$300,000 in POL Incentives Live for Crosschain Markets on Folks Finance
June 3rd, 2025
Folks Finance has secured a $300,000 grant from the Polygon Foundation, delivered in POL tokens, to drive incentives for deposits and activity in its expanding crosschain lending markets. The grant, split in three tranches, is applied to strengthen yields on Polygon-based assets within the Folks crosschain app.
Boost Your Yield with Polygon-Based Assets
The initial target markets for POL incentives include:
• WBTC
• WETH
• POL
• MATICX
• wstETH
• LINK
Through this grant, users can increase their DeFi strategies across chains on Folks Finance, collecting POL rewards when depositing key Polygon assets. On Folks Finance, a single account connects multiple chains, making it possible to deposit or collateralize on one chain and borrow on another, without the need for traditional bridges.
The POL grant is set to drive new crosschain lending activity, boosting yield opportunities across the platform. POL rewards can be manually claimed at the end of each weekly epoch.
Earn Folks Points Alongside POL Rewards
In addition to POL incentives, users can collect Folks Points by engaging with Folks markets. These points reward individual contributions and recognize active involvement in the protocol’s progress.
Backed by Leading Foundations
Alongside this Polygon grant, Folks Finance has also received support from the Avalanche and Arbitrum Foundations, reflecting growing momentum for crosschain lending innovation.
Explore the full potential of your Polygon assets for crosschain strategies.
Start collecting extra POL rewards today at xapp.folks.finance.
