We’re excited to announce that Folks Finance will integrate Chainlink CCIP — the industry standard for secure cross-chain interoperability — across multiple blockchains. We’re leveraging CCIP’s arbitrary messaging functionality to build cross-chain Hub & Spoke lending, enabling users to deposit collateral on one chain and borrow assets on another. We…

Algorand Governance officially turns 2 years old! Thankfully, Folks Finance has already toddler-proofed their product suite with all the best tools to make the most of being an Algorand Governor. Whether using gALGO or xALGO, joining Governance through Folks Finance gives access to the highest reliable yield on ALGO. Let’s…

We’re excited to announce that Folks Finance is officially joining the Chainlink BUILD program. As a part of BUILD, we aim to accelerate ecosystem growth and long-term adoption of our DeFi hub by gaining enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater cryptoeconomic…

Attention to all crypto UX & UI designers and crypto enthusiasts! We’re excited to announce that we’re launching a UI & UX bounty program to enhance the UX/UI of our platform. We are offering a bounty of up to 20,000 $xALGO for high-quality improvements. …

Folks Finance is excited to announce the listings of wAVAX, wSOL, and wMPL, which will soon be open for deposits in the lending market and Lending Pools. This means that you can use your favorite tokens from the Avalanche, Solana, and Maple Finance ecosystems in Algorand DeFi! 10,000 ALGO will…

Folks Finance has announced the release of Folks Router, an in-house DEX aggregator. Folks Router aim is to provide the lowest fees and most efficient routes for swapping, and will be fully integrated into the Folks Finance dApp. Folks Router accesses a total of 205 liquidity pools from three different…

As August begins, it’s time to make your voice heard on the xGov platform. Amongst the many proposals, one promises to uplift and propel the entire Algorand ecosystem: Folks Finance’s NFT Lending platform. With over $80MM of TVL on the platform, and a full set of features successfully deployed on…

Higher APRs, deeper liquidity, and an optimized DeFi experience arrive with Lending Pools. Launched in collaboration between Folks Finance and Pact, Lending Pools are a unique product enabling enhanced returns obtained from lending markets and decentralized exchanges’ liquidity pools. Lending pools are a game-changer in capital efficiency, facilitating increased APRs…

Here’s how to join the G8 Governors Giveaway. As Algorand gets ready for Governance Period 8, Folks Finance is here to celebrate by hosting the G8 Governors Giveaway. With a 30,000 ALGO bag up for grabs, exclusive Dragonfi “Moon Dragon” prizes, and Zabava NFT Whitelist spots, the chance to boost your wallet is too good to pass up. …