Folks Finance, a pioneering and rapidly growing DeFi hub, has just launched the next evolution of its protocol by expanding its product offerings to three new blockchains – Ethereum, Avalanche, and Base.
Working closely with Wormhole, Chainlink, Pyth, and Circle – whose technology powers the infrastructure of the expansion – Folks will provide natively crosschain lending and borrowing without wrapping or bridging assets. Users will be able to access multiple networks from a single account, which unlocks deeper liquidity and easy on/off ramps between chains.
The xChain expansion is Folks’ answer to: “what next?”. In the past 18 months, the DeFi industry has been accused of stagnation, especially toward the largest protocols. Folks plans to disrupt the industry incumbents with the efficiency and flexibility of its bespoke design.
Going live in April 2022, Folks Finance began as a lending and borrowing protocol on Algorand. Over the following 2 years, Folks Finance grew from a lending protocol to a fully fledged DeFi suite, offering lending and borrowing, swaps, leverage trading, a fiat on/off ramp, and liquid staking – notably, with leveraged liquid staking and crosschain liquid staking available as well.
Folks is now the dominant DeFi app on Algorand, with over 14,000 monthly active wallets and $100,000,000 in TVL – about 75% of Algorand’s DeFi liquidity. gALGO, the Liquid Staking Token originating from Folks Finance, is the most-used crypto asset on the network, backed by over 450,000,000 ALGO – about 4.5% of ALGO’s total supply.
Previous：Time for the Matsuri!
Broadcast Premiere of 'The Power of Two'
How Imgur maintains its geek cred as it chases ad dollars
Orlando shooter posted to Facebook multiple times during massacre
Sports reporter fired for anti
FILM: Mixed
Wizarding World raises wands in tribute to 22
Extremely happy dog doesn't need a human to play fetch
'Guardian' writer Owen Jones walks off Sky News during Orlando discussion
FAQ: The 2020 Census and the LGBTQ Community
San Francisco stages a kiss
Packing for a Cause
Celebrate Father's Day with these perfect parenting 'tips' from Donald Trump
'Guardian' writer Owen Jones walks off Sky News during Orlando discussion
Photoshopping the Norman Reedus 'Death Stranding' trailer became a sport during E3 week
OCBC Troop 578 Recognizes 5 New Eagle Scouts
15 YouTube covers that display the vast talent of Christina Grimmie
Schools across the UK are introducing gender neutral uniforms
Adam Levine offers to pay for Christina Grimmie's funeral
npl leads the way as NAVI qualify for Paris Major
Samantha Bee delivers strong message on gun control on 'Full Frontal'
Pixar's 'Luca' is the ultimate summer vacation fantasy: Movie reviewDC officially won't let Batman go down on Catwoman, and Twitter is in an uproarTesla Model S Plaid arrives: 'This is something you have to feel to believe'The best smartphones of 2021 (so far)From a helicopter, scientist filmed intense scene of a tornXbox and Bethesda dropped a *ton* of trailers at their E3 kickoffTaylor Swift announces 'Red (Taylor's Version)' with sweet, emotional noteWhat kind of villain is Loki, really? 'Loki' on Disney+ wants to know.Facebook's Oculus is testing inHow to cancel YouTube TV Sean 'Diddy' Combs has decided to change his name to 'Love' Barack Obama just banned selfies at his Chicago summit Say Tian Hng Buddha Shop is on Airbnb, so the world can get to know it Hillary Clinton jokes about going as 'the president' for Halloween Trump's email newsletter relies more on opinion than fact This 'poop machine' could assist in the fight against bowel cancer This AR app lets you 'try before you buy' plants for your home Beyoncé pays homage to Lil' Kim with five perfect Halloween costumes J.K. Rowling receives Donald Trump newsletter and her response was as scathing as you'd expect Hillary Clinton guest
0.1605s , 7978.7734375 kb
Copyright © 2025 Powered by 【кастинг порнография】Folks Finance Launches Natively Crosschain Lending Markets,Global Hot Topic Analysis
