Folks Finance Adds Crosschain Lending Support for savUSD

Folks Finance is excited to announce the listing of savUSD on xChain, the yield-bearing stable asset developed by Avant Protocol and native to the Avalanche ecosystem. Users can now deposit, leverage as collateral, and borrow against this asset across supported networks.

savUSD is avUSD’s yield-bearing counterpart, growing in value over time through Avant’s market-neutral strategies.

With this listing, stablecoin holders can unlock new ways to lend, borrow, and participate in crosschain DeFi while maintaining exposure to low-volatility assets. Use savUSD crosschain to maximize rewards and collect Folks Points on every position.

Start using savUSD on Folks Finance: xapp.folks.finance

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Folks Finance offers crosschain lending, borrowing, staking, and trading across elite blockchains. By combining traditional finance’s security and optionality with the transparency and decentralization of DeFi, Folks Finance continues to pave the way for a truly global onchain economy.

Keep an eye out for updates on xChain, incentive programs, and more by following Folks on socials: linktr.ee/FolksFinance.