LT stakers who are more likely to vote in Falcon's strategic interests. ========== So what does all these aim to achieve? IMO, enabling this dual-staking mechanism boost staking inclusivity as it serves to cater to both: 1. Long-term aligned participants 2. Short-term yield optimisers This means capturing the best of both audiences without compromising the utility of either group. With a more flexible yet conviction-weighted staking system, this creates several key outcomes: 1⃣ Stronger, More Aligned Governance Both ST & LT users participate, but governance weight naturally gravitates toward long-term conviction → aligning decisions with Falcon’s long-term strategic arc. 2⃣ Reduction of Mercenary Capital Influence Offering of predictable yield premiums for sFF-180 makes long-term staking more attractive than opportunistic farming which will be effective in skewing Falcon’s tokenholder base toward long-term stakeholders. 3⃣Healthy Participation Spectrum Two staking pools create a clear separation where (1) flexible users maintain liquidity + accessibility & (2) committed holders receive governance weight + stronger yields. 4⃣ Improved UX & Capital Efficiency Removing cooldowns makes staking more usable + lowers friction for all participants w/o compromising protocol security. All these collectively enhance Falcon’s protocol-wide dynamics, and indirectly shape its future growth trajectory. This is especially meaningful given Falcon’s sustained climb to >$2B TVL, supported by deep DeFi integrations and a wide range of advanced, yield-tied strategies for $USDf $sUSDf. As the protocol scales, governance weight naturally becomes more financially consequential. Stronger alignment between stakeholder incentives <> protocol direction will matter even more, since governance decisions begin to hold heavier influence in economic impact. ========== Final Thoughts At its core, FIP-1 main objective here is to align the broader community with people who actually care. By giving long-term stakers real yield, real governance weight & frictionless UX, Falcon shifts its power base away from ‘fly-by-night’ farmers and toward holders aligned with the protocol’s LT vision. If the vote passes, a more durable + conviction-driven community will eventually be formed. PS: Voting period last from 13-15th Dec

Three new addresses withdrew a total of 48.43 million FF from a CEX in the past 3 days, equivalent to approximately $5.33 million.