DApp Store

全部网络

全部网络

Manta

zkSync Era

Base

Linea

Chiliz

ETH

BSC

Polygon

Sei

Sei V2

Plume

Fuel

World Chain

Sonic

Katana

Hyper EVM

Monad Testnet

Sahara AI Testnet

Plasma Testnet

Lens

Babylon Genesis

Hemi Network

svmBNB

Abstract Mainnet

Soneium

Berachain

Story Mainnet

Matchain

Arbitrum

Optimism

Bitcoin

Bitcoin Testnet

Bitcoin Signet

ZetaChain Mainnet

Zeta Evm Testnet

opBNB

Scroll

Core

Mantle

Sui

TRON

Solana

Aptos

Movement Testnet

SOON Devnet

SOON Mainnet

Fantom

Starknet old

Starknetv2

Nautilus

Polygon zkEVM

Avalanche-C

Celo

Heco

OKC Chain

KLAY

Cronos

WAX

Gnosis Chain

EOS

Terra Classic

NEAR Protocol

Harmony

Aurora

KCC Chain

Boba Network

Fuse

KardiaChain

IOST

ClassZZ

Caduceus

TRUE

Velas

smartBCH

Vision

Cosmos

TomoChain

Findora

GateChain

BitTorrent

Callisto Mainnet

Meter Mainnet

HALO

Yotta

IoTeX

Kava

BRISE

Telos

DogeChain

zkSync

PEGO

Fsc Scan

ThunderCore

Conflux eSpace

Shardeum Liberty 2.X

Ethereum Classic

Berachain Artio

Artio Testnet (Berachain)

Morph Testnet

Morph Holesky

Morph

Lumia

Merlin Chain

Sonic Testnet

Osmosis

Nillion Testnet

XION

Babylon Testnet

zkfair

Blast

Degen

Bitlayer

Taiko

Celestia

Saga

Mode

Ton

Coreum

BOB

Aleph Zero EVM

MEGA Testnet

Stellar

Kite Testnet

X Layer

Ethereum Sepolia

Folks Finance

Folks Finance is a capital markets protocol for borrowing and lending, built on top of Algorand. Users can deposit assets to accumulate yield, take loans by providing collateral, swap assets via Folks Router, and participate in Algorand Governance through gALGO and xALGO assets.

What is Folks Finance?

Folks Finance is a community-driven decentralized platform providing permissionless DeFi tools across multiple networks. It offers services such as lending, borrowing, liquid staking, and trading, aiming to make decentralized financial services accessible to a broad audience.

How Does Folks Finance Work?

Folks Finance operates by allowing users to deposit assets on one blockchain and borrow on another, utilizing cross-chain interoperability protocols like Chainlink's CCIP, Wormhole, and Circle's CCTP. This approach eliminates the need for bridging or wrapping assets, providing seamless cross-chain lending and borrowing experiences.

What Makes Folks Finance Unique?

Folks Finance stands out due to its cross-chain lending markets, which solve liquidity fragmentation by enabling unified pools for assets like USDC and solvBTC. Additionally, it offers innovative products such as xALGO, a liquid staking token for Algorand, and a mobile app designed to simplify DeFi interactions for a wider user base.

Who Are the Founders of Folks Finance?

Folks Finance was founded by Benedetto Biondi, who serves as the CEO. Under his leadership, the platform has secured significant funding and established strategic partnerships to advance its mission in the DeFi space.

Latest News

What Key Events Have There Been for Folks Finance?

In November 2024, Folks Finance raised $3.2 million in a Series A funding round led by Borderless Capital, bringing its valuation to $75 million. The platform also launched xChain, a cross-chain lending market, and achieved an all-time high of $400 million in Total Value Locked (TVL).

Project Announcements

Folks Finance has announced plans to expand its cross-chain protocol by adding support for new blockchains like Optimism and Polygon. Additionally, the platform is developing a mobile app aimed at simplifying DeFi interactions for a broader audience.

Upcoming Events

Latest Airdrop

A significant token allocation is planned to reward users who participated in campaigns and earned Folks Points. Specific details regarding the date, number of tokens available, and eligibility criteria are yet to be announced.

Projects Announcements

Where to Buy Folks Finance?

As of now, Folks Finance has not launched its native token, FOLKS. Therefore, it is not available for trading on any exchanges.

Folks Finance Price

Daily Trading Volume

All-Time High

All-Time Low

Market Cap and Valuation

Market Cap

Fully Diluted Valuation

Folks Finance Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding the price of the FOLKS token, as it has not yet been launched.

FAQ

What is the Purpose of Folks Finance?

How Can I Participate in Folks Finance's Ecosystem?

What Sets Folks Finance Apart from Competitors?

Is Folks Finance Secure?

What are the Risks Associated with Folks Finance?

Community Sentiment

26.37K Votes

50% 50%

Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.