Folks Finance x PancakeSwap: Unlock the DeFi Yield with xALGO

Folks Finance
2 min readJul 3, 2023


Folks Finance is launching xALGO, a cross-chain liquid staking innovation which brings the yield from Algorand governance to the BNB chain, historically averaging around 15% APR. To celebrate the launch and incentivise the first adopters, we’re announcing a Giveaway with 🔥30,000 xALGO🔥 as rewards!


With Folks Finance, you’ll get the best of both worlds — flexible DeFi staking & High APR. 🤝

There’s no better place for xALGO to start than the biggest DEX on BNB Chain — PancakeSwap. As an interest-bearing asset, xALGO accumulates value over time while connecting Algorand and BNB Chain, thanks to Wormhole technology.

Providing liquidity on xALGO/BNB PancakeSwap v3 farm and farming the xALGO/BNB LP token will give you a chance to earn xALGO rewards on top of staking yield — thanks to CAKE emissions and trading fees — which increases the efficiency of your capital and maximizes your returns. 📈

🗓️ Campaign Duration: 3rd July, 4:30 PM CET- 21st July, 4:30 PM CET

💰 Rewards:

🔥30,000 xALGO🔥 in xALGO tokens shared by 60 winners

☑️ Raffle: 24th July


60 winners will be chosen at random by Galxe’s Raffle system on July 24th.

Rewards will be airdropped to winners’ wallet addresses used to farm xALGO/BNB LP tokens for a minimum of 1 week between July 3rd and July 21st with a minimum of $200 USD in xALGO/BNB pool

After July 21st, xALGO liquidity providers and farmers will take part in a lucrative raffle with the rewards in xALGO totaling to 🔥30,000 xALGO🔥.

60 lucky winners will enjoy an $xALGO top-up in their wallets.

Provide liquidity of more than $200 USD in the xALGO/BNB pool, farm your LP tokens for more than 1 week, and you could win 500 $xALGO!

How to Get the Prize?

Complete the tasks on in the Folks Finance space to take part in the raffle:

✅ Follow Folks Finance & Pancakeswap on Twitter

✅ Like, comment, & retweet the main giveaway tweet

✅ Provide a minimum of $200 of liquidity to xALGO/BNB pool on PancakeSwap for at least 1 week between July 1st and 21st.

✅ Farm your LP tokens here:

On 21st of July, come back to Folks Finance space on to pass the verification and click “Participate in raffle”

And wait for the raffle on July 24th!



Folks Finance

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