Today I saw that Falcon @FalconStable is preparing to launch a token, so I started looking for other places to park some funds. This project can be considered a small-to-medium-sized mining operation. I’ve seen quite a few people discussing it—there’s no shortage of opinions, both FUD and optimistic takes. The project originally pivoted from the BTC ecosystem, going from BTCFi CDP -> meme-based infofi, and now they’ve developed a chain-abstracted stablecoin. From a funding perspective, it’s backed by CMS Holdings and Waterdrip Capital, which gives it some ties to Chinese institutions. The 45-day smart vault deposit opened and didn’t fill up instantly—it took about 20 minutes to hit just over $6M. This shows that people are still cautious about the 40.8% APR high-yield fixed-term deposits. Personally, I’m more willing to take on some risk , but if I were to rate it, I’d say this is a high-yield product with medium-to-high risk. Whether the 40+ APR is worth it will only become clear after the token launch. Another way to find places to park funds is a method recommended by DeFi veteran @0xYond—sorting by stablecoins on Pendle to find deposit opportunities. That’s also a solid strategy.