Folks Finance Adds Crosschain Support for ggAVAX

Folks Finance is excited to announce the listing of ggAVAX, the yield-bearing AVAX token developed by GoGoPool and seamlessly integrated through Chainlink CCIP and Wormhole. This new asset enables Avalanche stakers to deposit ggAVAX, leverage it as collateral, and access liquidity across supported blockchain networks — all without the need for bridging.

With the addition of ggAVAX, Avalanche stakers can maximize the potential of their assets within DeFi. Users can now borrow, lend, and trade against their staked AVAX without interrupting staking yields, paving the way for more versatile asset management and productive capital use.

Folks Finance’s collaboration with GoGoPool highlights thecommitment to providing innovative, multi-chain DeFi services that are easy to use and optimize returns. To start using ggAVAX on Folks Finance, visit xapp.folks.finance.

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 Folks, incentive programs, and more by following Folks on socials: linktr.ee/FolksFinance.