Folks Finance G11 Challenge: 50,000 ALGO to win!

Folks Finance
2 min readApr 8, 2024


Folks Finance is excited to announce the launch of the G11 Challenge on, offering participants the chance to win rewards totaling 50,000 ALGO. Building upon the success of the previous competitions, G11 brings new quests and challenges for both seasoned competitors and newcomers.

Those who collect the most points during this quarter might be invited to join Folks Alpha, a small group of elite community members who get special benefits and access to the Folks team.

To kickstart the journey, participants are required to join Folks Finance by completing a verification process to ensure their humanity and by following Folks’ social channels. Once onboarded, they can dive into various missions:

Algo Liquid Governance with gALGO: Participants must mint gALGO by committing a minimum of 100 ALGO to Algo Liquid Governance. It’s essential to maintain this commitment until the end of the G11 period. Each participant can only complete one quest from this category.

Folks Ninjas: Participants are encouraged to engage in activities such as depositing, borrowing, and trading with Ultraswap, and utilizing Lending Pools for rewards. Additional quests may be introduced for newly-launched features and Folks Finance’s Cross-chain Lending launch.

Community Boosting: Folks Finance values outstanding content creation and active community engagement. Participants can showcase their talents through various mediums like videos, articles, or memes, with the most creative work being shared within Folks Finance’s channels.

Folks Academy: For those keen on mastering Folks Finance and DeFi, Folks Academy provides high-quality educational video content to stay updated on new features and enhance blockchain knowledge.

At the end of the G11 sprint, rewards totaling 45,000 ALGO will be distributed among the top 30 participants on the Leaderboard. Additionally, 25 prizes of 200 ALGO each will be drawn among all G11 participants who have completed at least 5 quests. Folksy Guys holders will have a double chance of winning in the draw.

Participants can begin their quests by accessing the Questboard provided in the link. Let the competition begin!

About Folks Finance

Folks Finance is a leading DeFi platform providing innovative tools for lending, borrowing, trading and managing digital assets, all in one place. Folks Finance streamlines the DeFi experience with a UI and UX competitive to centralized exchanges, all while running on permissionless smart contract technology.



Folks Finance

DeFi at its finest: lend, borrow, trade, and manage digital assets all in one place.