Folks Finance x Pera Wallet: Staking Quest

What is the Folks Finance x Pera Wallet Quest?

The Folks Finance x Pera Wallet Quest is an interactive campaign designed to reward users for staking ALGO through Pera Wallet via Folks Finance. This initiative makes it easy for ALGO holders to experience liquid staking, unlocking real-time Staking Rewards while keeping their ALGO usable across DeFi.

How to Join the Quest

The process is simple:

1. Open Pera Wallet and access the Staking Quest banner on the home page.
2. Stake ALGO into xALGO using Folks Finance.
3. Hold xALGO for at least 2 weeks to qualify.
4. Get a share of 30,000 ALGO in rewards!

Why Participate?

• Collect Rewards — Stake ALGO and share 30,000 ALGO in prizes on top of Staking Rewards and Folks Points.
• Keep Your ALGO Liquid — Unlike traditional staking, xALGO stays usable across DeFi while earning rewards.
• Easy & Accessible — Stake directly through Pera Wallet with a simple flow.
• No Extra Cost — No additional fees beyond standard network fees.

Quest Structure & Rewards

🏆 Total Prize Pool: 30,000 ALGO

Rewards Breakdown:

• Guaranteed Rewards: 15,000 Algo distributed equally (15 Algo x 1000 users)
• Bonus for Top Stakers: 15,000 Algo distributed proportionally based on size of stake between the TOP 50

🛠 Participation Criteria

• Stake ALGO for xALGO via Pera Wallet’s banner on the home page.
• Minimum stake required for eligibility: 50 ALGO.
• Hold for at least 2 weeks.
• The amount staked must be held in the wallet or deposited/collateralized on Folks Finance.
• Campaign Duration: 1 Month (to allow everyone to join and complete the hold period). The campaign ends on May 3rd at 23:59 CET.

Start Staking & Get Rewards!

This is your chance to experience liquid staking, get rewards, and unlock new opportunities in Algorand DeFi — all directly from Pera Wallet.

🔗 Open Pera and Start the Quest